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Investors are now buying Ethereum (ETH) at a 750% premium; a smart investment or Robinhood-esque FOMO?

Ethereum demand is surging, if Grayscale’s data is considered. Despite an ongoing dip in prices as of June 12, demand for an institutionally-aimed ETH product has increased multifold, with investors paying a huge premium to an institutional cryptocurrency firm for Ether exposure. However, the surge does not necessarily mean Ethereum is facing groundbreaking institutional demand, […]

Investors are now buying Ethereum (ETH) at a 750% premium; a smart investment or Robinhood-esque FOMO?