SEC just dropped new rules letting investment firms custody crypto for clients. This is the institutional plumbing getting built in real time.

We've been here before — every cycle, the rails get stronger. First it was futures, then spot ETFs, now proper custody frameworks. Each piece makes it harder for the next bear to kill momentum.

Adoption doesn't show up in price tomorrow. It shows up three years later when trillions flow through channels that didn't exist before. Stay patient, stay long. The structure is being laid.