So, Is This A Good News ?
My Opinion : "Institutions showing interest in the Bitcoin ecosystem is generally seen as good news, it brings legitimacy, stability, liquidity, and improved financial infrastructure to the market, however individual investors should still conduct thorough research and consider their own risk tolerance before making investment decisions ".
I agree, I see this as a good news as well. Let's not forget that the people behind these big (huge) funds have a lot of connections and power, maybe you don't like them (and I totally agree) but for sure it's better they are in favor of the cryptos instead of against. Probably they don't even care that much because they want to sell their product, so it doesn't really matter whether it's bitcoin or gold or sand, but again, it's good for us.