Institutions and Retail Buy Crypto Despite 50% Bitcoin Pullback

Bitcoin fell below $60,000 on June 5, down roughly 50% from its peak, but Coinbase's John D'Agostino told CNBC that both retail and institutional investors are buying and holding crypto as a long-duration asset. FBTC's bitcoin ETF complex shed only 15% retail interest against the price plunge, signaling resilience not seen in prior cycles.