Institutional FOMO Fuels Crypto’s May Surge as Bitcoin Goes Mainstream
Wall Street’s latest love affair with Bitcoin isn’t just retail speculation anymore—it’s hedge funds, sovereign wealth funds, and even regulators jumping onboard. Ikigai’s Travis Kling calls it ’the most institutional bull run we’ve ever seen.’
Forget the ’crypto winter’ memes—May’s price action showed what happens when pension funds start chasing the same volatility they once warned clients about. The irony? Half these institutions still can’t explain how proof-of-work functions.
Meanwhile, politicians who spent years demonizing crypto now rush to claim credit for ’blockchain innovation.’ Nothing accelerates adoption like seeing your competitor’s balance sheet moon.