#机构投资者加密货币配置# The latest data shows that on-chain activity in Ethereum is exceptionally hot, with daily volume reaching a historical high of 1.74 million transactions. However, this level of activity has not yet fully reflected in the price of ETH. I believe this price lag phenomenon may stem from the market reevaluating the value of ETH.

It is worth noting that institutional investors' interest in ETH is growing. Currently, the cumulative value of ETH held by publicly listed companies has exceeded $7.5 billion, indicating that institutions are incorporating ETH into their asset allocation strategies. If the Ethereum staking ETF is approved, it could further unleash the upside potential of ETH, making it an income-generating asset that institutions can allocate.

In the long term, institutional accumulation of ETH will have a positive impact. When a company increases its holdings of ETH, the entire ecosystem will benefit. This virtuous cycle is expected to promote the joint development of ETH price and application scenarios. It is recommended to closely monitor institutional movements and the ETF approval process, as these factors may become key indicators of future ETH price trends.