Investment Banks should let their fingers out of crypto! You think greedy big profit Banks are good for decentralization? I think not, because they want to take control and make profits that's all what they want... They are scared to loose control, that's why they want to be a part of crypto. I give a damn on Goldman Sachs, JPMorgan Chase...
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Oh I have no doubt they're getting involved because they see it as a threat. Unfortunately, as with many things, there's not much we can do about it...they'll do what they're gonna do.
Someone mentioned in a post I read recently that there was a huge amount of short interest in BTC right around when it was testing the critical support level near $6k and I would be willing to bet a decent amount of that was traders that work for JPM / other investment banks and their ilk.
They move / control much larger markets than crypto (think commodities like gold and oil) so they have enough firepower to move the price of any given crypto around as they please if that's what they truly want to do.