According to Bitwise, investors are becoming desensitized to Wall Street's pronouncements on cryptocurrency. Bitwise's Matt Hougan suggests that repeated promises of institutional adoption have led investors to disregard these claims. The observation highlights a potential disconnect between traditional financial institutions' rhetoric and the actual sentiment or behavior of crypto investors. This could reflect skepticism towards institutional involvement or a preference for decentralized narratives within the crypto space.

According to Bitwise, investors are becoming desensitized to Wall Street's pronouncements on cryptocurrency. Bitwise's Matt Hougan suggests that repeated promises of institutional adoption have led investors to disregard these claims. The observation highlights a potential disconnect between traditional financial institutions' rhetoric and the actual sentiment or behavior of crypto investors. This could reflect skepticism towards institutional involvement or a preference for decentralized narratives within the crypto space.