Since Bitcoin and Ethereum gained widespread traction in the late 2010s, companies have been exploring ways to enter the growing digital asset market and venture into Web 3.0. As of June 2022, institutions hold 6-7% of Bitcoin's total supply alone. As inflation and the ongoing pandemic have opened the eyes of investors to the future of finance and the promise of digital assets, institutional investment into Web 3.0 projects and cryptocurrencies such as Ethereum will only grow.