It's a good improvement for Bitcoin as institutions join though  having a major goal of profit is quite sad. but as we all know everything that has an advantage also has a disadvantage, I can smell some disadvantage that has high effect on individuals through taxations from government to institutions and from institutions to individuals. As soon as government knows there interest in Bitcoin, as there can't control Bitcoin they will seize the opportunity to control the institutions as an indirect control to Bitcoin causing this institutions to tax individuals who use there products more.
it's vis-versa Bitcoin gets more increase, individuals get high taxations.