Institutional interest in digital assets remains strong despite Bitcoin's recent price drop, according to Ron Biscardi, CEO of iConnections. The firm, which facilitates capital introduction conferences, observed a resurgence in interest from funds and allocators at its recent event. Over 75 digital asset funds participated, generating approximately 750 meetings, a level comparable to pre-FTX collapse interest in 2022. Biscardi noted that nearly a quarter of limited partners on the iConnections platform are now interested in digital asset strategies, with family offices leading the charge. Despite Bitcoin's 25% decline this year, institutional investors are increasingly viewing digital assets as a legitimate investment category. However, regulatory clarity remains a key concern for chief investment officers, who prioritize fiduciary responsibility. The shift in sentiment is also reflected in the increased sponsorship from crypto companies at the event, with firms like BitGo, Galaxy Digital, Ripple, and Blockstream taking prominent roles. This growing institutional engagement underscores the evolving perception of digital assets as a mainstream investment option.