Bitcoin’s surge past $100,000 has reignited conversations about its role in modern finance—this time, with a growing institutional twist.
As inflows into crypto investment products swell and ETFs dominate attention, a shift in how Bitcoin is viewed may be underway.
Coinbase executive John D’Agostino sees this moment as pivotal. Speaking recently on CNBC, he argued that Bitcoin no longer fits in the same category as tech stocks. Instead, he likened it to a digital commodity, closer to gold than growth equities—valued for its scarcity, not just its price volatility.
According to D’Agostino, more than $5.5 billion has flowed into spot Bitcoin ETFs in recent weeks, a figure made more impressive by the fact that financial advisors aren’t yet recommending them. These funds, often custodied by Coinbase, are outpacing direct Bitcoin buys, signaling that institutions may prefer regulated vehicles over self-custody.
What happens when advisors begin actively steering clients toward these ETFs? “That could open the floodgates,” D’Agostino suggested.
While bullish on Bitcoin, D’Agostino was more cautious about the wider crypto landscape. He described most tokens outside the top 20 as speculative and comparable to early-stage startups—capable of high returns but mostly destined to fail.
On regulation, he called for tighter, clearer frameworks that ensure fair play across the board. He didn’t shy away from the topic of insider trading in Congress either, insisting that lawmakers and retail traders alike should be held to the same ethical standards.
The narrative around Bitcoin is evolving fast. With institutional money flowing in and traditional investors warming up, the next chapter may look less like Silicon Valley hype—and more like Wall Street maturity.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/bitcoins-institutional-boom-continues-as-price-holds-above-100k/