Ethereum Gains Corporate Momentum as Firms Acquire 1% of Supply: What This Means for the Future of Crypto 🚀

Ethereum is seeing a surge of interest from major corporations, pointing to a shift in institutional strategy and the search for long-term crypto value. According to a new report by Standard Chartered, corporate treasury firms have accumulated 1% of Ethereum’s total supply since June—outpacing the rate of corporate Bitcoin acquisition over the same period.

This steady accumulation is more than just another trend. Market experts suggest that Ether is benefitting from unique market conditions, including the launch and strong performance of spot Ether ETFs. Unlike Bitcoin ETFs, these new products have incited a faster pace of buying and broader mainstream penetration, propelling Ethereum’s year-end price projections above $4,000, according to the bank’s research.