yes institutions investment are buying in like Grayscale which now owns 1% of all the circulation bitcoin.
https://www.newsbtc.com/2018/12/05/institutions-still-bullish-on-crypto-grayscale-owns-1-of-all-bitcoin/https://www.longhash.com/news/short-take-grayscale-continues-to-buy-btc-now-owns-over-1-of-circulating-supply