Massive ETH purchases boost Ether coffers and bring record cash inflows

Massive ETH purchases boost Ether coffers and bring record cash inflows

Over the past month, companies and institutional investors have seen significant interest in Ethereum, reflected not only in increased purchases but also in record volumes of ETH in their corporate coffers. This week's ranking of highest weekly ETH inflows is the fourth highest ever, and overall more money is being put into Ethereum assets.

Corporate ETH vaults exceeded 545,000 ETH for the month

According to the latest data, corporate companies have accumulated more than 545,000 ETH in the last 30 days. This equates to approximately $1.6 billion at the current exchange rate and is indicative of the growing interest of companies in strategically holding this cryptocurrency.

For example, BitMine Immersion Technologies, led by Tom Lee of Fundstrat, has reported that its total ETH holdings stand at 163,142 units, which at the current price represents roughly $480 million. According to Michael Saylor Lee, founder of Strategy, ETH treasuries, which can hold up to 5% of supply, could benefit from a similar "Wall Street put" - that is, the potential for institutional interest to increase, as it did for Bitcoin.

SharpLink and other big players - ETH is becoming a valuable asset

Among the most notable ETH holders is Joseph Lubin's SharpLink gaming platform, which added more than $73 million worth of ETH during July. In total, its vault exceeds 255,000 ETH, making it the largest corporate ETH vault on the market. Lubin has even called himself a "self-proclaimed representative of the League of Extraordinary Gentlemen in ETH accumulation" and has expressed respect for other big players like BitMine.

Other companies that are significantly expanding their ETH holdings include Bit Digital, a platform with over 100,000 ETH, and BTCS, which recently increased its holdings to 29,122 ETH after raising $62.4 million. GameSquare announced a strategy to create a $100 million ETH treasury.

Record inflows and the importance of ETH to the ecosystem

According to asset manager CoinShares, corporate Ethereum treasuries represent the fourth-largest weekly inflow in history, in a week that saw ETH surpass the $3,000 mark for the first time since February. To date, ETH holds a weekly gain of 17%, and despite a slight slowdown in price, investor interest remains high.

Overall, ETH has seen inflows in excess of $4 billion this year, with nearly 30% of that amount coming from institutional investors in the past two weeks. Over the past 12 weeks, ETH funds already account for nearly 20% of total assets under management by global ether funds, while bitcoin funds account for less than half (9.8%).

The future of Ethereum in the spotlight

The growing interest in ETH among institutional and corporate holders suggests that Ethereum is becoming a key asset not only for speculators but also for strategic portfolios. With record inflows and rising value, a new period of interest in this cryptocurrency and its ecosystem is upon us.

Summary

- ETH corporate treasuries have accumulated over 545,000 ETH (approximately $1.6 billion) in the past month.

- The largest ETH vault is owned by SharpLink with over 255,000 ETH.

- Institutional interest is at an all-time high, with ETH inflows the fourth highest on record.

- The ETH price has stayed above USD 3,000 in the last week and has seen a 17% increase.

With ETH confirming its strategic role in the portfolios of major players, the trend of accumulation can be expected to continue, which can support the further growth of this cryptocurrency and its ecosystem.

*This is not an investment recommendation.

Coingarage team