Bitmine Immersion Technologies plans to increase its Ethereum staking position from 1.83 million ETH to 4.2 million ETH, highlighting the growing demand from institutional investors for on-chain yields. Meanwhile, JPMorgan has launched a tokenized money market fund on Ethereum, holding over $100 million in U.S. Treasuries, indicating that the Ethereum network has become a core infrastructure for major financial institutions.
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Bitmine Immersion Technologies plans to increase its Ethereum staking position from 1.83 million ETH to 4.2 million ETH, highlighting the growing demand from institutional investors for on-chain yields. Meanwhile, JPMorgan has launched a tokenized money market fund on Ethereum, holding over $100 million in U.S. Treasuries, indicating that the Ethereum network has become a core infrastructure for major financial institutions.