Ethereum News Today: Corporate crypto holdings top $100B as ETH treasuries surge 39% to $4B

Corporate cryptocurrency treasury holdings have surpassed $100 billion, with Ether (ETH) buying accelerating, signaling growing institutional interest in digital assets. According to a Galaxy Research report, corporate firms such as Strategy, Metaplanet, and SharpLink have collectively accumulated $100 billion in digital assets, with Bitcoin (BTC) treasuries holding over 791,662 BTC valued at approximately $93 billion, or 3.98% of the circulating supply. Corporate Ethereum holdings stand at 1.3 million ETH, worth more than $4 billion, representing 1.09% of the total supply [1].

The demand for ETH is being further driven by the emergence of Ether-based exchange-traded funds (ETFs), which have recorded 19 consecutive days of net inflows as of recent data. Since July 3, these ETFs have added $5.3 billion worth of ETH to their holdings, according to Farside Investors [1]. This surge in institutional buying is reinforcing a broader trend of corporate adoption and integration of Ether into treasury strategies.

Standard Chartered analysts suggest that these factors could help Ether approach the $4,000 psychological price level, which also serves as the bank’s year-end price target. The report further notes that Ether treasury firms could eventually own up to 10% of the total ETH supply, representing a 10x increase from current holdings. This potential growth is attributed to a more favorable regulatory arbitrage environment compared to Bitcoin treasury strategies [1].

Enmanuel Cardozo, a market analyst at the Brickken asset tokenization platform, highlights that the adoption of Ether is outpacing Bitcoin’s early treasury phase. Unlike Bitcoin, where holdings are largely passive, corporations are actively staking Ether, leveraging its yield-generating capabilities, and incorporating it into broader treasury strategies [1]. This active utilization enhances the value proposition of holding Ether.

Despite these developments, Ether’s price remains 21% below its all-time high of $4,890, recorded in November 2021 [1]. While the long-term outlook is positive, Cardozo notes that recapturing the all-time high before the summer ends would require near-perfect conditions, including sustained inflows and a favorable macroeconomic environment. However, the ongoing corporate and ETF inflows are laying the foundation for a potential long-term revaluation of Ether.

Corporate ownership of Ethereum is increasingly viewed as an institutional shift in perception, with the top 10 corporate holders controlling 1% of the supply. This trend reflects a deeper institutional commitment to digital assets and could reshape the integration of cryptocurrencies into global treasury management strategies [1].

Source: [1] Cointelegraph – Crypto Treasury Firms 100B, Eth Treasuries 4B (https://cointelegraph.com/news/crypto-treasury-firms-100b-eth-treasuries-4b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)