I just noticed an interesting signal in the crypto market this week. Institutional money is flowing in strongly, especially through ETPs, with over $1.1 billion flowing in net. This is the second-highest amount of 2026 and tells us a lot about their confidence.

Bitcoin just surged to $77,610, exceeding short traders' expectations, resulting in a liquidation of over $530 million in a single day. Most of this came from Bitcoin and Ethereum. Importantly, institutional inflows have resumed after Ethereum was quiet for three weeks, with over $196 million flowing in now. Bitcoin saw a significant inflow of $871 million. This activity is mostly driven by the U.S., accounting for 95% of the total.

Another interesting development is that Zcash has made a real comeback. When Foundry Digital launched a mining pool for this privacy coin, within a month, Foundry captured a 29.2% share of the hashrate, causing the former market leader ViaBTC to drop from 68% to 37%. Currently, Zcash is priced at $356.37, up 960.51% over the year and another 60.66% in the last month. The entry of institutional players has helped attract continuous inflows into this coin.

Regarding the chaotic quantum threat, there's no need to panic that much. The crypto market has already priced in the risks. Bernstein points out that the price has fallen nearly 50%, reflecting these concerns. Developers still have 3-5 years to prepare quantum-resistant systems. The real challenge isn't technical but getting the community to accept and migrate to new systems. Financial institutions holding large amounts of crypto will be a key driver.

In summary, what’s happening now indicates that institutional money is systematically accumulating crypto assets. It’s not just short-term speculation. The market is taking a new turn, and confidence is truly returning strongly.