ETH Demand Soars as Treasury Reserves Accumulate Over 795,000 ETH Amid $20 Billion Fund Raise
The post ETH Demand Soars as Treasury Reserves Accumulate Over 795,000 ETH Amid $20 Billion Fund Raise appeared on BitcoinEthereumNews.com.
In a recent update from *COINOTAG News* on August 18th, David Duong, the Director of Institutional Research at Coinbase, emphasized a continuing strong interest in *Ethereum* (ETH). Notably, major ETH treasury reserve firms have amassed over *795,000 ETH*, valued at approximately *$3.6 billion*, which now represents more than *2%* of the overall ETH supply. This significant accumulation suggests a bullish sentiment among institutional investors regarding the digital asset’s future. Furthermore, BMNR’s recent fundraising success, which raised a notable *$20 billion*, has propelled its total acquisition capacity to *$24.5 billion*. This combination of increased institutional interest and substantial funding indicates a robust market environment for Ethereum and reinforces its position in the ever-evolving cryptocurrency landscape. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/eth-demand-soars-as-treasury-reserves-accumulate-over-795000-eth-amid-20-billion-fund-raise/
Filed under: News - @ August 18, 2025 2:24 am