BlackRock — 2026 Thematic Outlook: Ethereum as Tokenization Beneficiary

Wed, 21 Jan 2026 09:00:00 +0000

BlackRock’s 2026 Thematic Outlook, authored by Jay Jacobs (US Head of Equity ETFs at BlackRock), names tokenization as one of the year’s defining mega-forces — and singles out Ethereum as the network most likely to capture its growth.

The case rests on a stark distribution chart. According to BlackRock, Ethereum already accounts for 66% of all tokenized assets, dwarfing the next four chains combined: BNB Chain at 10%, Solana at 5%, Arbitrum and Stellar at 4% each, and Avalanche at 3%. That dominant share, Jacobs argues, positions Ethereum as the natural beneficiary as institutions move serious capital onto public chains.

Grayscale — 2026 Digital Asset Outlook: Dawn of the Institutional Era

Mon, 15 Dec 2025 09:00:00 +0000

Grayscale Research’s 2026 outlook frames the year ahead as the moment public blockchains finish crossing into mainstream financial infrastructure. The thesis rests on two structural drivers: macroeconomic demand for alternative stores of value as fiat credibility erodes, and accelerating regulatory clarity following the GENIUS Act and anticipated bipartisan market structure legislation.

The headline call is that the four-year crypto cycle is breaking down. Steady institutional inflows through exchange-traded products are replacing the historical boom-and-bust pattern with a steadier advance, and Bitcoin is expected to reach a new all-time high in the first half of 2026 — driven by sustained demand rather than cyclical speculation.

ETFs on Ethereum Market Research Center

BlackRock — 2026 Thematic Outlook: Ethereum as Tokenization Beneficiary

Grayscale — 2026 Digital Asset Outlook: Dawn of the Institutional Era