While Bitcoin (BTC) has come to the attention of the world as digital gold, Ethereum (ETH) has also not lagged behind as the most prominent asset after surpassing $ 1,000 last week.
According to leading macro investor, Dan Tapiero, based on the high market capitalization ETH has actually managed to attract the attention of global institutional investors.
It is clear that in one episode of The Breakdown podcast with Nathaniel Whittermore, the amount of stimulus that has been included in the money supply has changed the financial landscape.
As the economic landscape continues to change, Ethereum is beginning to receive the attention of institutional investors.
"It is not impossible for institutional investors to start observing Ethereum even though there are no rumors saying so. It is a shock that people do not even think about. ”
To reinforce his claim, the founder of DTAP Capital reminded that Northern Trust's plan to create protection for crypto assets is also one of the factors that ETH attracts the attention of large investors.
“Northern Trust has $ 1.3 trillion in asset protection under management. And if they protect Bitcoin and Ethereum, it means they already have a number of clients who are interested in buying both assets. ”
Earlier, a business unit developed by Standard Chartered Bank, SC Ventures together with financial and investment services, Northern Trust had agreed to launch an institutional protection solution for cryptocurrencies, Zodia Custody.
