I think that it is good that cryptocurrencies are starting to gain some recognition but with the case of the U.S, their word is usually the final.
Right now Zuckerberg is being put through the ringer with investors ready to pull out completely from Libra, which may aid heavily in cryptocurrency adoption.
I also think that the institutional investors like the idea of having Blockchain technology better than the idea of having a whole cryptocurrency built around one. The transparent public ledger is all the fuss these days, but the token attached to it is stigmatized.