• • Corporate reserves rose from $200 million to $10 billion between April and August 2025

  • • Major entities: SharpLink Gaming (360,807 ETH), BitMine Immersion (566,776 ETH), ETHZilla

  • • Institutional investors now control over 60% of leased ETH, with ETH ETF funds attracting $5.43 billion in July

Driving Institutional Adoption

  • • Benefits of smart contracts through DeFi, NFTs, and Web3 applications

  • • Technical developments: The Verge upgrade (quantum resistance) and scaling of layer two

  • • Regulatory clarity enabling funds like BTCS (raising $2 billion) to increase their reserves

  • • Ethereum Reserve Guide

Market Overview

  • • ETH is trading at $3,492 (after a correction from $3,940), targeting $4,500 by the end of the year

  • • 33 million ETH leased ($120 billion reserved) reduces the circulating supply

  • • Corporate strategy indicators for accumulation: rental yields (4-6% APY) and ETF inflows

  • • ETH Reserves | Reserve Trends