Definition ∞ Institutional product structure refers to the specialized financial instruments and services designed to meet the compliance, risk management, and operational requirements of institutional investors in digital asset markets. These structures often involve regulated custodians, clear legal frameworks, and established reporting standards. Examples include spot Bitcoin ETFs, regulated crypto funds, and bespoke derivatives offerings. They aim to bridge traditional finance with the digital asset space.
Context ∞ The discussion surrounding institutional product structure is central to the mainstream adoption of digital assets by large financial entities. A key debate involves the regulatory clarity and infrastructure necessary to support these products at scale. Watching for new product approvals, regulatory guidance, and capital inflows into these structures provides immediate context for understanding the maturing institutional landscape of crypto.