In this context, is the institution capable of controlling Bitcoin?

Fortunately, data indicates that there is currently no such trend. But it does suggest that their influence is increasingly growing, especially in terms of price behavior.

From the correlation chart between the S&P 500 Index and Bitcoin, the correlation between Bitcoin and traditional stock indices like the S&P 500 or Nasdaq has significantly strengthened.

As these large entities enter the market, BTC is increasingly viewed as a 'risk-on' asset, meaning its price tends to fluctuate with changes in traditional market investor sentiment. $BTC