#MarketPullback #ETHCorporateReserves $ETH

$ETH 📰 Broader Context & Market Position

Ethereum remains #2 by market cap, behind Bitcoin. As of April 2025 ETH’s market cap was about $196 billion, compared to Binance Coin’s roughly $85 billion and Bitcoin’s $1.7 trillion .

Binance CEO Richard Teng (Binance’s other executive) welcomed the SEC’s approval of spot ETH ETFs in May 2024, calling it “a landmark milestone for the digital asset industry” and solid proof of Ethereum’s legitimacy .