- Bitcoin recently surged past $118,000, driven by massive inflows into ETFs and a notable short squeeze MarketWatch.
- Small public firms are increasingly stocking up on Ethereum—now holding approximately 966,000 ETH (~$3.5B), drawn by staking yields of 3–4 %Reuters.
- A presidential executive order enabling 401(k) investments in crypto has further catalyzed institutional demand, boosting valuations across the board
Why it matters: These developments elevate Bitcoin and Ethereum from speculative play to legitimate portfolio assets, backed by institutional flows and regulatory support.