B. Riley Sees Recovery Signs as BitMine Extends Ether Lead
Investment bank B. Riley notes corporate deployment of digital assets remained muted week‑over‑week as deleveraging carried on, but selling pressure has begun to ease. The firm links improved tone to growing optimism that a resolution to the U.S. government shutdown will lift risk appetite, which could reduce forced liquidations and stabilize treasury allocations.
Separately, BitMine has extended its lead in Ether holdings, underscoring ongoing institutional accumulation of ETH. That shift matters because stronger institutional demand and less near‑term selling can provide support for price discovery and make treasury strategies more viable for corporates and funds. For traders and platform users, the twin signals—easing selling pressure and larger institutional Ether positions—point to a cautiously constructive short‑term outlook for the market.