Advisors Find a New Way to Offer Clients Exposure to Bitcoin and Ethereum

Wirehouse advisors are using treasury stocks to give clients exposure to Bitcoin and Ethereum without requiring them to hold private keys or new wallets. Companies like Strategy (MSTR) and Bitmine Immersion Technologies (BMNR) hold or mine crypto directly, allowing clients to own a slice of the digital asset. This setup is considered safer and less confusing for taxes than holding coins in a self-custodied wallet.

Institutional investors are increasingly turning to Ethereum as a strategic asset, with BitMine Immersion Technologies (BMNR) emerging as a leader in this trend. As of July 2, 2025, BitMine holds over $2 billion in Ethereum, making it the largest corporate holder of the cryptocurrency [3].

BitMine's pivot from Bitcoin mining to Ethereum staking has been driven by the belief in Ethereum's long-term potential. The company's CEO, Jonathan Bates, has stated that Ethereum's utility as a facilitator of smart contracts, stablecoin payments, and decentralized finance transactions makes it an attractive investment [2]. This strategic shift has been supported by significant investments from high-profile figures like Cathie Wood of Ark Investment Management and Peter Thiel [2].

BitMine's rapid accumulation of Ethereum, which has seen a 700% growth in holdings since a $250 million private placement [3], reflects a broader trend among institutional investors. Companies like Strategy (MSTR) and BitMine are using treasury stocks to provide clients with exposure to cryptocurrencies without the complexities of self-custody. This approach is seen as safer and more tax-efficient for clients [2].

The increasing demand for Ethereum from institutional investors may influence market dynamics. SharpLink and BitMine are rapidly expanding their Ethereum treasuries, which may reduce the available supply on exchanges and potentially drive up prices. As more firms adopt similar strategies, Ethereum's supply could tighten, potentially influencing its price momentum [1].

Ethereum's programmable nature, growing adoption, and staking yield model are seen as key factors in its long-term potential. With BitMine leading the charge, other institutional investors may follow suit, further cementing Ethereum's role in the financial system.

References:
[1] https://www.ainvest.com/news/ethereum-surges-0-629-bit-digital-sharplink-bitmine-boost-holdings-2507/
[2] https://www.aol.com/cathie-wood-just-loaded-high-172000168.html
[3] https://www.ainvest.com/news/ethereum-news-today-bitmine-largest-corporate-eth-holder-holdings-jump-700-2-billion-2507/