POSITIVE PERCEPTION OF BITCOIN

Institutional investors seem to have a positive perception of Bitcoin compared to Altcoins last year and it might be due to the runway retail speculation we saw with meme coins like Dogecoin and several meme coins. There were scams and rug pulls everywhere in 2021, and that discouraged institutional investors. The perceptions of Bitcoin and Altcoin are still the same this year same become positive and this suggestion has two things.

---

First, institutional investors are starting to get interested in altcoin and they are starting to see crypto as an asset class. We are starting to see it with the recent portrait of Fidelity and Blackrock which is the work's largest asset manager. Fidelity recently their doors to Eth as per of the investment and they also allow the client to begin investing in BTC back in April this year. Black Rock open its door to Bitcoin with the help of Coinbase and I will not be surprised if they start allowing Ethereum as well.

---

Although they could be bullish, and also a little bit concerned because Blackrock could buy up large ETH and take control of Ethereum through staking. Endowment and Foundation possibly preferred to keep the fund in cash while pension has strict restrictions on the kind of assets they could buy. As for the negative perception of crypto by the foundations and Endowment, most of them are old people and extremely conservative.

---

Institutional investors are interested in crypto because of the upside potential, technology, decentralization, and freedom from government intervention. I think institutional investors with lots of capital know the fiat currencies are losing value and any asset they have stored with a third party doesn't belong to them. On the other hand, most cryptocurrencies have a fixed supply that can not be changed. With cryptocurrency, you have full control over your crypto and can decide how and when to spend it.