Cryptocurrency • Custody & Sovereign Wealth • Beginner Level

Ethereum (ETH)

Definition: The leading programmable blockchain supporting Turing-complete smart contracts and decentralized finance.

Comprehensive Institutional Breakdown

Ethereum functions as the decentralized execution layer for financial applications, non-fungible tokens, and Layer-2 rollups, secured by proof-of-stake consensus.

Cross-Market & Execution Note
Acts as high-beta liquidity relative to Bitcoin; rallies harder in risk-on cycles and drops steeper in contractions.