tbh, I'm not 100% sold on this institutional investing coming in. I guess once you put all the tradfi mechanisms for market "control" into crypto, you get the same thing you have now with stocks or forex, only the name is different: "bitcoin", "ethereum", etc.
I'd rather see more sovereign, retail exposure, even if that means more volatility short term, than to see more institutional money coming in, because that's not actually validation of the crypto thesis.
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Agree with you on this. I mean that the SEC has a major influence on trust. If they continue to block it, the average stock investor is scared of crypto.
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