Institutions are looking at Ethereum

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A price spike incoming?
Institutional investors bought Bitcoin earlier this year are now starting to look at the second largest coin, Ethereum.
There are many different oppinions about the new money flowing in, but it seems like it has had a great impact on the price of Bitcoin.

Now it seems that the same kind of institutional investors have set their sights on Ethereum because they believe the opportunity has passed in Bitcoin, for now. They want to keep their shareholders happy and need to look for new projects.

Historically good return
It is in the crypto exchange Coinbase's annual report, which was released at the end of last week, that the institutional investors' newly awakened Ethereum interest is brought to attention.
In the report, the crypto exchange notes that a growing number of its institutional customers, have started buying Ethereum. This is because the cryptocurrency has historically yielded good returns.

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In addition to the high return, several of the customers appreciate the fact that Ethereum functions as a means of transaction on its own blockchain - on which, for example, the projects in the deficit sphere are based.

"The reason for owning Ethereum, which we often hear from our customers, is a combination of its development potential, as well as its status as a digital asset required to drive transactions in its network," Coinbase writes in the report.

Future of Ethereum
So if we are going to look at the implications of institutional investors coming in Ethereum we can just look what happen to Bitcoin. The current price-spike would probably happen either way, but it goes so much faster when big external capital flows in.
Ethereum offers another opportunity then Bitcoin does and has a bigger spectrum in it's universe. If Ethereum 2.0 will be finalized and working, the potential is huge here.

Always do your own research. Here can you read some ideas and thought why Ethereum could reach $2000 this coming year.
https://medium.com/datadriveninvestor/ethereum-price-prediction-is-eth-heading-to-2-000-fd3141ce4a8a

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