Firms Snap Up 1% of Ethereum Supply Since June

Key Points

1. Standard Chartered reports that Ethereum-focused treasury firms acquired 1% of ETH's total supply since June 2025, with predictions that corporate entities could eventually hold up to 10%.

2. BitMine Immersion Technologies is the largest corporate holder of ETH with 625,000 ETH (0.52% of circulating supply), while Sharplink acquired over 438,000 ETH in less than a week.

3. Institutional demand and inflows into US spot Ethereum ETFs have fueled recent ETH price gains, though it remains 21% below its all-time high of $4,890.

4. Standard Chartered maintains a bullish year-end price target of $4,000 for ETH, citing growing corporate and institutional interest.

5. New players like Ether Machine are planning large-scale ETH acquisitions, targeting over 400,000 ETH ($1.5 billion) for an on-chain treasury.