Will Ethereum staking in ETFs propel ETH’s price to new heights? – BitRss

• Ethereum ETF’s institutional ownership jumped from 4.5% to 14.5% in Q4 of 2024
• Grayscale has sought the SEC’s nod for its ETH ($2,709.89) ETF staking feature

Institutional adoption of Ethereum ETFs increased in Q4 of 2024, unlike the bearish sentiment among the retail crowd. In fact, according to Juan Leon, senior investment strategist at Bitwise, institutional ownership of ETH ETFs jumped by about 10% from 4.8% to 14.5%. 

She noted, 

“Institutional ownership of ETH ETFs increased from 4.8% in Q3 to 14.5% in Q4. The institutions are coming for ETH.”

A massive adoption uptick

Here, another noteworthy trend is the relatively higher adoption rate o…