Ethereum is now at a turning point: Bernstein analysis

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Analysts at Bernstein, which manages assets worth over $750 billion, stated that they expect Ethereum to start breaking its chains as well. The company’s latest report indicated that Bitcoin has seen significant interest from institutional investors over the past two years and that Ethereum is now at a turning point on this path.

According to the company's analysis, Ethereum is beginning to move away from being a speculative asset and is becoming the fundamental infrastructure for real financial innovations on open blockchains.

"Bitcoin is great but..."

Company analysts stated in their relevant reports that Bitcoin is also a "great cryptocurrency", but that Ethereum will start to see interest that it has not seen in a long time.

"Bitcoin is great and we love it. We stand behind our price prediction of 200k dollars for the end of the year. However, interest will begin to shift not only to Bitcoin, which is a store of value, but also to Ethereum, which encompasses the financial innovations offered by blockchain technology."

The company's chief analyst, Gautam Chhugani, pointed to its nature as a "decentralized computer" as the reason for Ethereum's appeal:

"Investors always say this: 'Crypto is useless, but blockchain is valuable.' However, these two are the same thing. If you believe in stable coin innovations, then the Ethereum network that facilitates these transactions is also valuable. Companies pay transaction fees to Ethereum; both utility and value are created."

"Evolving into Infrastructure"

In a report indicating that institutional investor interest is beginning to shift towards Ethereum, analysts noted that there has been an influx of 1 billion dollars into Ethereum ETFs in the last month. According to Bernstein, this situation is a sign that Ethereum is starting to evolve from a speculative cryptocurrency role into an infrastructure used in capital markets, payment systems, and fintech applications...

Published: June 9, 2025 16:16Last Updated: June 9, 2025 16:22

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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