Ethereum: Institutional Adoption

Creates Bullish Impact

ETHZilla (formerly 180 Life Sciences) partnered with Electric Capital to manage an Ethereum treasury strategy, allocating 82,186 ETH ($349M) to generate yield. This follows SharpLink Gaming's $6B ETH reserve plan and Bit Digital's shift from BTC to ETH.

What this means: Large-scale corporate holdings reduce liquid supply and anchor long-term demand. Similar to MicroStrategy's Bitcoin strategy, this validates ETH as a treasury asset. ETH ETF inflows also surged, with $602M added on August 10 alone (CoinMarketCap).