The narrative that tradfi loves yield is sorta true, but greatly exaggerated.
You know what tradfi actually loves? Solid risk-adjusted returns with low correlations to markets.
Bitcoin has the highest sharpe ratio of assets, meaning that though volatility (measured as std deviation in Sharpe) is high, you're compensated so well in returns over the risk free rate, the Sharpe is that good.
Plus, correlations between crypto and traditional markets are quite low.
When tradfi allocators are deciding whether to add an asset, they compare their sharpe ratio of the new asset multiplied by the correlation coefficient compared to their existing portfolio's sharpe ratio. If its accretive (increases sharpe weighted by the correlation), they buy hand over fist.
This is the unlock for tradfi. You have an incredibly sharpe ratio with low correlation. It's an asset allocator's dream and is definitely what brings forth adoption by entities such as pension funds.