Are institutions starting to shift to $ETH ?

BitMine bought 60,999 coins of $ETH in a week, which is about 120 million dollars. Following MicroStrategy's accumulation of $BTC , another listed company has made a significant investment in crypto assets.

But this time, the choice is ETH, not BTC.

Why?

- ETH staking has yields, annualized 3-4%

- After the ETF approval, institutional allocation demand has increased

- Market capitalization is smaller than BTC, providing greater elasticity

Is this a signal for institutions to rotate from BTC to ETH? Or is it merely diversification?

If more listed companies learn from BitMine, institutional holdings of ETH will rise rapidly.

#机构积极投资比特币ETF #机构投资者从比特币转向以太坊 #加密货币

⚠️ For reference only, not investment advice.

ETH

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