Institutional money is coming for bitcoin, but Adam Back says it moves slower than you think
CoinDesk
Blockstream CEO Adam Back warns that institutional Bitcoin adoption through ETFs is a gradual process that will take time to fully materialize.Summary
Blockstream CEO Adam Back explains that while the introduction of spot Bitcoin ETFs is a significant development, institutional capital inflows will be slower than many market observers anticipate. Back notes that fund managers are still in the early stages of allocating assets into Bitcoin, suggesting a multi-year timeline rather than an immediate market transformation. He also highlights that the presence of major financial firms like BlackRock and Fidelity creates a powerful lobby that helps protect Bitcoin’s regulatory environment, effectively transcending political administrations.
(Source：CoinDesk)