Institutional adoption of crypto still looks early, but momentum is building, according to a Wednesday report from Wall Street bank JPMorgan. Bullish’s (BLSH) August IPO and the passage of the GENIUS Act have sharpened focus on the sector, with regulatory clarity removing one of the biggest hurdles for large investors, wrote analysts led by Kenneth Worthington. Bullish is the parent company of CoinDesk. Signs of engagement are emerging, the analysts continued. The Chicago Mercantile Exchange reported rec ...

In 2025, we haven't had much in the way of "narrative cycles" like we did in 2024.It's really just been institutional adoption of crypto, some RWA & tokenization mixed in, and just majors seeing the benefit of this...weird dynamic. ...

In 2022, we thought Ethereum would be the sole beneficiary of the institutional adoption of crypto.In 2023-2024, it was proven somewhat false. BlackRock, Securitize, and many others opted for a multichain deployment strategy.In 2025, its pretty clear that we have come full circle on this.Institutions value 100% uptime and censorship resistance like we thought they would, it just took Tom Lee and Joe Lubin shilling as hard as they could on national TV with DATco's buying billions of $ETH for the narrative to ...