Tokenized Asset Holders Cross 3.5 Million as Institutional Inflows Rebound
A sharp rise in real-world asset tokenization and recovering ETF demand are fueling speculation of an institutional cycle.
The base of tokenized-asset holders has surpassed 3.5 million, marking an increase of 109% over the past 30 days and more than 2,500% since May 2025. Total represented value across these assets has reached $387 billion, according to data from The Kobeissi Letter, with major platforms such as Robinhood expanding into the segment.
On-chain trading metrics also reflect widening interest, with 63% of trading volume on Jupiter taking place outside regular market hours. This comes alongside a revival in spot ETF allocations, where U.S. Bitcoin funds registered $643 million in net daily inflows on a single Thursday, according to Glassnode, while BlackRock's IBIT fund has drawn $3.7 billion so far in the quarter.
However, market momentum remains mixed compared to the 2024 post-halving phase, with prices struggling across 2025 and into 2026. Total crypto market capitalization stands near $2.705 trillion with Bitcoin dominance around 58.98%, well below the previous $3.7 trillion peak.
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