Institutions Will Start Buying Ether in 2021, Messari Analyst Says
CME Group’s recent announcement that it will launch ether (ETH) futures on Feb. 8, 2021, is the “writing on the wall” that institutions will being buying the cryptocurrency next year, according to a pair of tweets by Ryan Watkins, an analyst at crypto data provider Messari.
- The price of the second largest cryptocurrency just topped $700 for the first time since May 2018, and at the time of writing is at $701.90, up 11.19% in the last 24 hours.
Subscribe to Blockchain Bites, our daily update with the latest stories.
By signing up, you will receive emails about CoinDesk products and you agree to our
and
Read more about…
Disclosure
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Related
https://www.coindesk.com/cmes-ether-futures-indicate-institutions-will-start-buying-eth-in-2021-messari-analyst-says
