Institutions Corner 11% of ETH Supply as Exchange Balances Hit Record Lows

Ethereum has seen corporate treasuries and U.S. spot ETFs hold 10.72% of supply as exchange reserves have dropped to 10.5%. BlackRock has filed for a staking-enabled trust, while Ethereum has secured $12.5B in tokenized RWAs and settles $1.6T monthly stablecoins. NFT sales have fallen 87% since 2021

The post Institutions Corner 11% of ETH Supply as Exchange Balances Hit Record Lows appeared first on Cryptonews.