Institutional clients are pushing NYDIG and Fidelity to offer more ETH services

Quick Take

  • Ether (ETH) demand among institutions is surging.
  • That’s pushing firms like NYDIG and Fidelity to expand their services for the crypto.
  • Sources say Fidelity’s clients are increasingly asking for ETH support, while NYDIG has already been offering custody for select clients.
Coinbase's second-quarter results showed ether (ETH) volumes surpassed bitcoin's for the first time. The backstory: institutional demand for Ethereum's native asset is growing.

Subscribe to The Block News+ to
Unlock this Feature

Choose Your Plan

Save $ vs. paying monthly


per year
Join Now


per month
Join Now


If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Trending Stories