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❕NEWS Demirörs: There is an Unprecedented Level of Institutional Interest in Ethereum

aryan4

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Meltem Demirörs, chief strategy officer of investment firm CoinShares, announced that institutional investor interest in the second largest cryptocurrency, Ethereum (ETH), is at levels never seen before.
According to the Daily Hodl report, Demirörs added that investors are also investing in other cryptocurrencies to reduce the risks associated with the leading cryptocurrency Bitcoin (BTC).
Why do you think ETH started getting so much attention?
 

Josemendez

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Well , this is true because institutions have started considering the possibility of ethereum reaching as high as $10,000 and so they want to start investing on it now
 

Yewande

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With the prediction and possibility that Ethereum might reach $10,000 in value, I won't be surprise if institutions start to invest in the coin. They stand to make massive profit in it.
 

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Those institutions have foreseen its future, and believe the coin will reach such highs. And decided to flood the coin to reduce the risk involve around Bitcoin. Ethereum have proved stable for some time now, it hardly go down, it moves gradually up.
Yeah .if only ethereum can be able to tackle the gas fee issue , I believe people will key in fully into it . however ethereum will continue to rise despite gas fee
 

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I guess ethereum gets the spillover from bitcoin because it is a bit more affordable compared to bitcoin. Something about the gas fees would go a long way to help launch the coin higher.
 
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