VanEck: Institutional Accumulation of ETH Poses Asset Dilution Risk for Unstaked Holders

ChainCatcher reported that VanEck stated in an article that Ethereum's Fusaka upgrade in December will make it easier for Layer 2 blockchains to scale by reducing the data burden on validators.

In this context, Fusaka enhances Ethereum's appeal by lowering L2 costs and strengthening its central position in the scaling ecosystem, and it is expected that the ecosystem will attract more institutional adoption. In addition, VanEck analysts also warned that holders of unstaked ETH face dilution risks, as institutional participants—from ETFs to crypto treasury companies—continue to accumulate ETH positions and stake them for yield.