Institutional Ethereum Purchases Fall 81% to 370,000 ETH in November
Digital Asset Treasuries acquired 370,000 ETH in November 2025, an 81% decline from August's peak of 1.9 million ETH, according to Bitwise data. The contraction reflects weakening institutional demand driven by deteriorating market conditions and declining treasury company valuations. Certain firms continue expanding holdings despite the broader pullback.