John Liu, Head of Product Web3/Blockchain at Amazon.com Inc Web Services, talked the acceleration of the crypto industry, bolstered by increasing institutional demand, on Tuesday at Benzinga's Future of Digital Assets Conference in New York City. In 2021, the crypto industry surged in popularity as billions of dollars flooded the space. Although innovation accelerated, the industry was largely unconstrained by regulation, which created pockets of risk, Liu said. The underlying technology remains valid and institutions are taking notice, as evidenced by the recent surge in spot Bitcoin ETF filings, he said, adding that a Bitcoin ETF would act as a gateway to mainstream liquidity. "If you are a company that wants to get cryptocurrency exposure, you don't have to go and build specialized blockchain infrastructure, you don't have to wait and get specialized licenses ... it makes it a lot easier to come in, so I think that's the excitement behind it," Liu said. Read the rest of the st...