People will have better access to bitcoin without needing to create a crypto exchange account(positive for price), but at the same time people will have better access to shorting bitcoin(negative for price). In the end, it pretty much means that it could make bitcoin more efficient price-wise; but it definitely doesn't mean that it'll stop being volatile — because it will very very likely still be.

Bitcoin in 2024 will be bullish and probably continue where it left last year.
For new investments, Bitcoin will be eligible because Gary Gensler just created a new market for Bitcoin. Bitcoin can now get bought directly from Wall Street.

Overally we have much many positive news for Bitcoin and bulls can have an extended run.

To be safe, we need to make sure as well:
Call a hunter when you see a bear!

You don't need institutional investors to understand that BTC is a legitimate network, it is open source and you can verify everything yourself. The BTC network doesn't need institutional investors, as a matter of fact what they bring to the network is sometimes against the principles of BTC; i.e. BTC etf's provides a way for people to buy BTC without owning their keys and that is not a recommended way to buy BTC, because not your keys, not your coins.

However, institutional investors can influence the price of BTC positively, they pump money into BTC and that can make the price to pump, but that does not mean that they are a must for the network to grow.

Btc remains more relevant and widely adopted than before. I don't think there has ever been a moment where the institutions are not part of btc.  Retailers alone are not the power behind the price manipulation, it has always been the institutions who pull the strings. With the recent Btc ETF approval, I guess more institutions are probably eager to jump in any moment.
In my opinion, I would say 2024 has a lot more to offer in terms of crypto in general and we are just getting stated.

I saw another post of the same type.  I don't know there is any need to create new post again and again for the same type of post.  It's not really necessary.
Similar post: https://bt.irlbtc.com/view/5480649.msg63452984#msg63452984

I think the cycle of Bitcoin will repeat itself in 2024 and 2025. Halving has always been an important event in the past and I think it will be this time too. The price of bitcoin go up +100% in 2023 and there should be a new ATH this year. Demand will then continue to rise and this will also attract new investors. They will have maximum FOMO and also buy also a lot of altcoins again. Bitcoin is getting stronger from year to year, even if the price goes up and down so much. I think we will hear some big news this year or next year.

If there is anytime that I have feared bitcoin and other volatile market more, it should be this time around. Obviously no one believed that after the Bitcoin ETF approval and they arrival of the institutional traders into the cryptocurrency, that the price of Bitcoin will rather deep instead of bull. If anyone or any prophet told me that it will happen this, I would not just believe. But now it has happened, I am very well convinced that nothing is assured in the cryptocurrency market. I am confidently telling you that even the upcoming bull run might fail and nothing will happen. Just follow the archaic  but standard rule for investment in volatile assets, invest what you can afford to lose and have peace of mind. If you neglect this very rule, you might end up having a heart attack and you can possibly lose all your assets.

I am wiser now and I can say the wiser I become in the cryptocurrency industry the more fearful I become. This is the reason why I have always sticked with Bitcoin. I am no longer comfortable with any coin and I have never been comfortable with any other coin apart from Bitcoin. Just a little advice I took from a friend and bought solana, I am currently at 35% loss within few weeks and I have never been at rest till now. If this was bitcoin, I will be confident that someday this coin will reverse as we all know but currently I don't know my faith.

It may happen or it may not. All I can say is that only time will tell what will happen in the future. What I will do is take my chances on whatever chances I may have or should I say, take the opportunity if you are given one because that opportunity won't come again because it will be another opportunity in the future although it is the same since both are opportunities but different outcome or results In my opinion.