i think this statement is not true anymore as we've seen in the news that financial institutions are still buying bitcoin even when it was at $21k level like the
MicroStrategy who bought another $650M worth of
BTC which stated from the article that they bought it at average price of $21925. guess, there are still others out there silently buying their
BTC stash, even now that we are almost in the 25k mark.
and another thing, XRP is in chaos right now owed to the SEC lawsuit, a lot of companies are now starting to liquidate their XRP assets to other crypto assets like bitcoin, of course.
The reason for that is because of the fomo, it became more hype because people start their interest on it , many companies are now into bitcoin, they are staring to adopt it so even it is at ATH they will buy it, so if you buy bitcoin you can hold it as much as you want.
