ETH Institutional Adoption Privacy Gap
Wall Street has adopted crypto as an asset class but will not use Ethereum as commercial infrastructure until privacy gaps are solved
Too little corroboration in the last 3 days to call a trend (4 articles). Watching for it to gain traction.
Still mostly niche and specialist coverage — not yet picked up broadly by mainstream press.
"Asset managers such as BlackRock and Franklin Templeton have launched tokenised investment products on Ethereum. Payment companies including Visa and PayPal have experimented with Ethereum-based payments and stablecoins."
"Large asset managers continue to broaden their crypto offerings in response to growing investor demand. Since the debut of spot bitcoin ETFs in the U.S. in January 2024, firms have steadily expanded into other digital assets, with ether products now well established and solana emerging as the next area of competition."
"the approval comes as $10 trillion Morgan Stanley's brokerage firm E*TRADE completed the rollout of spot Bitcoin, Ethereum, and Solana trading. Clients can buy, sell, and hold crypto in a linked Zerohash account."
"The company's thesis is that Wall Street has embraced crypto 'as an asset class, but not yet as commercial infrastructure.' Banks and asset managers are already exploring stablecoins, tokenized assets, and on-chain settlement, but none will run real flows in full public view."