Deutsche Boerse to offer Ethereum custody services in April

Deutsche Boerse, Germany's largest stock exchange, will start offering custody services for Ethereum and Bitcoin to institutional clients in April. This marks a significant step for Ethereum in the European financial market, which has been cautious about cryptocurrencies. While this development may increase Ethereum's trading volume, it does not guarantee large purchases from investment banks. Ethereum's market cap remains at $234 billion, with recent trading volume down 29% from the previous day. Despite the positive news, Ethereum still faces challenges, particularly from competitors like Solana, which offers faster and cheaper transactions. There are no current plans to include Solana on Deutsche Boerse, but Ethereum's competitiveness remains a concern.