According to ChainCatcher news and reports from Decrypt, Strategic ETH Reserve data shows that currently about 7.98% of the Ethereum (ETH) supply is held by ETFs and corporate treasuries, a significant increase from the 3% in early April.
Among them, the number of ETH held by ETFs exceeds 6.15 million, accounting for more than 5% of the circulating supply. Meanwhile, corporate holdings have grown from zero to millions, with representative companies including Bitmine Immersion Tech (holding 1.2 million), The Ether Machine (holding 598,800), and SharpLink Gaming (holding 345,400).
Since early April, the price of Ethereum has risen from $1,800 to the current approximately $4,300, and the total scale of ETH funds has doubled within a month, reaching $31.9 billion.
Analysis indicates that institutions and publicly listed companies that missed the Bitcoin treasury wave are now viewing Ethereum as a high-risk, high-reward investment target, and are optimistic about its diverse ecological applications beyond value storage.