Coinbase Institutional projects significant maturation of the cryptocurrency market by 2026, driven by regulatory clarity and stablecoin growth. The report anticipates a reduction in Bitcoin's volatility to 35-40%, aligning it more closely with technology stocks. Regulatory developments, such as the U.S. GENIUS Act, are expected to enhance liquidity and market stability. The report also predicts that stablecoin adoption will reach $1.2 trillion by 2028, marking a shift in digital assets from speculative instruments to essential components of financial infrastructure. The introduction of spot Bitcoin ETFs is seen as a catalyst for this transformation, supporting the integration of digital assets into mainstream finance.