Ethereum is entering a new phase of institutional adoption. From treasury strategies to bullish price targets, it is getting serious attention from corporate and financial players.
As per a recent report from Standard Chartered, institutional treasuries now hold around 1% of ETH’s total circulating supply. But that’s just the beginning.
The bank believes that this could grow tenfold, with businesses eventually holding up to 10% of ETH’s total supply.
Ethereum Gains Edge Over Bitcoin
Corporate ETH buying and spot Ether ETF inflows are both on the rise. According to data from Sosovalue, the cumulative total net inflow for spot ether ETFs has reached $9.40 billion.
The rise in interest has likely played a big role in ETH outperforming Bitcoin…
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