Over the past month, corporate Ethereum treasuries have significantly expanded, collectively acquiring more than $1.6 billion in Ether (ETH). Recent disclosures show that top firms have accumulated over 545,000 ETH in just 30 days, amid a surge in institutional interest driven by market optimism around Ethereum’s long-term utility. One of the most notable disclosures came from BitMine Immersion Technologies. The company, chaired by Fundstrat’s Tom Lee, reported total Ether holdings of 163,142 ETH. At the current market valuation, this stash is worth approximately $480 million. Lee compared this buying behavior to that of MicroStrategy’s Bitcoin strategy, suggesting that firms acquiring even 5% of Ethereum’s total supply may benefit from what he termed a “Wall Street put.” He believes Ethereum is gaining similar institutional traction to what Bitcoin previously enjoyed. SharpLink Leads Ethereum Accumulation At the forefront of this Ethereum buying spree is SharpLink, a gaming platform founded by Joseph Lubin. SharpLink purchased 10,000 ETH on July 11, followed by 16,370 ETH on July 13, and an additional 24,371 ETH worth $73.2 million on July 15. These acquisitions bring its total ETH holdings to more than 255,000, making it the largest corporate holder of Ether to date. Lubin, who is also the founder of Consensys, jokingly referred to himself as a “self-appointed representative of The League of Extraordinary ETH Accumulator Gentlemen,” acknowledging BitMine and others for ramping up their acquisitions. Broader Corporate Interest in Ethereum The Ethereum accumulation trend isn’t limited to just two firms. Bit Digital, a digital asset platform, holds over 100,000 ETH. Blockchain Technology Consensus Solutions (BTCS) has also moved aggressively, raising $62.4 million to grow its Ethereum reserves to 29,122 ETH. Meanwhile, GameSquare announced on July 8 that it plans to build a $100 million Ethereum treasury as part of a broader strategic investment. These moves reflect a growing belief in Ethereum’s role as a critical asset in the evolving digital economy. ETH Funds See Record Inflows This surge in corporate ETH acquisitions coincides with a strong performance in Ethereum-based digital investment funds. CoinShares reported that these funds posted $990 million in inflows last week, marking their twelfth consecutive week of positive flows. It was also the fourth-largest weekly inflow on record. Year-to-date, Ethereum funds have attracted more than $4 billion in capital. Nearly 30% of that came in the past two weeks alone, signaling a steep rise in institutional appetite. According to CoinShares, Ethereum inflows now represent 19.5% of all assets under management for global Ether funds, compared to just 9.8% for Bitcoin funds. ETH Price Action Reflects Growing Demand Ethereum’s price climbed above $3,000 for the first time since February on July 11, though it later dipped slightly below that mark. Despite the pullback, ETH still posted a 17% gain for the week, underlining renewed market confidence driven in part by these large-scale corporate and institutional investments.
2025-07-15 09:35
Victoria, Seychelles, July 15th, 2025, Chainwire Bitget , the leading cryptocurrency exchange and Web3 company, has officially PUMPUSDT perpetual futures for trading. The listing supports up to 20x leverage and is now available alongside Bitget’s futures trading bots, offering users enhanced trading strategies and automation tools. The PUMPUSDT-M perpetual futures contract settles in USDT and features a tick size of 0.000001. Funding fees are settled every four hours, and trading is available 24/7. Users can access the new listing and deploy automated strategies via Bitget’s web platform or mobile application. All contract parameters, including leverage limits, tick size, and margin rates, may be updated as needed to reflect market risk conditions. Traders are encouraged to consult live updates and contract specifications directly on the platform. This launch expands Bitget’s futures offerings, which include USDT-M Futures, Coin-M Futures, and USDC-M Futures. In USDT-M Futures, users can trade multiple pairs using USDT within a unified margin account structure, optimizing capital efficiency and risk control. For more details on PUMPUSDT, users can visit here . About Bitget Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA , in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist), and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, users can contact: media@bitget.com Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, users can refer to the Terms of Use . Contact Simran Alphonso media@bitget.com
2025-07-15 09:02
