The institutions are here! 

It’s long been seasonal fashion within the crypto industry to declare, with great aplomb, that the institutions — the investors, the banks, the family offices, the money — are coming. I remember when Barry Silbert declared this forthcoming arrival all the way back in 2013, when he and his team first debuted the Bitcoin Investment Trust. 

Wandering the sidelines of Blockworks’ Digital Asset Summit in London this week, what once seemed an ephemeral milestone appeared to be indisputably true: The institutions are here.

Maybe they’ve been here a while, or perhaps they’ve just entered through a side door. Bitcoin ETFs arguably deserve the bulk of…

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