PANews reported on November 11, 2026, at 20:09 UTC+8, that Binance Research had published allocation figures for Capital Connect, its crypto fund discovery and allocation platform, as of October 31.
Neutral-strategy funds were less than half of the funds by count. They held 92.1% of the capital. Directional-strategy funds were 44.3% of the count and 6.7% of assets under management. The average allocation to a neutral strategy was about 11 times the average allocation to a directional strategy.
October is a separate line in the same report. Bitcoin fell 7.2%. Directional funds on the platform had an average return of 1.9%. The number of investors rebounded to 52. The report places those results side by side. It does not say the Bitcoin decline caused the fund return, and it does not describe liquidations, flows into those funds, or a cycle high or low.
Every allocator surveyed said verified exchange data helps due diligence. Eighty percent put asset security first.
Binance Research’s broader comment is a description of where institutional money has gone, not a forecast. It said institutional capital has entered crypto at scale, but mainly through passive products such as ETFs, and that the industry still lacks channels for discovering and evaluating active managers. The Capital Connect snapshot is the concrete split attached to that point: neutral strategies, under half the roster, held 92.1% of the capital, while directional strategies were 44.3% of the count and 6.7% of assets under management.
That is a stock of allocations as of October 31, plus one reported month. A positive average for directional funds in a month when Bitcoin fell 7.2%, and an investor count back at 52, is not evidence of a reversal, a top, or a bottom.
Source: PANews, November 11, 2026, 20:09 UTC+8
