JPMorgan: Institutional Investors Are Piling Into Ethereum, Leaving Bitcoin

Zero Hedge

By Tyler Durden – September 23, 2021

It’s not the first time that a major bank has expressed preference for ethereum over bitcoin: back in May, when Goldman published its initiating coverage on the crypto sector (available for professional subs in the usual place), the bank was surprisingly dismissive toward bitcoin which it saw as an electricity-draining Proof-of-Work, one trick pony…

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