In the last two months, the institutional landscape of cryptocurrencies on Wall Street has begun to show a notable change: Ethereum ($ETH) ETFs are gaining prominence and diminishing the historic dominance of Bitcoin ($BTC).
📉 Bitcoin's dominance is decreasing
Just two months ago, Bitcoin represented nearly 90% of the capital managed in crypto ETFs. Today, that figure has fallen to 82.18%, while Ethereum has risen to 12.72% of the total, nearly doubling its share in record time.
🚀 Why is Ethereum growing so much?
Institutional demand is far outpacing daily ETH issuance:
Today, 2,571 ETH were issued
The ETFs bought 17,549 ETH on the same day
This means that funds are acquiring more than 7 times the ETH that enters circulation daily, exerting upward pressure on the market.
🏦 Corporations and funds are joining in
Bitmine ($BMNR) acquired 58,224 ETH, raising its balance to 625,000 ETH.
The company plans to buy back $1 billion in shares, which will increase its exposure to Ethereum.
Standard Chartered projects that corporate treasuries could own up to 10% of the total ETH supply.
🔍 A new chapter for the crypto market
Although Bitcoin remains the undisputed leader in capitalization and relevance, the growing presence of Ethereum in ETFs and institutional portfolios marks a turning point. The increasing interest in its applications in decentralized finance (DeFi), smart contracts, and Web3 infrastructure is attracting fresh capital and diversifying institutional investment.
📌 Conclusion: If this trend continues, we could be witnessing the beginning of a new era where Bitcoin and Ethereum share the spotlight more equitably on Wall Street.
