While cryptocurrencies have only recently entered the spotlight, they are already experiencing a transformative phase. Recent ETF launches mark the start of a new era driven by institutional involvement rather than individual speculation. This shift is supported by JPMorgan’s recent analysis highlighting a move from venture capital to established institutional liquidity. 2021’s bull market, fueled largely by VC investment, has been replaced by the current reality of institutional backing. This transition, coupled with the collapse of numerous VC firms and the bankruptcy of behemoths like Celsius, further emphasizes this shift towards institutional involvement.