Ethereum Classic is Appealing to Institutional Investors in Stock Market

Earlier today, Barry Silbert, the founder and CEO of bitcoin and blockchain-focused investment firm Digital Currency Group, revealed that 3.6 percent of Ethereum Classic’s supply are being handled by the Ethereum Classic Investment Trust.

As of current, only bitcoin and Ethereum Classic have provided infrastructure for institutional and large-scale investors. The majority of Ethereum’s $800 million daily trading volume derives from the Chinese and South Korean cryptocurrency exchange markets because it lacks infrastructure for institutional investors.

Some cryptocurrency exchanges that support Ethereum such as Coinbase’s GDAX announced that they are planning to focus on optimizing trading ecosystem for institutional investors in the near future. In upcoming months, Ethereum, Ethereum Classic and bitcoin will see drastic increase in liquidity as a result.

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