Ethereum (ETH) is gaining serious traction among institutional investors, according to recent analysis from B2BINPAY. On June 10, Ethereum achieved a major milestone, reaching an all-time high of 34.65 million ETH staked representing nearly 29% of its total circulating supply. This development comes alongside a notable 8% price surge and consistent inflows into Ethereum-focused exchange-traded funds (ETFs), which have now seen 15 consecutive days of net inflows totaling $837 million.
The sharp rise in staking participation signals growing confidence in Ethereum’s long-term value proposition. Unlike Bitcoin, which only generates returns through price appreciation, Ethereum provides staking rewards, making it particularly appealing to institutions seeking yield without liquidating assets.
Institutions Rotating Capital
The narrative of capital rotation from Bitcoin to Ethereum is gaining strength. B2BINPAY analysts highlighted that BlackRock recently sold $130.4 million worth of Bitcoin on June 3. In contrast, institutional ETH purchases have exceeded $100 million this week alone, signaling a potential shift in portfolio allocations.
“This trend indicates that institutions may be preparing to diversify beyond Bitcoin, positioning Ethereum as the next logical step,” B2BINPAY analysts shared with crypto.news.
The increasing institutional interest is seen as a bullish signal not only for Ethereum but for the broader altcoin market as well. A sustained shift in capital allocation could propel ETH’s market dominance and catalyze rallies in correlated assets.
Bullish Outlook for ETH
Analysts suggest that Ethereum’s current momentum could translate into a sustained bull run. According to B2BINPAY, as long as ETH maintains support above the $2,320 level, the risk of a decline below $2,000 remains low. On the upside, a break above the $2,793 resistance could open the door to the $3,500–$4,000 price range a target viewed as increasingly probable under current market conditions.
The allure of staking rewards, combined with rising institutional demand and favorable technicals, paints a compelling picture for Ethereum’s future. With ETFs capturing more investor interest and on-chain metrics hitting new highs, Ethereum could be on the verge of its next major breakout.
As traditional investors seek diversification and passive income opportunities, Ethereum stands out as a strong contender for capital rotation potentially setting the stage for a new era in crypto market dynamics.
