Ethereum (ETH) Takes Over 10% of Total Supply!

While institutional interest in altcoins continues to increase after Bitcoin Ethereum (ETH) is one of the most preferred ￰0￱ institutional ETH purchases continue institutions and companies' Ethereum holdings have surpassed 10% of the total ￰1￱ believe this is an indication that the institutionalization of the Ethereum market is progressing ￰2￱ to data from StrategicETHReserve Ethereum treasuries hold approximately 5.66 million ETH

while spot Ethereum ETFs hold approximately 6.81 million ￰3￱ institutional holdings according to the data have risen to 12.48 million ETH representing 10.31% of the Ethereum ￰4￱ surge in ETF inflows in recent months has coincided with a surge in companies modeled after the largest institutional bull

Strategy (formerly MicroStrategy) and public companies like BitMine and SharpLink adding large amounts of ETH to their balance ￰5￱ to StrategicETHReserve data the largest institutional Ethereum company is Bitmine headed by Tom Lee

with 2.83 million ETH in its possession worth $13.25 ￰6￱ Gaming comes in second place with 838.7 thousand ETH worth $3.93 billion and The Ether Machine comes in third with 496.7 thousand ETH worth $2.3 billion. *This is not investment ￰7￱ Reading: Ethereum (ETH) Takes Over 10% of Total Supply!