But is all this just lip service ? Can institutional traders , investors and providers realistically get involved or is the risk still just too high ? And if they don ’ t , how long can they leave it before it ’ s too late ? We are seeing prime brokerages set up , banks launch crypto platforms , and an exodus of talent from the conventional to the crypto space – but every time the market sees a correction , all of this screeches to a halt .
Are digital assets just too volatile and – if so – what will it take to precipitate real institutional involvement ?
Laurie : It ’ s fair to say that things have been pretty turbulent recently . Where are we now ? Jenna : This year has been very different . In 2021 we were in a bull market , your mum and dad were ringing you asking you how to buy Bitcoin , and then 2022 came along and suddenly there wasn ' t much price action - the market was flat , the volumes were down , everyone was a bit subdued . And then we started this rollercoaster ride of one-off events – We ’ ve had pockets of extreme volatility and then we ' ve had lengthy periods of not much happening .
Crazy days of volumes are fantastic because it ' s always nice to have good days but the reality
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