[Ansem: Institutional Funds Turning Bullish on Crypto Market, Current Market Environment May Favor Bottom Formation] BlockBeats News, August 19 – Renowned crypto KOL Ansem posted that institutional funds are turning bullish on the crypto market, citing examples such as billionaire Stanley Druckenmiller buying HYPE, Robinhood launching its own Layer 2, and hedge fund giant Paul Tudor Jones increasing his Bitcoin positions. He also pointed out that the regulatory environment for the crypto industry is significantly improving, while native crypto investors remain broadly bearish and pessimistic. Ansem believes that the combination of institutional funds turning bullish, improving regulatory conditions, and extreme pessimism within the market creates the typical conditions for a market bottom to form. [Original Link]