coldstorageNewbie
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#1Jan 16, 2017, 11:14 AM
Is it true that ETH is getting more institutional love than BTC? What would that mean for the future prices of these coins?
Is institutional adoption of ETH outpacing Bitcoin?
20 replies 296 views
It really depends on how you define 'institutional'. If you mean big money parking in assets, BTC is still the king. All those spot ETFs are pulling in cash like crazy. But if you’re talking about builders and projects, ETH is definitely where the action is.
Bitcoin is still the go-to for institutions, imo. ETH might attract some speculative interest, but it doesn’t compare to the solid reputation Bitcoin has built.
My buddy was saying the same thing about ETH having more institutional adoption. But honestly, I can't buy that. I mean, Bitcoin's supply is capped, while ETH's isn’t. How could ETH be more appealing?
AtomicBridgeMember
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#5Jan 18, 2017, 02:19 PM
Honestly, no institution is just gonna get into ETH without first getting Bitcoin. They know BTC is more reliable and profitable.
ETH has definitely seen some institutional interest, but not nearly on the level of BTC. It’s a solid second choice for big players, especially those who prefer a more centralized approach.
chris.viperMember
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#7Jan 20, 2017, 10:25 AM
What do you mean by adoption? If it’s about portfolio diversification, Bitcoin wins hands down. But if we’re talking about deploying products, ETH’s smart contracts have the edge.
SilentHodlerMember
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#8Jan 20, 2017, 02:12 PM
I read somewhere that ETH is supposedly more adopted than BTC. But like, how can that be true? Bitcoin is what everyone wants to hold as a national reserve, right?
For institutions, Bitcoin is the first choice. It’s a safe bet. Ethereum is more about utility, with its L2 solutions and all that. But I still think they prefer Bitcoin for reserves.
gas_bridgeMember
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#10Jan 20, 2017, 07:44 PM
Bitcoin has seen way more institutional interest post-ETF approval. ETH just hasn’t had that same inflow of capital.
I don't even see Bitcoin as having real 'adoption'. People just buy it to hold. Ethereum is where the action is happening, with actual use cases.
chris.viperMember
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#12Jan 25, 2017, 12:22 PM
That article just looked at total supply held. ETH’s market cap is way lower than BTC’s, so if you compare reserves, institutions likely hold more BTC.
Sure, Bitcoin’s supply is limited, but institutions also want yield and utility, which ETH provides. Bitcoin’s like the entry point into crypto, but ETH is catching up.
I think ETH’s institutional adoption is speeding up, especially with its staking model attracting funds looking for yield. But Bitcoin is still the go-to for security.
ETH is way cheaper than Bitcoin. Why would institutions dump big bucks into ETH over BTC? The price difference is insane.
nick_minerSenior Member
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#16Jan 28, 2017, 09:03 AM
Bitcoin still has a clear edge in institutional adoption due to its limited supply. This scarcity is a huge draw for institutions.
notyourkeysNewbie
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#17Jan 28, 2017, 10:47 PM
I haven't seen a shift yet. Institutions are still prioritizing BTC over ETH. Microstrategy and others usually only buy BTC.
If ETH was really capturing more institutional interest, it would already be ahead. Bitcoin's narrative is still king with trust.
Bitcoin’s rise in price recently is due to institutional investments. If there was more interest in ETH, we’d see it surpassing BTC by now.
I think both have their own markets. Ethereum can compete, but it seems unlikely to surpass Bitcoin in terms of institutional adoption.