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

BlockBeats News, on October 4, VanEck published an article stating that Ethereum's Fusaka upgrade in December will make it easier for Layer 2 blockchains to scale by reducing the data burden on validators. This will make Layer 2 blockchains easier to scale. Against this backdrop, 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.