COINBASE STATE OF CRYPTO SUMMIT REVIEW

Summary from the TLDR Crypto newsletter

80% of BlackRock's Bitcoin ETF demand comes from self-directed investors. The company is excited about every asset's eventual tokenization. There are still institutions on the sidelines. This is the first real institutional cycle, with more hedge funds coming next. Bitcoin is the hardest asset for investors to understand. Crypto has a branding problem among institutions. Other panelists shared information on consumer crypto, regulation, and adoption.