Ethereum News Today: Ethereum Institutional Holdings Top 10 Million ETH as BitMine Surpasses 1.17 Million

Ethereum reserve holdings and cumulative ETF holdings have surpassed 10 million ETH, representing over 8.4% of the total supply. According to strategicethreserve.xyz, corporate treasuries hold 3.06% of the circulating supply, while spot ETFs account for 5.42%, totaling 10.26 million ETH [7]. This milestone highlights a significant increase in institutional demand and a shift in Ethereum’s ownership structure.

BitMine has emerged as a key player in this trend, becoming the first corporate entity to accumulate over 1 million ETH as part of its treasury strategy. In a single week, the firm added 317,126 ETH, valued at approximately $2 billion, and now holds over 1.17 million ETH [3]. BitMine’s chairman, Tom Lee, has outlined a plan to acquire 5% of Ethereum’s total supply, emphasizing an aggressive and rapid acquisition approach. This positions BitMine ahead of other firms like SharpLink, which holds 728,804 ETH.

Collectively, 71 Ethereum-focused corporate treasuries now hold 3.7 million ETH, valued at around $16.3 billion [3]. These entities have also allocated an additional $27 billion for further Ethereum purchases, potentially bringing corporate ownership toward 10% of the circulating supply. To support its expansion, BitMine has filed to increase its at-the-market equity program by $20 billion, enhancing liquidity for future acquisitions.

Ethereum ETFs have also demonstrated robust growth, with U.S. funds experiencing historic inflows. On August 11, these funds recorded a net inflow of $1.019 billion in a single day, a new record that reflects strong institutional and retail investor interest [1]. Over the past eight days, cumulative inflows have neared $11 billion, with BlackRock’s iShares Ethereum ETF receiving $519 million in inflows on August 14 [10].

The combined accumulation by corporate treasuries and ETFs has significant implications for Ethereum’s price dynamics, staking yields, and network decentralization. While increased institutional participation may enhance market stability and governance, it also raises concerns about supply concentration and long-term market fairness. Analysts remain divided on how these developments will shape Ethereum’s ecosystem in the coming years, but the trend clearly favors institutional dominance [3].

Ethereum’s price currently stands at $4,427.58, having dipped slightly in the last 24 hours. Market observers are monitoring whether these large-scale accumulations will create upward pressure or lead to further consolidation. SharpLink, despite holding over $3.3 billion in ETH, recently reported a Q2 loss of $103 million, underscoring the financial risks associated with aggressive staking and acquisition strategies [5].

As Ethereum continues to attract large-scale institutional buyers, a paradigm shift is unfolding in the digital asset markets. The next phase will depend on regulatory developments, market volatility, and the extent to which these entities continue to consolidate Ethereum’s supply.

Sources:

[1] title1.............................(https://www.msn.com/en-us/money/markets/us-ethereum-etfs-set-new-record-with-over-1-billion-in-single-day-inflows/ar-AA1Knx2B)

[3] title3.............................(https://cryptodnes.bg/en/bitmine-becomes-first-corporate-treasury-to-surpass-1-million-ethereum/)

[5] title5.............................(https://www.theblock.co/amp/post/367151/the-daily-ethereum-dat-sharplink-dips-on-103-million-q2-loss-eth-etfs-see-strong-inflows-galaxy-raises-1-4-billion-in-debt-financing-and-more)

[6] title6.............................(https://www.ainvest.com/news/ethereum-drops-3-036-market-volatility-institutional-support-remains-strong-2508/)

[7] title7.............................(https://www.futunn.com/en/options/COIN250815C460000-US/news)

[9] title9.............................(https://www.mitrade.com/insights/news/live-news/article-3-1043042-20250815)

[10] title10...........................(https://u.today/blackrock-still-buying-ethereum-will-eth-price-reverse-trend)