I wouldn’t agree that crypto is completely a “wild west”, because a lot of it is already regulated in many countries. First of all, I mean completely legal trading and tax policy, and the fact that cryptocurrencies are used as a completely legal means of payment.
I don't think you can expect people on the crypto forum to say that they value stocks more than crypto, not only because crypto has brought extremely high profits to many, but also because cryptocurrencies are something that can allow people not to be completely dependent on the existing financial system. Many therefore disapprove of the growing interference of banks and various other institutions in the crypto sphere because they feel that the noose around the idea of decentralization is tightening.
Institutional players are already there, at least the ones we know about publicly - but I personally think there are many more who have been investing in crypto under the radar for years. Their problem (if it can be called that at all), is that they traditionally trust stocks or gold more than Bitcoin, but this is quite understandable, especially with older investors who will hardly or not at all change their habits.