Corporate
#Crypto Holdings Hit $100B as ETH Treasury Race Accelerates
Corporate cryptocurrency treasuries have crossed the $100 billion milestone, according to Galaxy Research.
$BTC treasury firms dominate with 791,662 coins worth $93 billion, representing nearly 4% of the circulating supply.
$ETH treasury companies hold 1.3 million tokens valued at over $4 billion, capturing 1.09% of total supply.
$ETH ETFs just posted 19 consecutive days of net inflows totaling $5.3 billion since July 3.
#StandardChartered predicts these treasury firms could eventually own 10% of all
$ETH supply.
Corporate buyers are becoming key liquidity sources alongside institutional #ETF demand for
$ETH.
Despite strong inflows,
$ETH remains 21% below its $4,890 all-time high from November 2021.
