ETH Demand Surges as Institutions Double Down
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Key Notes Bit Digital raises $67.3M to expand its Ethereum treasury. Institutions accumulated over 545,000 ETH in 30 days. Ethereum investment funds post 12th straight week of inflows. As Ethereum ETH $2 974 24h volatility: 1.7% Market cap: $358.77 B Vol. 24h: $38.79 B tested the $3,000 key level earlier this week, several corporate treasuries are expanding their ETH holdings. Bit Digital has announced that it is raising $67.3 million through a registered direct offering to expand its Ethereum treasury. The move marks Bit Digital’s major shift from its Bitcoin BTC $116 748 24h volatility: 4.6% Market cap: $2.32 T Vol. 24h: $70.83 B mining roots to becoming a dedicated institutional Ethereum holder and staker. Notably, in June, the firm revealed that it had been accumulating ETH since 2022. On July 14, Fundstrat’s Tom Lee-chaired BitMine Immersion Technologies also announced it holds 163,142 ETH, worth around $480 million at current market prices. Ether Treasury Holdings Expand The companies join a growing list of firms building ETH-native treasuries as institutions recognize ETH’s potential in staking and treasury growth. Corporate treasuries have collectively acquired over 545,000 ETH in the past month alone. The largest corporate Ethereum holder, SharpLink, has been accelerating its ETH accumulation recently. It purchased 10,000 ETH on July 11, 16,370 ETH on July 13, and another 24,371 ETH for $73.2 million on July 14, bringing its total holdings to over 255,000 ETH. 🚨🚨🚨 $SBET / @SharpLinkGaming acquires another 24,371 $ETH for $73.21M. 👀 pic.twitter.com/eZnCdAeUYn — maxxTFSA (@maxxTFSA) July 14, 2025 Other firms joining this wave include Blockchain Technology Consensus Solutions (BTCS), which raised $62.4 million this month to expand its holdings to 29,122 ETH. Last week, GameSquare also announced a strategic $100 million Ethereum treasury plan. Investment Funds Continue to Break Records The institutional rush comes as Ethereum-based investment…
Filed under: News - @ July 15, 2025 10:27 am