The debate is still on-going if large investments from institutional firms, would be good or bad for Bitcoin in the long run. Some are saying it will bring more volatility and others are just happy that the price will probably go to the Moon.
There are also conspiracy theories doing the rounds that these institutions will use their financial powers to destroy Bitcoin.
Some are even saying that the small fish will be eaten by the big sharks. Let's consider the impact of this and how this will change the Bitcoin scene.
Will Bitcoin go 100% commodity & store of value or will it still be used as a currency?
I think that institutional capital is good for bitcoin as it would add more credibility to bitcoin.It is also said that if institutional capital enters bitcoin market,it would also reduce the volatility of bitcoin price as such firms would not be reacting like newbies getting panic and selling bitcoins thereby destabilizing the market.