Institutional Money Floods Crypto as Binance Reports Surge—SEC Rules, Circle IPO, and JPMorgan Pivot Fuel the Fire
Wall Street's old guard finally stopped pretending—the dam broke. Binance data shows institutional crypto allocations spiking 300% QoQ, and the usual suspects are scrambling for cover.
The SEC's 'regulation by enforcement' backfires—again
After years of lawsuits, the SEC's grudging clarity on custody rules let asset managers check compliance boxes. Funny how threats work better than guidance.
Circle's IPO: Stablecoins get a hall pass
BlackRock didn't buy $50M in Circle shares out of charity—they want a seat at the table when every Treasury bond gets tokenized. The IPO prospectus might as well say 'get in early' in 72pt font.
JPMorgan's blockchain pivot: Too little, too late?
Jamie Dimon spent a decade trashing Bitcoin—now JPM's Onyx division is running Ripple payments. Nothing screams 'existential crisis' like bankers adopting the tech they mocked.
The takeaway? When suits start buying, retail gets the crumbs. Welcome to crypto's institutional capture phase—where the profits are privatized, and the risks get socialized.
