Not all the institutions are running away...

GBTC is trading with a 50% discount but that isn't scaring away Ark Invest and Cathie Wood.

They have been buying tens of millions of dollars worth of GBTC and Coin this week.

They are now roughly a 5% owner in COIN and own a good amount of GBTC.

Not all the instutions are running away from crypto, some are still running towards it!

(Source: https://twitter.com/BitcoinMagazine/status/1595024577800839169/photo/1)