Ethereum dominates the tokenized ETF and fund space with a $327.3 million market cap gain over the past year, proving it remains the primary infrastructure for institutional real-world assets (RWAs). Solana follows with an $83.3 million increase, BNB Chain grew by $61.8 million, and Base added $7.1 million. This data from Token Terminal highlights exactly where institutional money is moving. Though it just launched this month, the Arbitrum-based Robinhood Chain already gained $1.7 million, while Arbitrum One dropped by $28.6 million.(Lark Davis)