Share this article
Ether Treasury Companies to Eventually Own 10% of Supply: Standard Chartered
Corporate treasuries have bought 1% of all ether in circulation since the beginning of June, the report said.
Jul 29, 2025, 11:37 a.m.
What to know:
- Corporate treasuries have acquired 1% of all circulating ether since early June, the report said.
- Standard Chartered forecasts ether treasury holdings could reach 10% of supply, driven by staking yields and DeFi access.
- The bank maintained its ether year-end price target of $4,000.
Corporate treasury participation in ether has surged in recent months, with institutional entities now holding 1% of the cryptocurrency’s circulating supply, according to a report from investment bank Standard Chartered (STAN).
The bank predicts that ether treasury holdings could reach 10% of total supply over time, a 10-fold increase from current levels.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The pace of buying rivals inflows into spot ether exchange-traded funds (ETFs) , which are themselves seeing record demand, the report said.
Several companies have recently unveiled ether treasury strategies that generate passive yield through ETH staking. These include BitMine Immersion Technologies (BMNR) and SharpLink Gaming (SBET).
The recent influx of both ETF and corporate demand has probably helped drive ether's outperformance against bitcoin , with the ETH/BTC ratio rising from 0.018 in April to 0.032 in July, wrote Geoff Kendrick, global head of digital assets research at Standard Chartered.
The trend has outpaced the equivalent corporate uptake of bitcoin and may signal the beginning of a longer-term structural shift in institutional digital asset portfolios, Kendrick said.
Unlike bitcoin, ether treasury holdings offer returns from staking rewards, currently around 3%, and decentralized finance (DeFi) leverage opportunities, giving them a structural advantage over BTC treasuries.
Standard Chartered argues this regulatory arbitrage, especially in jurisdictions where direct crypto access is limited, makes ether an increasingly attractive asset for listed companies looking to hold digital assets on their balance sheets.
The bank maintained its ether year-end price target of $4,000. The world's second-largest cryptocurrency was trading around $3,830 at publication time.
Read more: Ether Treasuries Target Yield, but Risk Looms, Says Wall Street Broker Bernstein
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Altcoins plunge as bitcoin's $85,000 test triggers $550 million in liquidations
Solana tumbled below $120 to its weakest price since April, while SUI, DOGE and ADA also fell sharply.
What to know:
- Bitcoin is teetering on the brink of falling below $85,000 level, accelerating declines in the crypto market.
- Altcoins such as SOL, Cardano, ADA, SUI and dogecoin led Thursday's drop.
- $550M in liquidations hit derivatives markets, but analysts said the pullback looks like orderly deleveraging rather than full-blown panic.
Top Stories
