A likely scenario, as long as the blockchain is not hackable. The biggest problem of institutional investors is conserving value, not so much growing.
The problem: there are not many assets in the market to create a diversified portfolio to mitigate downside risk.
That’s why Warren Buffett so rarely finds new companies these days.
Bitcoin is a potential asset for diversification, although Buffett hates its success.
The risk: hacking the blockchain and some jurisdictions deem it illegal.
With the latest SEC move allowing BTC ETFs it is unlikely that the US will revert their position.