Ethereum is experiencing a strong rally—up 45% over the past two weeks—driven by a wave of growing institutional interest, according to a new report from investment firm Bernstein.
Analysts at Bernstein point to rising ETH allocations from major asset managers like BlackRock, as well as purchases by banks and fintech companies that use Ethereum to pay network fees. This trend signals a broader shift toward Ethereum as a key piece of institutional crypto strategy.
A major boost came from recent U.S. legislation: the passing of the GENIUS Act, which officially recognizes stablecoins as legal tender. Bernstein highlights this as a turning point, noting that Ethereum’s dominance in the stablecoin ecosystem positions it to benefit significantly from this new regulatory clarity.
“With Ethereum at the core of the stablecoin infrastructure, the legal green light is likely to fuel further institutional adoption,” the report said.
Additional factors supporting Ethereum’s rise include the emergence of Ethereum-focused treasury firms, increasing inflows into spot ETH exchange-traded funds (ETFs), and growing demand for ETH staking yields.
Looking ahead, Bernstein believes Ethereum will remain a foundational asset in institutional portfolios—especially as tokenized finance and real-world asset (RWA) adoption continue to accelerate.
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