Rope-a-Dope
Jun 22, 2023
• 8
Min Read
A Week of Table-Turning Developments
ETF Summer
Over the last five years, there have been numerous calls for traditional financial institutions to enter the crypto industry. Once total crypto market cap surpassed the $1 trillion mark for the first time, the industry’s investors, developers, and followers began to discuss how crypto had transformed into an investable asset class and projected a significant influx of institutional investors.
Until recently, several signs suggested that institutions were showing interest, and by some measures, one could argue that they had already beg...