This increased interest comes at an unexpected time with the crypto ecosystem’s current bear market.
Does it though? When futures went live and BTC got dumped right after it the thought comes to ones head that maybe the same people that shorted it all the way down were the ones that made it go too high so that fear would drive regular investors to sell at some point during the bear market as those same investors were opening the path of being able to enter this market in a more secure way and with much wider doors.
Fidelity conducted extensive research, interviewing a staggering 450 institutions, hedge funds, pensions, endowments as well as wealthy families with 22% of interviewees claiming that they’ve already invested in cryptocurrencies. Furthermore, those who already have invested claimed that they expect to double their stake in the crypto market within a half-decade window.
lol, institutional investors are so used to slow and steady growth they won't see it coming.