Bitwise: Institutions Treat Ethereum, Solana as Venture Bets, Will Sell If Adoption Stalls
- —Bitwise says institutions hold ETH and SOL as venture bets
- —Positions would be sold if network adoption stalls
- —Approach differs from bitcoin, which is treated as a reserve asset
Why it matters: The stance highlights fragile institutional demand for altcoins, raising the risk of sharp ETH and SOL selloffs if adoption slows.
Source: Google News (crypto query)