Ethereum Treasuries Surge Past $1.6B as Institutional Inflows Accelerate

Ethereum Treasuries Surge Past $1.6B as Institutional Inflows Accelerate

SharpLink and BitMine Lead Corporate Accumulation as ETH Fund Inflows Hit $990M in a Week

Ethereum is seeing an unprecedented wave of institutional and corporate accumulation, with over 545,000 ETH—worth approximately $1.6 billion—acquired by treasury firms in the past 30 days. The influx comes as Ethereum products post their fourth-largest weekly inflow on record, according to asset manager CoinShares.

The surge places ETH at the center of renewed institutional interest, just as the price pushed past $3,000 on July 11 for the first time since February, gaining 17% in a week before a modest pullback.

SharpLink Becomes Largest Corporate ETH Holder

At the top of the Ethereum treasury leaderboard sits SharpLink, the gaming and blockchain firm led by Ethereum co-founder Joseph Lubin. In July alone, the company added:

• 10,000 ETH on July 11

• 16,370 ETH on July 13

• 24,371 ETH (worth $73.2 million) on July 15

This brings SharpLink’s total holdings to over 255,000 ETH, making it the largest corporate Ethereum treasury on record.

Lubin, who has jokingly referred to himself as a “self-appointed representative of The League of Extraordinary ETH Accumulator Gentlemen,” praised fellow treasury firms like BitMine for accelerating ETH adoption.

BitMine Adds $480M in ETH Under Fundstrat’s Tom Lee

Following close behind, BitMine Immersion Technologies, chaired by Fundstrat’s Tom Lee, reported total ETH holdings of 163,142 ETH, valued at around $480 million.

Lee compared BitMine’s strategy to Michael Saylor’s Bitcoin playbook, suggesting that corporate ETH accumulation could create a similar “Wall Street put”—a safety net driven by deep institutional conviction.

More Firms Join the ETH Treasury Race

Several other companies are racing to add Ethereum to their balance sheets:

• Bit Digital now holds over 100,000 ETH

• Blockchain Technology Consensus Solutions (BTCS) raised $62.4 million to expand to 29,122 ETH

• GameSquare has announced plans for a $100 million Ethereum treasury, revealed on July 8

These aggressive moves mark a turning point in how traditional firms treat Ethereum—not just as a speculative asset, but as a long-term balance sheet holding.

Ethereum-Based Funds Record Massive Weekly Inflows

CoinShares reported that Ethereum investment products recorded $990 million in inflows last week alone, making it the fourth-highest weekly inflow on record. These inflows account for:

• 19.5% of Ethereum funds’ total assets under management (AUM)

• Compared to just 9.8% of AUM for Bitcoin funds over the same period

So far in 2025, Ethereum funds have attracted over $4 billion, with nearly 30% of that coming in the past two weeks—a strong indicator of accelerating institutional adoption.

Image Caption: ETH price crosses $3,000 for the first time since February. Source: CoinMarketCap