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This isn't just a trade—it's an expansion of the entire market infrastructure.
Regulation is the unlock. When regulatory clarity arrives, institutional capital follows. It's not complicated: big money doesn't move without permission. They need certainty.
Once institutions deploy capital at scale, everything shifts. Liquidity deepens, market infrastructure matures, adoption accelerates. That's how crypto markets evolve from billions into trillions.
The permission comes first. The capital comes second. The scale comes third.