Large financial institutions are getting involved in digital assets by making investments in custodial technology solutions using money, time, and effort.
Up until 2020, retail interest accounted for a major portion of the cryptocurrency market's activity.
Institutions didn't start taking part in this asset class seriously until about August 2020.
During the COVID-19 pandemic, the US Federal Reserve released trillions of dollars' worth of liquidity into the market.
Contrary to claims made by proponents of cryptocurrencies, the total market capitalization of the asset class is only about $1 trillion.
When compared to the $11 trillion gold market and the more than $100 trillion bond market, that amount is rather tiny.