Ethereum (ETH)$ETH has been receiving institutional attention for a while now, as much as Bitcoin (BTC). $BTC While many companies have announced their ETH purchases one after another, Sharplink Gaming, which is on its way to becoming Ethreum’s MicroStrategy, continues to maintain its position as the largest public ETH holder in the world and the second largest holder after the Ethereum Foundation.

While companies other than Sharplink Gaming continue to purchase ETH, the latest news came from Nasdaq-listed Blockchain company BTCS.

Accordingly, BTCS announced a plan to raise $100 million to purchase additional Ethereum.

Ethereum founder Vitalik Buterin also stated in a statement that institutions find ETH valuable and choose it not for speed, but for reliability, privacy and long-term trust.

Why Institutions Are Switching From Bitcoin to Ethereum? Here's What You Need to Know…

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