Institutions Scoop Up 3.2% of All $ETH in Just 2 Months š
Since early June, institutional investors have gone on an ETH shopping spreeāgrabbing around 3.2% of the total circulating supply.
š¹ 1.6% via corporate treasuries
š¹ 1.6% via spot ETH ETFs
This surge in demand comes as Ethereum has rallied over 85% in less than two months, showing the growing influence of big players in the ETH market.
š” Why it matters:
Large institutional buys can tighten supply and push prices higher š
Spot ETFs and treasury allocations add legitimacy to ETH as a reserve asset
Raises questions about decentralization if these entities hold too much power
Do you think this institutional wave will keep pushing ETH upāor could it backfire if they sell? š¤
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