Summary
TLDR: The institutions have finally arrived in the crypto industry, thanks to factors like Bitcoin ETFs and the rise in bitcoin prices. The Digital Asset Summit in London highlighted this shift, with discussions focusing on institutional presence. The challenge now is to attract and retain institutional interest in crypto, beyond the initial hype. Despite the potential for growth, the industry remains volatile and institutions may face challenges in staying committed during tough times.
Key Points
1. The institutions have finally arrived in the crypto industry, with Bitcoin ETFs playing a significant role in attracting them.
2. The focus now shifts to the day-to-day work of attracting and retaining institutional investors in the crypto space, beyond flashy headlines and market hype.
3. Building infrastructure and creating a comfortable environment for institutions to navigate the volatile crypto market is crucial for their long-term involvement and success.