Coinbase Institutional Co-CEO: Bitcoin’s “Second Wave” of Institutional Capital has Arrived
· regulatory · Sentiment: neutral
Bitcoin’s “second wave” of institutional capital has arrived, according to Coinbase Institutional Co-CEO. The firm reports accelerating demand from traditional asset managers, pension funds, and endowments allocating to Bitcoin through spot ETFs, custody, and prime services. This marks a shift from the earlier corporate treasury phase to broader, more diversified institutional participation. The key implication is sustained upward pressure on Bitcoin’s price and market maturity as capital inflows become more consistent and structurally embedded.