This just means that we're slowly inching towards an environment that is more closely associated with institutional investors than the ones that we already have. The creation of new platforms under the belt of institutional investors dealing with cryptocurrencies is interesting, for just a few years ago they mentioned that this is a technology that will never amount to anything and look at them scrambling to get their hands on the said tech. Sadly though with this, bitcoin and blockchain will lose their identity once these platforms go fully-operational, and it's just a matter of time before the ethos of bitcoin goes erased.
You are jumping to conclusions here based on assumptions and rumors. Do you actually think that institutional investors will enter this market anytime soon? That will only happen if an ETF gets approved which will most likely not happen anytime soon.