Ethereum’s Market Dominance Fueled by ETF & Treasury Buying Spree

Ethereum is witnessing a surge in its market price, reaching new all-time highs driven by significant buying activity from exchange-traded funds (ETFs) and corporate treasuries. Analysis reveals that ETFs now hold over 6.3 million ETH, representing more than 5% of Ethereum’s total circulating supply, while corporate treasuries boast a reserve exceeding 4 million ETH, indicating a strategic positioning in the market. This trend suggests a dynamic shift as limited supply meets rising demand.