Amid the crypto bull market, Ethereum (ETH) is not just rising in price but is slowly becoming a core part of the treasury strategies of public companies and large institutional investors. As Bitcoin hits new highs, Ethereum is also quietly moving into the global financial center.
Ethereum Crosses $3,000 as Bitcoin Hits All-Time High
On Monday, Ethereum recorded a strong gain, reaching $3,075, up 3.4% in 24 hours and nearly 20% in a week, holding above the psychologically important level for the first time since early February.
This growth comes in tandem with Bitcoin's rally to a record high, showing that the market sentiment is spreading widely not only to BTC, but also to the Ethereum ecosystem.
Ethereum ETF Flows Boom Signals Institutional Inflows
The highlight that cannot be ignored is the record inflow into Ethereum exchange-traded funds (ETFs), reaching nearly $908 million in just one week, the highest level since ETH ETFs officially traded in July 2024.
This not only reflects institutional confidence in ETH, but also signals a shift from “speculative asset” to “serious financial instrument” in long-term investment portfolios.
SharpLink – a public company holding more ETH than the Ethereum Foundation
A surprising story comes from SharpLink Gaming, a Nasdaq-listed company, as they quickly accumulated more than 270,000 ETH, surpassing the Ethereum Foundation in terms of holdings.
Notably, in just 5 days, the company purchased 60,582 ETH, including 10,000 ETH purchased directly from the Ethereum Foundation through an OTC deal worth $25.7 million. This is an unprecedented deal for a public company.
SharpLink (SBET) shares have reflected this move with a gain of more than 275% since the beginning of the year.
Other companies are actively moving to ETH
SharpLink is not alone:
BitMine successfully raised $250 million to build an Ethereum treasury, using ETH for staking and DeFi activities.
Bit Digital moved part of its treasury from BTC to ETH, now holding more than 100,600 ETH, after raising $172 million.
BTCS Inc. increased its holdings to 29,122 ETH, with over $62 million raised since the beginning of the year, driving its share price up 204% in just 12 months.
Why This Matters
Ethereum is moving beyond just a platform for developers and the Web3 community. As many traditionally cautious public companies begin to view ETH as a long-term strategic asset, it signals a systemic shift.
Ethereum is moving from a technological experiment to a new financial pillar, gradually asserting its indispensable role in the modern global financial landscape.
Conclusion:
Ethereum’s price surge is just the tip of the iceberg. What really matters is the widespread adoption from institutions who are quietly betting on ETH as a strategic asset of the future.