[Data: Digital asset treasuries now hold a larger share of ETH's total supply than Bitcoin] According to a report by Jinse Finance, (citing Bitcoin.com News), digital asset treasuries now hold a larger share of ETH's total supply than Bitcoin. This is bad news for ETH: under the Proof-of-Stake mechanism, large holders can gain disproportionate control over the network. In contrast, Bitcoin's Proof-of-Work mechanism does not have this centralization risk.