Institutional interest in Bitcoin is surging, driving sustained price growth despite recent market fluctuations. Coinbase executive John D’Agostino believes Bitcoin is transitioning from a speculative tech asset to a digital commodity like gold. This shift is evidenced by the influx of over $5.5 billion into Bitcoin ETFs recently, surpassing direct Bitcoin purchases, as financial advisors remain cautious but are expected to actively recommend these regulated vehicles in the coming weeks. D’Agostino’s analysis suggests this could usher in an increased adoption wave. Despite his optimism for Bitcoin, D’Agostino expressed caution about the broader crypto landscape, characterizing most tokens outside the top 20 as speculative and comparable to early-stage startups. He advocated for clearer regulations to ensure fairness across all players while demanding a level playing field for both institutional investors and retail traders.