Bitcoin’s Institutional Boom Continues as Price Holds Above $100K

As inflows into crypto investment products swell and ETFs dominate attention, a shift in how Bitcoin is viewed may be underway.Coinbase executive John D’Agostino sees this moment as pivotal. Speaking recently on CNBC, he argued that Bitcoin no longer fits in the same category as tech stocks. Instead, he likened it to a digital commodity, closer to gold than growth equities—valued for its scarcity, not just its price volatility.According to D’Agostino, more than $5.5 billion has flowed into spot Bitcoin ETFs in recent weeks, a figure made more impressive by the fact that financial advisors aren’t yet recommending them. These funds, often custodied by Coinbase, are outpacing direct Bitcoin buys, signaling that institutions may prefer regulated vehicles over self-custody. .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: Crypto Market Cools as Bitcoin Retreats from Post-Tariff Highs What happens when advisors begin actively steering clients toward these ETFs? “That could open the floodgates,” D’Agostino suggested.While bullish on Bitcoin, D’Agostino was more cautious about the wider crypto landscape. He described most tokens outside the top 20 as speculative and comparable to early-stage startups—capable of high returns but mostly destined to fail.On regulation, he called for tighter, clearer frameworks that ensure fair play across the board. He didn’t shy away from the topic of insider trading in Congress either, insisting that lawmakers and retail traders alike should be held to the same ethical standards.The narrative around Bitcoin is evolving fast. With institutional money flowing in and traditional investors warming up, the next chapter may look less like Silicon Valley hype—and more like Wall Street maturity.The post Bitcoin’s Institutional Boom Continues as Price Holds Above $100K appeared first on Coindoo.