Are Institutions really favoring Ethereum over Bitcoin right now
Requisite institutional interest in major assets such as Bitcoin and Ethereum is nothing new anymore. Since the latter stages of 2020, accredited investors became more and more evident with digital assets, as institutions started to diversify their portfolios. However, since the drop in May 2021, these investors have kept a low profile, without making any splash in the water.
Now, recently JP Morgan came out with a report, suggesting that institutions are currently keener with Ethereum than Bitcoin. While the narrative isn’t completely precocious, a deeper analysis may allow understanding if investors are actually displaying interest in Ethereum.
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