Institutional demand for Ethereum has climbed to new highs during this market cycle.

According to Strategic ETH Reserve data, spot Ethereum exchange-traded funds (ETFs) and Digital Asset Treasury Companies (DATCOs) now control more than 12.5 million ETH, or roughly 10% of the token’s circulating supply.

This marks a dramatic expansion from April, when these institutions collectively held about 4 million ETH, representing less than 3% of the total supply.

Institutional Ethereum Holdings
Institutional Ethereum Holdings (Source: Strategic ETH Reserve)

The rise reflects how institutional capital has increasingly turned to Ethereum exposure through regulated ETFs and on-chain treasury allocation amid the growth of the network fundamentals in tokenized assets and stablecoins.

According to Token Terminal data, decentralized applications on Ethereum are hosting more than $365 billion in user assets, while the network’s native token trades at a 1.45x multiple of its ecosystem TVL.

Ethereum ETFs holding

Data from Strategic ETH Reserve shows that spot Ethereum ETFs currently hold 6.92 million ETH, valued at about $30.76 billion based on an ETH price of $4,448 at press time. The assets are distributed across nine products from eight issuers.

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Author: Oluwapelumi Adejumo

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