Feature Institutional Investors

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

by Frank Chaparro

August 11, 2021, 6:33PM EDT · 3 min read

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.

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