Ethereum Strategic Reserves Surge to 1% of Total Supply as Corporate Adoption Goes Mainstream
Ethereum's corporate custody vaults just hit a major milestone—hoarding 1% of all ETH in circulation. Wall Street's playing catch-up while the smart money stacks digital blue chips.
Institutional FOMO fuels the fire
Fortune 500 treasuries are quietly converting cash reserves into ETH at levels unseen since Bitcoin's early ETF days. The corporate stampede coincides with Ethereum's Shanghai upgrade finally unlocking staking yields worthy of CFO attention.
Bankers hate this one trick
While traditional finance still debates 'blockchain not crypto,' pragmatists are bypassing middlemen entirely. JP Morgan's stablecoin team reportedly now holds more ETH than their own corporate treasury—the ultimate self-own in decentralized finance.
The 1% club grows
With supply shrinkage accelerating through burns and institutional accumulation, Ethereum's scarcity narrative is starting to mirror Bitcoin's early adoption curve. Just don't tell the gold bugs.
The growth of ETH strategic reserves | Source: Strategic ETH Reserve
Top holders dominate these reserves, with the five largest entities controlling over 70% of all institutional ETH holdings. The Ethereum Foundation is the single largest holder, with 269,431 ETH. It’s followed by SharpLink, a Nasdaq-listed gaming company that acquired 176,271 ETH on June 13 and has staked 95% of it.
The Nasdaq-listed firm acquired its reserves on June 13 and is staking 95% of the ETH. The most recent entrant is Status, an Ethereum messenger and Wallet, which acquired 23,066 ETH on June 19, worth $2.9 million.
Other significant holders include layer-1 network PulseChain, crypto exchange Coinbase, and the Ethereum-focused Golem Foundation. Notably, the U.S. government also holds close to 60,000 ETH, largely originating from asset seizures.
More firms consider ETH reserves
While Bitcoin remains the leading asset for strategic reserves, Ethereum is attracting growing interest from corporations and government entities. As the most established altcoin, it is emerging as the top choice beyond Bitcoin.
Among them, Michigan’s state pension plan made a $10 million allocation in Ethereum. Publicly traded companies that hold Ethereum include Bit Digital, BTCS, Intchains Group, and KR1, firms that are mostly focused on crypto assets.
The figures come from the Strategic ETH Reserve initiative, which tracks major institutional holders through publicly visible wallets. The initiative aims to promote transparency and drive broader adoption of Ethereum in institutional portfolios.
