Ethereum Sees Institutional Interest Surge, Outperforming Bitcoin Amid Shift in Crypto Treasury Strategies

Key Points

1. Ethereum's value increased by 64.38% in the past 90 days, rising from $1,808 to $3,684, while Bitcoin's growth was only 10.72% during the same period.

2. Institutional interest, including significant treasury buys and investments in altcoins, has been the primary driver of Ethereum's recent surge.

3. The total ETH held by listed firms has surged nearly tenfold since late 2024, marking a shift from a Bitcoin-only treasury era.

4. BitMine’s Ethereum holdings reached $2.9 billion on August 4, highlighting Ethereum's growing prominence in institutional crypto portfolios.

5. Ethereum's recovery is partly attributed to the 'digital oil' narrative, emphasizing its role in powering the largest DeFi ecosystems.