The approval of Bitcoin and Ethereum spot ETFs in the US represents a landmark event for the crypto space, signaling growing institutional interest.
Bitcoin ETFs saw strong inflows, setting new records, while Ethereum ETFs failed to meet expectations in terms of institutional adoption.
Bitcoin continues to dominate in institutional purchases, with major players like MicroStrategy leading the charge in Bitcoin holdings. However, Ethereum (ETH) purchases haven’t garnered as much attention, despite Ethereum’s importance in the market.
In a recent revelation, blockchain analytics firm Arkham identified Grayscale as the largest institutional holder of Ethereum. The US-based cryptocurrency asset manager currently holds about $6.62 billion in ETH, surpassing other institutions in terms of Ethereum exposure.
Meanwhile, for Bitcoin, a table shared by Nate Geraci of ETF Store highlighted the top companies holding over 1,000 BTC, with MicroStrategy topping the list, followed by Marathon Digital, Riot, Hut8, Tesla, and Coinbase.
Ethereum investment products are seeing a renewed wave of demand, with U.S.-listed spot ETFs pulling in over $100 million in a single day.
After peaking near $1.67 in mid-May, Pi Network’s price has been stuck in a sharp downward spiral, recently touching a critical support zone around $0.50.
Global crypto funds just logged a tenth straight week of fresh capital, pulling in another $1.24 billion even as prices slid and geopolitics turned tense.
Middle-East tensions pushed Bitcoin under $100k and drove Ethereum to its lowest levels since May, but the next potential volatility spark is already on the calendar: a cluster of token releases worth nearly $140 million will hit the market between 24–28 June.