Blockchain

Institutions and Big Banks Dominating Crypto Narratives, While Cypherpunk Ethos Retreats

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Traditional financial institutions are increasingly shaping the narratives in the crypto sector, and are poised to benefit the most from the current trends, according to Arthur Azizov, founder of B2 Ventures, a private “alliance” of crypto services and financial tech companies.

Azizov told Cointelegraph that this market cycle has been dominated by institutional investors, investment vehicles like exchange-traded funds (ETFs), governments, and stablecoin issuers.

The total cumulative flow of Bitcoin ETFs shows that billions of dollars in capital has…

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