Nate Geraci, president of The ETF Store, wrote on the X platform that this year, ETFs (exchange traded funds) and treasury companies have purchased $19 billion worth of Ethereum. ETFs bought $7 billion and companies bought $12 billion.
"As banks, fintech companies and businesses start to embrace stablecoins, many of which will be settled on open-source blockchains like Ethereum, Bitcoin's dominance has started to decline significantly."
The ETF Store President: ETFs and Treasury Companies Have Purchased $19 billion Worth of ETH This Year
2025-08-09 01:47:48
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