Institutional interest drives a strong rebound in ETH prices, with Ethereum's performance far exceeding that of Bitcoin over the past three months.

After several months of stagnation, the price of Ethereum (ETH) has rebounded strongly, driven by a surge in interest from institutional investors, with a rise of over 64% in 90 days, significantly outperforming Bitcoin (BTC). Data shows that the scale of Ethereum reserve assets held by listed companies has increased nearly tenfold, marking an acceleration in corporate allocation of crypto assets beyond the "only Bitcoin" era. Ethereum, as "digital oil", has regained market attention as the core value narrative empowering the DeFi ecosystem.

Institutional funds shift, Ethereum outperforms Bitcoin After several months of poor performance, Ethereum (ETH) prices have started to significantly rebound due to institutional interest. Institutional investors are no longer limiting their focus to Bitcoin (BTC) when building cryptocurrency portfolios. Over the past 90 days, the price of Ethereum has surged from $1,808 to $3,684, an increase of 64.38%. In the same period, the price of Bitcoin has only risen from $94,748 to $115,375, an increase of 10.72%.

Corporate reserve assets surge, diversification becomes a trend Analyst Shawn Young pointed out to crypto.news that the surge in Ethereum is driven by increasing institutional interest. He emphasized the behavior of large companies purchasing Ethereum as a reserve asset, as well as investment trends in other altcoins. "Since the end of 2024, the total amount of Ethereum held by publicly traded companies has surged nearly tenfold. At the same time, VERB's foray into Toncoin and Sequans' growing Bitcoin reserves prove a broader trend: we are no longer in an era where Bitcoin is the sole reserve asset for enterprises," said Sean Yang. For example, on August 4th, the Ethereum reserve assets held by BitMine reached a value of 2.9 billion USD, making it the largest corporate holder of the asset. More importantly, the company implemented a very aggressive accumulation strategy, amassing such a large reserve asset in just five weeks. This indicates a broader trend: large financial institutions are beginning to diversify their cryptocurrency portfolios, no longer limited to Bitcoin. In this context, as the second largest cryptocurrency by market capitalization, Ethereum has become a necessary choice for institutional allocation.

"Digital Oil" Narrative Helps Ethereum Rise Out of the Low This round of rise occurred after Ethereum experienced a period of poor performance, which was largely attributed to market doubts about its token economics. For example, in 2024, the price increase of Ethereum was 53%, far below Bitcoin's 113% increase. It is noteworthy that the significant inflation (referring to the increase in ETH supply due to staking rewards and others) caused by the rise of Layer-2 networks led to a decline in on-chain mainnet transaction volume, putting pressure on ETH prices. However, the market narrative around Ethereum began to shift in June, with its positioning as "digital oil" increasingly being praised. Specifically, investors are becoming more interested in Ethereum's role as the driving force behind the largest Decentralized Finance (DeFi) ecosystem. Its value as underlying infrastructure and the ecological vitality reflected in on-chain data have once again become the focus of attention for cryptocurrency market investors.

【Conclusion】 The strong rebound in Ethereum's price and the significant growth of institutional reserve assets clearly demonstrate the evolution of the cryptocurrency market landscape. Corporate whales are actively embracing diversified cryptocurrency asset allocation strategies, and Ethereum, with its core position in the DeFi and Web3 ecosystems, is solidifying its value narrative as "digital oil," attracting institutional funds seeking returns beyond Bitcoin. The era of diversified cryptocurrency portfolio allocation has accelerated.