Their data shows bitcoin remains the top pick for traditional financial players entering crypto. Fidelity Digital Assets dropped a statement on January 28 saying institutional bitcoin interest hit record highs. That surge shows bitcoin’s becoming a real part of diversified portfolios, not just a speculative side bet. Coming from BlackRock’s CEO, that carries weight with institutional investors who were sitting on the sidelines. Pension funds and endowments that dipped their toes into crypto are now consolidating around bitcoin and ethereum exclusively.