Grayscale Investments CEO Peter Mintzberg said the crypto winter is nearing its end, arguing that the market should pay more attention to the long-term rise in institutional and corporate adoption than to short-term price swings. Writing in Fortune, Mintzberg pointed to Bitcoin’s recent performance as one sign of renewed momentum. He said BTC gained about 20% over the past week and posted its strongest three-day advance since 2023. He also cited an EY survey showing that 73% of institutional investors plan to increase their allocations to digital assets. The remarks were reported by Techub News, citing CoinPost. The comments center on adoption trends rather than making a short-term market call, with Mintzberg framing institutional participation and corporate uptake as the more important signals for the sector.
Grayscale Investments CEO Peter Mintzberg said the crypto winter is nearing its end and argued that the market should focus on the longer-term acceleration in institutional and corporate adoption rather than short-term price volatility.
Writing in Fortune, Mintzberg said Bitcoin rose about 20% over the past week and logged its strongest three-day gain since 2023.
He also cited an EY survey showing that 73% of institutional investors plan to expand their digital asset allocations.
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