Institutional investors are turning to Ethereum over Bitcoin due to its lower volatility, according to Bloomberg, as Ethereum’s 30-day volatility index now trails more than Bitcoin volatility index.
Institutional investors were the major force behind the Bitcoin (BTC) rally in 2021, realizing its probability use cases in the future. Institutional investors such as JPMorgan, Ark Invest, MicroStrategy, Tesla, Inc., Andreessen Horowitz, and others became supporters of Bitcoin (BTC) and other digital currencies. Nonetheless, institutional investors are more willing to invest in Ethereum (ETH) than Bitcoin (BTC) (BTC).
Institutional Investors Prefer Investing in Ethereum (ETH) Than Bitcoin
The narrative regarding Ethereum (ETH) overtaking Bitcoin (BTC) persists to boost after Ethereum (ETH) Merge and Shanghai upgrade. Traders anticipate smaller swings in Ethereum (ETH) than Bitcoin (BTC) in the near term.
Ethereum’s 30-day volatility index now trails greater than Bitcoin (BTC) volatility index. Furthermore, the 180-day discovered or historical volatility of Ether relative to Bitcoin (BTC) has dropped immensely since 2020, according to Bloomberg.
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