Ethereum is gaining serious ground in the institutional investment space as major corporations and asset managers continue to boost their Ether holdings, while reducing exposure to Bitcoin. In a dramatic shift of preference, Ethereum reserves held by corporate treasuries have now topped $6 billion, backed by strong inflows into spot ETH ETFs and a series of strategic acquisitions by prominent companies.
Institutional Shift: Bitcoin Out, Ethereum In
In the past month, several companies have either initiated or expanded their Ethereum reserves, signaling a growing preference for ETH over Bitcoin. Unlike Bitcoin, Ethereum is seen as a platform with real-world applications—especially in the areas of smart contracts, decentralized finance (DeFi), and tokenized assets.
More than 545,000 ETH, worth around $1.6 billion, have been accumulated by corporate treasuries over the last 30 days. This massive buying spree has pushed Ethereum’s total institutional reserves beyond the $6 billion mark for the first time ever.
SharpLink Doubles Down on Ether
SharpLink Gaming, a firm associated with Ethereum co-founder Joseph Lubin, has taken a bold step in ramping up its Ethereum exposure. After increasing its equity offering from $1 billion to $6 billion, SharpLink used a major portion of the funds to acquire Ether.
In just the past nine days, SharpLink added $515 million worth of ETH to its treasury. Since early June, it has purchased 32,892 ETH valued at $115 million and earned another 415 ETH, worth $1.49 million, via staking rewards. Currently, the firm holds over 321,000 ETH, valued at approximately $1.1 billion. This makes SharpLink one of the most aggressive Ethereum accumulators in the corporate space.
Bitmine Targets 5% of Ethereum Supply
Another major player, Bitmine Immersion Technologies, has disclosed that it aims to control 5% of Ethereum’s total supply. With over 300,657 ETH in its portfolio—some acquired through options backed by $200 million in cash—Bitmine now holds ETH and related assets worth more than $1 billion.
“We are well on our way to achieving our goal of acquiring and staking 5% of the overall ETH supply,” stated Thomas Lee, Bitmine’s CEO. The firm has been strategically increasing its Ethereum exposure to position itself as a dominant stakeholder in the ETH ecosystem.
Gamesquare Expands Ethereum Treasury
Gamesquare has also joined the Ethereum accumulation trend by raising $70 million through a public offering. In collaboration with crypto investment firm Dialectic, it plans to allocate these funds to expand its Ethereum treasury. The company has approved an additional $100 million for this purpose, making it clear that ETH is now a core part of its long-term strategy.
Ethereum ETFs Gain Momentum
The surge in Ethereum reserves is not just limited to corporate treasuries. Ethereum exchange-traded funds (ETFs) are also seeing historic inflows. Total inflows into Ethereum ETFs crossed $6 billion as of yesterday, with BlackRock’s ETHA alone attracting $546 million.
Since mid-April, spot ETH ETFs have received more than $4 billion in net inflows. This substantial capital influx highlights a broad-based institutional shift towards Ethereum, further boosting confidence in its future.
At the time of writing, Ethereum is trading at $3,605.17, up 4.8% in the last 24 hours. This recent price movement reflects growing optimism surrounding ETH, driven largely by institutional adoption.
Why Institutions Are Choosing Ethereum
The growing preference for Ethereum over Bitcoin among large firms is rooted in Ethereum’s versatility. While Bitcoin is primarily seen as a store of value, Ethereum offers functional advantages through its smart contract capabilities, DeFi ecosystem, and ability to support real-world asset tokenization.
Moreover, staking offers an added layer of returns. Institutions like SharpLink and Bitmine are not just buying and holding ETH—they are also staking it to earn passive income. This provides an extra incentive for long-term holding, reinforcing the positive feedback loop in Ethereum’s demand dynamics.
Outlook: Is Ethereum’s Big Break Just Beginning?
With reserves crossing $6 billion, ETH staking yields growing, and ETF inflows reaching record highs, Ethereum is quickly becoming the go-to crypto asset for institutions looking for both security and utility. The collective moves by SharpLink, Bitmine, and Gamesquare are clear signals that the era of Ethereum as a core institutional asset is already underway.
While Bitcoin still holds its position as the first and most recognized cryptocurrency, Ethereum is increasingly seen as the asset with the most real-world potential. With the current momentum, a major ETH price rally could be on the horizon—fueled not by hype, but by solid institutional conviction.
Post Views: 2