Ether is Now the Largest Institutional Crypto Asset: Bybit Research
Summary
Institutions are heavily invested in ether (ETH) and bitcoin (BTC), with 80% of their portfolio allocated to these assets. Retail users show more interest in altcoins. Ether's price has surged 33% year-to-date, outperforming bitcoin, driven by factors like its deflationary supply and increased staking activity. Institutions have reduced their altcoin positions and are focusing on stable assets like layer-1 tokens and DeFi protocols. Despite Solana's strong performance, both institutions and retail users have shown little interest in holding the token.
