Vishal Shah is founder of Alpha5, a new bitcoin derivatives exchange backed by Polychain Capital.
Despite some championing, it is clear is still a risky asset on a peripheral investment frontier, and not a safe haven at all.
Bitcoin is simply not going to be a primary concern for capital swimming around in traditional markets. Remember, this is a time when assets like U.S. equities are enduring unprecedented volatility. There would need to be a return to frothy markets and the comeback of marginal greed to see more institutional players wandering inside the crypto gates.