Ethereum News: Ethereum Turns 10 as Corporate Treasuries and Wall Street Accumulate ETH

Ethereum Turns 10: Top Corporate ETH Holders as Wall Street Embraces Crypto Treasury TrendKey Points:Ethereum celebrates 10 years since its launch on July 30, 2015, maintaining uninterrupted network uptime.BitMine Immersion Technologies leads corporate holdings with 625,000 ETH (0.52% of supply).Sharplink, Bit Digital, BTCS Inc., and GameSquare also rank among the top five Ether treasury firms.Wall Street institutions increasingly view Ethereum as the next major digital reserve asset after Bitcoin.Ethereum, the world’s second-largest cryptocurrency by market value, marks its 10th anniversary today, July 30, 2025. Since going live in 2015, the network has introduced smart contracts and powered the decentralized finance (DeFi) boom—cementing its place in financial history.Now, Ethereum is entering a new chapter: corporate treasuries and Wall Street firms are adding ETH to their balance sheets, signaling rising institutional adoption.Top 5 Corporate Ether HoldersCointelegraph reviewed the largest publicly disclosed ETH holdings, revealing a sharp rise in corporate treasury accumulation:1- BitMine Immersion Technologies – The Bitcoin miner turned multi-asset treasury firm now holds 625,000 ETH, or 0.52% of total supply. The company has announced plans to acquire up to 5% of ETH’s total supply, backed by a $1B stock repurchase program.2- Sharplink – Nasdaq-listed, Sharplink holds 438,190 ETH after buying $290M worth of ETH between July 21–27 at an average price of $3,756, declaring ETH its primary treasury asset.3- Bit Digital – Recently transitioned to an Ethereum treasury strategy, holding 100,603 ETH after raising $172M in public equity and shifting reserves from Bitcoin to Ether.4- BTCS Inc. – An Ethereum validator and staking firm, BTCS holds 70,028 ETH and has raised $207M in 2025 to expand its ETH strategy.5- GameSquare Holdings Inc. – The media and tech company holds 12,913 ETH, earmarking $250M for a crypto treasury management plan.Wall Street Is “Warming Up” to EthereumInstitutional demand is accelerating. Gracy Chen, CEO of Bitget, said Ethereum is increasingly seen as “the next major digital reserve asset after Bitcoin.”“Given the high likelihood that the world’s assets will be tokenized on the blockchain, Ethereum has a competitive advantage in capturing a large share of this market,” Chen said.According to Standard Chartered, corporate treasury firms have purchased over 1% of ETH’s circulating supply since June, outpacing Bitcoin-focused firms. The bank projects ETH treasury holdings could eventually reach 10% of total supply, driven by staking yield opportunities and regulatory arbitrage.ETH Outlook: Year-End Price Target $4,000With spot Ether ETF inflows surging and institutional balance sheet accumulation growing, Ethereum’s price momentum is supported by real, structural demand.Standard Chartered maintains a $4,000 year-end ETH target, suggesting that Ethereum’s 10th anniversary may mark the start of its next major institutional adoption wave.