Institutions Corner 11% of ETH Supply as Exchange Balances Hit Record Lows
Ethereum sees a significant shift in its token distribution as institutions hold 10.72% of the supply, while exchange balances hit record lows. BlackRock’s filing for a staking-enabled trust and Ethereum’s $12.5B in tokenized RWAs highlight growing institutional interest. However, NFT sales have declined by 87% since 2021.