Institutional Investors Claim 3.2% of Ethereum’s Total Supply in Two Months
- Treasury companies and spot ETFs purchased massive volumes of ETH.
- Ethereum surged over 85% in less than two months.
- Institutional investors are significantly influencing the Ethereum market.
According to ETF expert Nate Geraci, a powerful trend has emerged in the Ethereum market over the past two months: massive accumulation by institutional players.
In a post on X, Geraci highlighted that two groups, companies adding ETH to their corporate treasuries and the new spot ETH ETFs, have each bought approximately 1.6% of the total ETH supply since the start of June. Combined, that means institutional players have acquired a staggering 3.2% of all Ethereum in circulation in just over two months.
Institutions Have Bought 3.2% of All ETH Since June
This institutional buying spree helps explain the flagship altcoin’s recent rally, which saw it climb over 85% in less than two months. The demand from spot ETH ETFs was p…
The post Institutional Investors Claim 3.2% of Ethereum’s Total Supply in Two Months appeared first on Coin Edition.
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Institutional Investors Claim 3.2% of Ethereum’s Total Supply in Two Months
- Treasury companies and spot ETFs purchased massive volumes of ETH.
- Ethereum surged over 85% in less than two months.
- Institutional investors are significantly influencing the Ethereum market.
According to ETF expert Nate Geraci, a powerful trend has emerged in the Ethereum market over the past two months: massive accumulation by institutional players.
In a post on X, Geraci highlighted that two groups, companies adding ETH to their corporate treasuries and the new spot ETH ETFs, have each bought approximately 1.6% of the total ETH supply since the start of June. Combined, that means institutional players have acquired a staggering 3.2% of all Ethereum in circulation in just over two months.
Institutions Have Bought 3.2% of All ETH Since June
This institutional buying spree helps explain the flagship altcoin’s recent rally, which saw it climb over 85% in less than two months. The demand from spot ETH ETFs was p…
The post Institutional Investors Claim 3.2% of Ethereum’s Total Supply in Two Months appeared first on Coin Edition.
Read More