Institutional investors are rapidly gobbling up Bitcoin, and currently, nearly 3% of the Bitcoin (BTC) in circulation are locked up in long-term holdings by these investors.
You need to understand that mainstream does not mean that a few institutional investors are holding 3% of
BTCitcoin in circulation. In my view main stream should mean when majority of people enters the market and not just when a few institutional investors hold majority of the coins.
The rally is based on these institutional investments in the past one year and some of the multi national companies are trying to incorporate
BTCitcoin in their business.