What I like about the article is that it shows how not only retail investors are now investing in bitcoin but how institutions are also investing in bitcoin. With what we are seeing, more institutions are joining.
Some years ago, every institutional investor used to go all-in against bitcoin. They hated it.
Today, Blackrock and, consequently, many smaller institutions even advertise Bitcoin, explaining why every investor should include it as a portion of their portfolio.
The reason why investors (institutional or retail) don't hold bitcoin already is ignorance. For retail investors, it's acceptable. But for institutions, it's not acceptable not to have a solid opinion on why you should (or shouldn't) own bitcoin.
Yes correct, Bitcoin was ritually attacked by "the institutions" they possibly saw it as a threat
or something used by anarchists, scammers and criminals.
Over the last year at least that has changed probably starting with the approval of the spot
ETF's in the us, they alone because they were applied for by the top investment institutions
have given validity to Bitcoin as a viable option to add to any "portfolio"
Its still early days for a lot of institutions but they are slowly warming to it as a hedge, time
will reveal more.