‼️ Is ETH in the Spotlight? ‼️
It has been the favorite so far.
1. Institutional Surge: Companies are accumulating ETH
More than 1 million ETH is already in the hands of institutions, including public companies, DAOs, and foundations.
Companies like SharpLink Gaming and Bit Digital are abandoning Bitcoin to focus exclusively on Ethereum.
This suggests a growing confidence in ETH as a reserve asset and a driver of blockchain innovation.
📈 2. Ethereum ETFs are gaining ground
Exchange-traded funds (ETFs) based on Ethereum are attracting more investment than Bitcoin in some cases.
Approval is even being sought for a joint Bitcoin and Ethereum ETF on the New York Stock Exchange.
This could open the doors to greater institutional adoption and solidify ETH as a key financial asset.