Public companies worldwide are rapidly accumulating digital assets, with corporate crypto treasury holdings now exceeding $100 billion, according to a new Galaxy Research report.
Ether (ETH) is emerging as a favored asset, with firms like Metaplanet and SharpLink amassing 1.3 million ETH ($4 billion) alongside dominant Bitcoin reserves.
The trend signals a seismic shift in how institutions view crypto—not just as speculative bets but as yield-generating treasury assets.
Ether’s rise as a treasury asset
Corporate crypto treasury holdings now include over 1% of Ether’s circulating supply, a milestone reflecting growing institutional confidence. Standard Chartered predicts these firms could eventually control 10% of all ETH, citing “regulatory arbitrage” opportunities and staking rewards.
“These companies aren’t just passively holding ETH—they’re staking it, leveraging it, and integrating it into broader treasury strategies,” — Enmanuel Cardozo, Market Analyst, Brickken
US spot Ether ETFs have further boosted demand, with 19 consecutive days of net inflows totaling $5.3 billion. Combined with corporate buying, this liquidity could push ETH past $4,000, Standard Chartered’s year-end price target.
Corporate crypto treasury holdings surpass $100B as Ether demand surges
Bitcoin still dominates, but ETH gains traction
While Bitcoin remains the cornerstone of corporate crypto treasury holdings (791,662 BTC worth $93 billion), Ether’s utility is driving faster adoption than BTC saw in its early days.
“It’s happening faster than with Bitcoin during its early treasury adoption phase,” noted Cardozo, highlighting ETH’s ability to “actively generate value” through staking.
However, ETH remains 21% below its 2021 all-time high of $4,890. Analysts say reclaiming that peak requires sustained inflows and macroeconomic stability—potentially achievable by late 2025.
Global adoption beyond US markets
Corporate crypto treasury holdings are a worldwide phenomenon, with firms in Asia and Europe actively expanding their digital asset portfolios. The top 10 ETH holders alone control 1% of its supply, underscoring institutionalization.
“We think they may eventually end up owning 10% of all ETH,” — Standard Chartered report
The trend mirrors Bitcoin’s trajectory but with added momentum from DeFi integration and clearer regulatory pathways for ETH in key markets.
Key takeaways
Corporate crypto treasury holdings hit $100B, with ETH demand accelerating.
Ether’s staking yields and ETF inflows are reshaping institutional strategies.
Bitcoin still leads, but ETH adoption is outpacing BTC’s early growth.
$4,000 ETH price target hinges on sustained corporate and ETF buying.
Olivia Jackson is a US-based cryptocurrency writer and market analyst with a passion for decoding the complexities of blockchain technology and digital assets. With over five years of experience covering the crypto space, she specializes in breaking down market trends, regulatory developments, and emerging Web3 innovations for both retail and institutional audiences.
Her work has appeared in leading finance and tech publications, including CoinDesk, Decrypt, and The Block, where she provides data-driven insights on Bitcoin, DeFi, and the evolving regulatory landscape. Olivia is particularly interested in the intersection of traditional finance and decentralized systems, often exploring how macroeconomic shifts impact crypto markets.