The last two weeks have seen a surge in institutional adoption of cryptocurrencies, with major players like BlackRock, Nasdaq, Deutsche Bank, and Charles Schwab making significant moves. BlackRock, with its $10 trillion AUM, has submitted a proposal for a spot Bitcoin ETF, utilizing Coinbase as its custodian. This development, along with BlackRock's track record of ETF approvals, signals a major step towards mainstream adoption.
