Ethereum: Institutional hoarding enthusiasm is high
The demand for institutional allocation in Ethereum has significantly increased, with spot ETFs being the main funding channel — recording a net inflow of over 1 billion USD for two consecutive months, with a single-day peak reaching hundreds of millions. According to statistics, 54 institutions holding over 100 ETH collectively hold more than 1.6 million ETH (worth over 5.07 billion USD), accounting for 35% of the total size of ETH ETFs; among them, SharpLink Gaming holds over 280,000 ETH, surpassing the Ethereum Foundation (242,500 ETH), becoming the largest ETH holder globally.
Institutions favor Ethereum, primarily due to its technical stability and upgrade potential: Founder Vitalik mentioned 'security without downtime + clear roadmap', and the foundation emphasized 'ten years of continuous operation + resistance to censorship', combined with proposals like EIP-7702 (enhanced wallet functionality) and EIP-7251 (relaxed staking limits), which resolved the technical bottlenecks for institutional entry.
Bitcoin: Underlying currents in the funding game
As the leader in cryptocurrency, Bitcoin is under short-term pressure (ETF has seen six consecutive days of net outflow, totaling 1.2 billion USD), but its allocation value remains: Institutions like BlackRock and Jane Street are taking advantage of price corrections to accumulate; moreover, Bitcoin's market depth and liquidity advantages make it an important option for institutional asset allocation.
Hunting with billions: What is the market impact?
Price aspect: Driven by funds, ETH reached a historical high of 4888.48 USD on August 23, and as of August 24 at 11:00, it was quoted at 4770.35 USD (up 1.5% in 24 hours, up 7.6% in 7 days); BTC, despite volatility, remains in a high range, with market activity simultaneously increasing.
Pattern shift: Institutional entry reshapes market ecology — transitioning from retail dominance to institutional dominance, as ETH pricing power gradually shifts towards Wall Street capital, changing the trading structure and development direction.
Linkage and regulation: Other cryptocurrencies are rising with market sentiment, while the institutional dominance trend has attracted regulatory attention, and future policies may be subject to adjustments.
As the market continues to change, we need to closely monitor market signals and seize new entry opportunities. Follow Sister C, and let’s navigate the bull market together to seize this major opportunity!
