Ethereum Outpaces Bitcoin in Institutional Demand
Institutional demand for Ethereum is significantly outpacing its daily new issuance, according to Jamie Coutts, chief crypto analyst at Real Vision. He noted that this demand is about 2.8 times the amount of new Ethereum issued daily.
This contrasts with Bitcoin's institutional demand, which is running about 23% below its daily issuance.
Coutts also pointed out that ETF flows show Ethereum clearly outperforming Bitcoin in terms of institutional demand.