Institutional Ethereum Holdings Surpass $10 Billion… Increased by $7.5 Billion in a Month

JOON HYOUNG LEE

Summary

It was reported that institutional investors’ holdings of Ethereum (ETH) surpassed $10.5 billion, exceeding $10 billion.
It was stated that institutional Ethereum holdings increased by $7.5 billion in the past month.
The decentralized structure and security track record of Ethereum are positively influencing its adoption as a strategic asset by institutions.

The amount of Ethereum (ETH) held by institutional investors has exceeded $10 billion (approximately ₩13.9 trillion).

On the 31st (local time), BeInCrypto reported, citing data from Strategic ETH Reserve, that the amount of Ethereum held by institutional investors reached $10.5 billion as of that day. Institutional Ethereum holdings rose dramatically over the past month from $3 billion at the end of June to $10.5 billion on the given date, an increase of nearly $7.5 billion.

*Ethereum (ETH) holdings trend among institutional investors. Photo credit = Strategic ETH Reserve*

It is expected that the number of institutions adopting Ethereum as a strategic asset will continue to grow. Silvina Moschini, Chief Strategy Officer (CSO) of Unicoin, told BeInCrypto, "What large institutions seek when entering the (crypto) market is fairness and proven completeness," adding, "Ethereum's decentralized structure, stable uptime, and strong security track record meet institutional demands."

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