📈 Institutions now hold 11.8M+ ETH (~10% of supply) via treasuries & ETFs.
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VanEck CEO Jan van Eck predicts financial services will move stablecoin transactions onto Ethereum.
Analysts compare this ETH treasury boom to MicroStrategy’s impact on Bitcoin.
Vivek Raman says “healthy competition” between firms like BitMine, Bit Digital, SharpLink could trigger a DeFi Summer 2.0 – but on an institutional scale.
Ethereum’s narrative is shifting from retail & DeFi to institutional-grade infrastructure.
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VanEck calling Ethereum the backbone for stablecoin treasuries could be huge for institutional DeFi.
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If firms pile in like MicroStrategy did with BTC, a DeFi Summer 2.0 might really take off.