Is this the Big entry of financial institutions into the crypto market??

Traditional Finance (TradFi) is coming Big to #Bitcoin & cryptos. Just in few days, we have:

• Fidelity, Charles Schwab and Citadel launching their Crypto Exchange.
• Deutsche Bank applying for a crypto custodian license in Germany.
• BlackRock filling for a Bitcoin ETF.
• WisdomTree & Invesco re-activating their files for a Bitcoin ETF.

Is this the Big entry of financial institutions into the crypto world? The market is responding well to the latest news.

(Coingecko Market June 21, 2023)