A few years ago crypto often had large jumps from deals like these, not so much because of the immediate affect but more because it implied much larger growth was on the horizon. That seemed reasonable at the time, and the reverse seems reasonable now.
If large financial institutions don't want to touch crypto, that severly limits the foreseeable upside for the industry.
If large financial institutions don't want to touch crypto, that severly limits the foreseeable upside for the industry.