🏦 Ethereum Treasuries Hit Record $11.32B — Institutions Double Down on $ETH 🚀
Ethereum is flexing its financial muscle as institutional accumulation pushes ETH treasury reserves to an all-time high of 3,040,000 ETH — worth a staggering $11.32 billion. That’s 2.51% of the entire ETH supply now sitting in strategic corporate reserves.
📈 The Big Players
According to Phoenix crypto media, 67 major enterprises are holding ETH as part of long-term treasury strategies. Leading the pack:
Bitmine Immersion Technologies — 833,100 ETH (~$3.10B)
SharpLink Gaming
The Ether Machine
Ethereum Foundation
This surge signals a maturing ETH ecosystem, where decentralized projects and traditional companies alike are stockpiling Ethereum to weather volatility, fund growth, and cement their blockchain strategies.
💡 Why It Matters
Institutional adoption = long-term demand stability
Treasury holdings show stronger commitment than short-term ETF flows
Big finance is treating ETH as a core digital reserve asset
Interestingly, while Spot Ethereum ETFs are seeing significant outflows, banking giant Standard Chartered notes that treasuries may actually offer better long-term value to shareholders. Their digital asset expert, Geoffrey Kendrick, even suggests that ETH treasuries are outpacing Bitcoin inflows in strength and stability.
Ethereum is no longer just a network for DeFi and NFTs — it’s becoming a strategic reserve currency for the Web3 era.
#ETHBreaks4000 #InstitutionalCrypto #EthereumTreasury $ETH $BTC