ETH institutional demand hits 2.8x daily new supply, analyst says

ETH institutional demand hits 2.8x daily new supply, analyst says Institutional demand for ETH has reached about 2.8 times its daily new issuance, significantly outpacing supply, Jamie Coutts, a crypto market analyst at Real Vision, said. By contrast, institutional demand for BTC was about 23% below new issuance. Most institutional inflows are currently being driven by spot ETFs, while buying activity from digital asset treasury companies has remained relatively muted. Coutts added that ETF flows move with price rather than serving as a leading indicator for future price moves, while demand is improving and ETH is currently showing clearer strength than BTC.