Ethereum Treasury Trend Gains Momentum with Institutional Support

Analysts at BitStake Trading believe that the trend towards treasury holdings with a focus on Ethereum is just beginning. In the future, public companies may accumulate up to 10% of the total supply, ten times more than the current 1%. According to experts, over the past two months, nearly 2 million ETH have been purchased by exchange-traded funds (ETFs) during this period. BitStake Trading suggests that companies oriented towards Ethereum have greater growth potential compared to Bitcoin-related entities. This is due to their ability to earn staking rewards, access leverage, and benefit from DeFi services—features that ETFs in the US still cannot utilize. Recent news from ETH-focused companies include: - SharpLink buying an additional 77,210 ETH for $290 million last week, increasing its holdings to 438,190 ETH. - BitMine preparing to issue a $1 billion share buyback to avoid dilution. - A new player, 180 Life Sciences, planning to sell $425 million in shares to purchase ETH. Post-deal, the company intends to rebrand as ETHZilla Corporation, with funding from 60 investors via a PIPE deal. This indicates a growing institutional interest in Ethereum and related companies, which could propel further price appreciation and adoption of ETH as a treasury reserve asset.