Ethereum Institutional Demand Reaches 2.8 Times Daily Issuance, Outpacing Bitcoin

Forecast Trend Report by Period

Institutional demand for Ethereum is running far above new daily issuance, outpacing Bitcoin, according to Jamie Coutts, chief crypto analyst at Real Vision.

In a post on X on Aug. 10, Coutts wrote that institutional demand for Ethereum is about 2.8 times its daily new issuance.

Institutional demand for Bitcoin, by contrast, is about 23% below daily issuance. Most recent institutional inflows have come through exchange-traded funds, while buying by companies that hold cryptocurrencies as treasury assets has been relatively subdued.

ETF flows are not, by themselves, a leading indicator for prices, Coutts wrote, but the demand channel is improving. On that measure, Ethereum is clearly outperforming Bitcoin.