Adam Back: Bitcoin will see larger-scale institutional allocation

Golden Finance reports that Bitcoin early developer and Blockstream CEO Adam Back recently stated that the progress of U.S. regulation (such as the approval of the Bitcoin Spot ETF) has provided a clear Compliance investment path for large institutional investors globally. He pointed out that the current institutional funds getting on board is "just the beginning," and as the infrastructure of TradFi (such as custody and derivation) improves, Bitcoin will see greater institutional allocation.