Strike CEO Jack Mallers said on the What Bitcoin Did podcast that institutional participation in Bitcoin does not threaten the asset’s long-term viability or underlying principles. “If Wall Street getting into Bitcoin kills it, it was never going to be successful in the first place,” Mallers said. He argued that Bitcoin was designed as an open monetary system accessible to everyone, including institutions. Since US spot Bitcoin ETFs launched in January 2024, the 11 approved funds have collectively attracted more than $59 billion in net inflows, according to Farside data.
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