Ethereum Institutional, dedicated to fostering the use of Ethereum among institutional investors, has wrapped up its initial funding round, attracting over 100 investors. Among the participants are prominent firms such as BitMine, SharpLink, 21Shares, Circle, Galaxy, and Bitwise, as well as Ethereum co-founders Joseph Lubin and Mihai Alisie. While the total amount raised remains undisclosed, the funds will primarily support initiatives to strengthen partnerships with banks, asset managers, custodians, and sovereign entities seeking to expand their services within the Ethereum ecosystem.