Part 4/12:
The discussion turns to Grayscale, a pioneer in institutional crypto investing, and BlackRock, the world's largest asset manager. Interestingly, Grayscale’s trading volume remains low relative to BlackRock, with only about 16% of BlackRock's activity. This discrepancy highlights that while mainstream institutions are cautious, there is a clear trend of increased institutional interest. The speaker predicts that positive net flows into Bitcoin ETFs are likely this week, with traditional investors also resuming their stacking efforts.