Ethereum treasury companies are rapidly accumulating ETH, already holding nearly 2% of the total supply within just two months. According to Standard Chartered’s Geoff Kendrick, if this trend continues, they could eventually hold 10% of all ETH—valued at around $9 billion today. This surge, led by firms like BitMine and SharpLink, outpaces Bitcoin treasury acquisitions.
The appeal? Ethereum’s staking rewards and utility in DeFi ecosystems. While risks like smart contract exposure and staking delays exist, Kendrick believes the regulatory arbitrage potential makes ETH a more attractive asset for institutional players than BTC. With the pace doubling that of Bitcoin holdings, the $4,000 price target for ETH by end-2025 is looking more feasible.
Conclusion:
Ethereum’s growing presence in institutional portfolios shows strong confidence in its long-term value, despite associated risks.
Takeaways:
ETH treasury holdings already approach 2% of supply.
Companies like BitMine and SharpLink lead the surge.Staking rewards and DeFi utility attract corporate interest.
Regulatory arbitrage plays a key role in appeal.
Price targets hover above $4,000 if momentum continues.
Source: Decrypt
