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Standard Chartered experts: Institutional buying power exceeds Bitcoin, and Ethereum is expected to break through $4000.
On July 29, Geoff Kendrick, Head of Digital Asset Research at Standard Chartered Bank, stated that as Crypto Assets treasury companies continue to buy Ether, Ether is expected to rise further. Crypto Assets treasury companies, which are publicly listed companies holding digital assets on their balance sheets, have begun to include Ether in their asset allocation, and even the institutional buying power for Ether has surpassed that of Bitcoin.
He stated that due to many jurisdictions still having restrictions on investments in crypto assets, investors are increasingly inclined to allocate through alternative channels such as listed companies. "If the inflow of funds can continue, Ethereum is expected to break through the key 4000 USD level (our current price prediction for the end of 2025)."