#ETHCorporateReserves Ethereum Joins Bitcoin in Corporate Reserves as Crypto Market Surges Past $4 Trillion:

Ethereum’s Corporate Adoption Grows Amid Crypto Market Boom: The corporate embrace of cryptocurrency is evolving. While Bitcoin remains the dominant digital asset on company balance sheets, a rising number of firms are now accumulating Ethereum, the native token of the Ethereum blockchain. This trend signals growing confidence in Ethereum’s infrastructure as the foundation for decentralized applications, finance, and tokenization.

Ethereum has surged roughly 60% over the past month, trading around $3,800, though still below its 2021 high of over $4,600. This price rally, alongside increased on-chain utility, is prompting companies to diversify their crypto reserves beyond Bitcoin.

Coinbase Global (COIN), a major crypto trading platform, holds over $440 million in Ethereum. BitMine Immersion Technologies (BMNR), a newer crypto miner led by Fundstrat’s Tom Lee, announced it holds $1 billion in ETH equivalent to roughly 300,000 tokens making it a significant Ethereum-focused treasury. BitMine’s stock rose 25% after Peter Thiel revealed a 9.1% stake in the firm.

Ethereum’s Utility: From Finance to Tokenization;

Ethereum offers programmability that Bitcoin lacks, powering smart contracts, decentralized applications, and stablecoins like USDC. Ray Youssef, CEO of the crypto marketplace NoOnes, called tokenization Ethereum’s “killer app,” highlighting how its network enables businesses, creators, and communities to issue their own tokens and build internal economies.

The recently passed GENIUS Act, signed by President Trump, has further boosted sentiment. The act provides a regulatory framework for stablecoins, reinforcing the relevance of the Ethereum blockchain, which hosts most of these tokens. Shares of Circle (CRCL), the company behind USDC, have surged more than 600% since its IPO in June, underscoring market enthusiasm for Ethereum-based infrastructure.$ETH