Coinbase Provides Neutral Outlook for Q2 Market, Citing Macroeconomic Uncertainty

AirdropBlackHole · 2026-04-08T02:21:36+00:00

Coinbase Institutional anticipates a neutral second quarter due to economic uncertainties. Despite market volatility, Bitcoin shows resilience. Institutional investments in Bitcoin increased, with Morgan Stanley listing its ETF on the NYSE.

AirdropBlackHole

2026-04-08 02:21:36

Abstract generation in progress

On April 8, Cryptopolitan reported that Coinbase Institutional has given a neutral outlook for the second quarter market, citing macroeconomic and geopolitical uncertainties such as the Iran conflict that make predictions highly unreliable. Coinbase referenced a Bank of America fund manager survey indicating that cash holdings increased by nearly one percentage point to 4.3% in a month, marking the fastest accumulation rate in five years. Despite recent declines in the S&P 500 by three to four standard deviations, Bitcoin has only experienced a one standard deviation pullback, showing relative strength. The U.S. spot Bitcoin ETF recorded approximately $471 million in net inflows on April 6, marking the strongest single-day performance in six weeks, with BlackRock’s IBIT leading the way. Institutional holdings have risen from 24% a year ago to about 38%, with hedge funds and pension funds collectively holding over $40 billion in shares. Starting April 8, Morgan Stanley has listed its Bitcoin ETF on the NYSE, becoming the first major U.S. bank to directly issue a spot Bitcoin ETF.

BTC4.77%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes