ETH at 10%: The Quiet Storm of Wall Street

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In the quiet drawing rooms where the glow of screens meets the rustle of ledgers, Ethereum ceases to be a mere spark for the curious and begins to wear the garb of a serious acquaintance. It is not revolt, but a patient, almost shy, accretion of interest-like a young landowner who discovers that his fief may require more prudence than romance. The investors arrive not with drums, but with pens and contracts, and we watch, with a wry smile, as the market grows from a dream to a habit. 💼😏

Institutions Hold More Than 12 Million ETH

According to StrategicETHReserve, treasuries and ETFs now command 12.48 million ETH, about 10.31% of all Ethereum. Treasury houses hold 5.66 million ETH (4.68%), while ETFs guard 6.81 million ETH (5.63%). It is as if the countryside has begun to lend its wealth to the town, not with a fanfare but with a quiet, inexorable trust. 🤔

Recently, more money has drifted into spot ETFs, and corporations are laying Ethereum within their balance sheets. Big players are treating ETH not as youthful novelty but as a durable asset, much as one might begin to regard a steadfast companion after many shared seasons. Just as Bitcoin once wore the cloak of novelty, ETH is now being seen as a reliable long-term presence.

ETF Inflows and Corporate Adoption

Spot ETFs have witnessed steady inflows in recent months. SoSoValue reports U.S. spot Ether ETFs recording $621.4 million in net inflows in October, compared with $285.7 million in September, and $3.9 billion in August. The figures arrive with a certain gravity, as if the market is nodding to a new era with a reluctant smile. 💸

SharpLink and BitMine Take the Lead

SharpLink, a gaming company, has expanded its Ethereum treasury strategy considerably since June 2025, and unrealized profits have surpassed $900 million. It now holds 839,000 ETH and carries no debt, a combination that would charm even a wary elder in a drawing room of prudence. 🚀

The largest corporate holder remains BitMine Immersion Technologies, which last week acquired 179,251 ETH (about $823 million), bringing its total to 2.83 million ETH, valued at $13 billion. The Ether Machine holds 496,000 ETH (roughly $2.28 billion), placing it third among major corporate holders. A constellation of wealth, all quietly assembling under the watchful eyes of auditors and poets alike.

BitMine has added another 179,251 ETH; they now command 2.83 million ETH, worth about $13 billion. SharpLink sits in second with 838k ETH, while the Ethereum Foundation remains in fourth with 222k ETH. A whispered refrain persists: SEND ETH TO $10,000!!

– borovik (@3orovik) October 6, 2025

Other Key Holders

The Ethereum Foundation retains 222,000 ETH, worth just over $1 billion. Other notable holders include Coinbase, PulseChain Sac, and Bit Digital, each with more than 100,000 ETH. Even the U.S. government reportedly holds about 60,000 ETH, worth roughly $275 million. The lines between enterprise, institution, and state blur into a single, taut thread of modern finance. 🗺️

A Turning Point for Ethereum

Reaching 10% marks a turning point. Ethereum is no longer the exclusive realm of developers; corporations, large investors, and even governments are beginning to regard it with seriousness. With influxes through ETFs and corporate holdings growing, ETH steps more surely into the arena of finance where shadows and sunlight fall with equal weight, and the prospect of influence expands like a quiet, stubborn dawn. 🌅

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2025-10-07 15:48