Ethereum News Update: Major Institutions View Ethereum as a Key Asset, Outpacing ETF Investments
- 68 publicly traded firms now hold 12.7 million ETH, surpassing all Ethereum spot ETFs' 11.3 million holdings as of July 2024. - Firms like Coinbase and Gemini lead corporate accumulation, while banks like Fidelity expand crypto custody services for institutional clients. - Analysts cite regulatory clarity and improved risk frameworks as drivers, with 72% of institutional investors boosting crypto allocations in 2024. - Critics warn of market manipulation risks as corporate holdings now control 54% of ins
The influence of corporations over
Recent figures point to a significant uptick in Ethereum accumulation by corporations over the last year, with participants spanning industries from financial technology to online retail
Experts link this rapid growth to clearer regulations and enhanced risk management systems. "Businesses are now approaching crypto as they would any other investment category," explained Sarah Kellner, a digital asset strategist at
This trend has surpassed projections for Ethereum spot ETFs, which
Regulatory bodies are keeping a close watch on these developments. The U.S. Securities and Exchange Commission (SEC) has called for more detailed reporting from firms with substantial crypto assets, emphasizing oversight of governance and resilience measures. "Openness is essential for upholding the integrity of the market," SEC Chair Gary Gensler remarked in a recent address.
As corporate involvement in Ethereum continues to expand,
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Updates: As Investors Pull Out of Bitcoin ETFs, Altcoins See Increased Inflows During November Sell-Off
- U.S. bitcoin ETFs lost $1.22B in net outflows for the week ending Nov 21, extending a four-week negative streak with total November redemptions reaching $3.79B. - Bitcoin fell below $82,000 amid a 7-month low, triggering a $350B crypto market cap drop as Citi noted 3.4% price declines per $1B ETF outflow. - Solana and XRP ETFs bucked the trend with $300M and $410M inflows, attracting institutional interest despite broader market weakness. - Analysts warn of potential 50% further Bitcoin declines, while F
Bitcoin Updates: Bitcoin's Sharp Drop and ETF Outflows Trigger a Cycle of Self-Perpetuating Sell-Off in Crypto
- Bitcoin fell to a seven-month low amid $3.79B ETF outflows in November, with BlackRock's IBIT and Fidelity's FBTC accounting for 91% of redemptions. - Analysts cite profit-taking, leveraged position unwinding, and Fed rate uncertainty as key drivers, while NYDIG highlights structural shifts like collapsing stablecoin supply and DAT premiums. - Citi Research links $1B in ETF outflows to a 3.4% Bitcoin price drop, pushing Bitcoin dominance to 58% as investors shift to riskier altcoins. - Despite bearish sh

Markets Predict Fed Pivot, Central Bank Remains Silent

BIS sounds the alarm: Stablecoins could trigger a bond crash
