What do you think about bitcoin ETFs approval? Do you think we would have billions of dollars flowing into the markets every month without the involvement of institutions like Blackrock? Do you think we, the retail investors, will have enough trillions of dollars to take bitcoin's market cap to $2 trillion? Or can Tesla or Microstrategy freely invest in bitcoin if the government doesn't allow them to do so?
Not stopping there, we are expecting bitcoin price to reach $1 million per bitcoin, I wonder how that can be achieved without government support?
Anyone including institutions can buy Bitcoin without asking government permissions.
In centralized exchanges there are two options when you want to create account, for personal or business. Without ETFs approval, as long as the current investors want to buy Bitcoin, it should be same.
Many companies invest in Bitcoin just because of the hype.