Ethereum Led July Rally as Corporate Holdings Surged 127% to 2.7M ETH: Binance
Main Idea
Ethereum experienced a significant surge in July, with corporate holdings increasing by 127% to 2.7 million ETH, driven by strong market performance and institutional demand.
Key Points
1. Ethereum's price surged over 50% in July, making it one of the best-performing large-cap digital assets.
2. Corporate holdings of Ethereum rose by 127% to more than 2.7 million ETH ($11.6 billion), with 24 new entities joining.
3. Corporate holdings now represent roughly 46.5% of Ethereum exchange-traded funds (ETFs), which saw a 39.5% increase in assets to over 5.8 million ETH.
4. The ETH-to-Bitcoin ratio hit a six-month high, reflecting a shift toward direct Ethereum exposure beyond passive ETF allocations.
5. Ethereum's staking yield and deflationary design, along with regulatory tailwinds like the SEC's implicit recognition of ETH as a commodity, contributed to its appeal.
Description
Ethereum ( ETH ) took the spotlight in the crypto market in July, as corporate holdings logged their largest monthly increase on record. Binance Research said in its monthly market insights report that balances held by companies climbed about 127% to more than 2.7m ETH ($11.6b). The rally was accompanied by an increase in the number of companies holding Ethereum on their books. Twenty-four new entities joined the ranks, bringing the total to 64. Together, these corporates now hold roughly 46.5% ...
Latest News
- Wisconsin Lawmakers Renew Push to Regulate Crypto Kiosks Amid $247M Fraud Losses2025-08-12 09:14:15
- Clearpool, Cicada Partner to Boost Risk Management in PayFi Lending2025-08-12 09:13:43
- FTX Customers Claim Law Firm Fenwick & West Was ‘Key’ to Fraud in Updated Lawsuit2025-08-12 08:37:39
- Ethereum Led July Rally as Corporate Holdings Surged 127% to 2.7M ETH: Binance2025-08-12 07:31:07
- Ethereum Profit-Taking Rises as $4.3K Level Sparks Short-Term Doubts2025-08-12 07:26:10