Bitcoin Grows Up: Liquidity, Access, and the Institutional Path Forward

Bitcoin was born as a challenge to the traditional financial system, but as the asset has matured, its increasing financialization has become both inevitable and consequential. David Bailey and Khing Oei explore why the rise of ETFs, institutional capital, public-market vehicles, and increasingly sophisticated financial products is not a betrayal of Bitcoin’s original vision, but a natural path toward broader adoption. They’ll discuss how financialization can deepen liquidity, expand access, unlock new pools of capital, and ultimately strengthen Bitcoin’s position as a global asset.