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Ethereum Tops Bitcoin in Digital Asset Treasuries as Institutional Flows Tilt to ETH

Analysts link the rotation to spot ETF demand following the GENIUS Act’s stablecoin rules.

Overview

  • CryptoRank reports ETH accounts for 4.1% of its total supply held by Digital Asset Treasuries versus Bitcoin’s 3.6%, with Solana at 2.7%.
  • CryptoQuant finds fund holdings now total about 6.8 million ETH, up roughly 138% year over year, compared with 1.3 million BTC, up about 36%.
  • The analysis says institutions increasingly treat Ethereum as a core holding tied to staking yield and smart‑contract infrastructure.
  • BTC and ETH spot ETFs recorded two consecutive days of net inflows, signaling ongoing institutional participation despite market pullbacks.
  • ETH trades near $3,900 with a bearish MACD crossover and an RSI around 43, highlighting short‑term weakness alongside longer‑term accumulation trends.