Institutions Are Still ‘Wait-And-See’ With Ethereum

In terms of the volume increase in ETH this week, it was actually led by institutions, and thats a significant part of our exchange business, said Bitstamp USA CEO Bobby Zagotta on CoinDesk TVs First Mover program Friday. There was about 56% increase in volume from institutions versus, I think, [a] 35% increase in volume from retail users.