According to @HenriArslanian, the latest AIMA report shows that 55% of traditional hedge funds are now active in crypto markets, indicating wider institutional engagement. Source: @HenriArslanian; AIMA. He adds that among funds still on the sidelines, the share conducting research into the asset class climbed from 12% to 43%, expanding the pipeline of potential entrants. Source: @HenriArslanian; AIMA. Traders seeking institutional participation signals can use the AIMA figures cited here as a reference when assessing BTC and ETH market structure, liquidity conditions, and basis spreads. Source: @HenriArslanian; AIMA. He also highlights a recent mistrial in an Ethereum MEV bot case and directs readers to his newsletter for further details relevant to execution and MEV risk management on ETH. Source: @HenriArslanian.