Crypto Market Expected to Stay Narrative-Driven, Says Eric Peters
The latest episode of the Empire podcast features Jason Yanowitz interviewing Eric Peters from Coinbase Asset Management and One River. Key points from the discussion include:
- Peters does not believe in a forward-looking four-year cycle for crypto.
- He suggests that the next wave of investment will be narrative-driven, particularly among institutional investors.
- Increased interest in Ethereum and tokenization is noted, but fundamental analysis remains limited among traditional finance firms.
- While fundamentals are expected to gain importance as the industry matures, there is skepticism about a swift transition away from narrative influences.