Maybe you are actually the first person to let me know that financial institutions and meme coins advocates have taken over Bitcoin, I don't know how this sounds to you but just want to let you know that Bitcoin volatility is not a joke, and it is very ridiculous to say that meme coins and financial institutions have taken over like I don't still understand what you trying to say but maybe you didn't get your information from a reliable source.
Bitcoin still remains peer to peer medium of transactions without interference from a third party just like the motives for which it was created even though we are also using it as an investment platform but yet the sole objective is not defeated as it still remains the top modern day digital currency that is trying to find it's way to become the most preferred monetary system all over the globe as it's adoption continues to grow despite the low percentage.
It is basically a way to say that ETF situation has taken over the bitcoin market because they are buying in thousands, and retail investors are not buying that much, which means that it is a way of controlling the bitcoin market by those ETF companies that spends billions every week on bitcoin.
On the altcoin part of the world, the hype around meme projects are so high that people are acting as if we are talking about something that is making them insane amount of profit and they are acting as if this is normal. I personally believe that the mindset of "companies and meme projects took over" is not really impossible, it does make sense and a lot of people can see that, not going to agree, but they do trade a lot more compared to back in the day.