I think this is negative for bitcoin. I wonder what you guys think about this topic.
Why negative for Bitcoin? Many people are dreaming for this to finally happen to Bitcoin, that the money of institutional investors will come flowing in large amounts and that this will catapult Bitcoin's price at levels never been imagined before. This might be it.
But this will also somehow finally classify Bitcoin as an asset class more than anything else, but definitely not a currency. Wall Street people are probably just looking at Bitcoin as just another option for a portion of their wealth to be invested on.