Recent data shows Grayscale and other major ETF providers have accumulated over $129.7 million worth of Ethereum in a short window. What does this tell us about institutional appetite for ETH right now?

When you see this kind of accumulation from serious players, it often reflects deeper confidence in the asset's near-term trajectory. Whether it's hedge funds rotating into blue-chip crypto or traditional finance dipping their toes deeper into the space—the pattern matters. Ethereum's positioning as the go-to smart contract platform keeps attracting institutional capital, even amid volatile market cycles. The real question: is this sustained positioning, or just profit-taking before the next pullback?