Macro· ★★★· neutral·

Institutions held crypto through a 50% crash, but governance and reputation still hold adoption back

  • Institutions maintained crypto positions through a 50% market drawdown
  • Governance and reputation remain the biggest barriers to adoption
  • The report targets pension funds and long-term allocators
Why it matters: Institutional resilience to drawdowns reduces the risk of cascading sell-offs, but slow progress on governance will keep large allocators cautious.
Source: Google News (crypto query)