- Ethereum futures open interest hit $50B, while weekly ETF inflows reached $2.18B, signaling strong institutional capital movement.
- These two companies now possess more ETH than the Ethereum Foundation itself, demonstrating substantial corporate accumulation.
Ethereum remains well above the 50-day and 200-day moving averages, with support currently near $3,580.
Should bulls maintain control, a move toward $3,800–$3,850 is feasible, while a breakdown below $3,620 may signal short-term weakness and test support around $3,500.
The MACD histogram remains positive, and increasing volume supports the uptrend continuation.
Ethereum (ETH) is priced at $3,689.89, reflecting a 3.14% increase over the past 24 hours. It maintains its position as the second-largest cryptocurrency by market capitalization, which currently stands at $445.47 billion.
The 24-hour trading volume has risen to $46.47 billion, accounting for a 7.62% increase, indicating heightened trading interest.
Ethereum’s circulating supply remains at 120.71 million ETH, with no hard cap, while its fully diluted valuation (FDV) matches the current m$1.1B ETH Stash Revealed: How Bitmine & SharpLink Outpaced Ethereum’s Own Treasuryarket cap, maintaining proportionality due to its supply structure.
ETH ETF Weekly Volume Surges Beyond $2.7 Billion
Major institutions like BlackRock and Fidelity are seeing substantial inflows into ETH ETFs. ETHNews analysts expect Ethereum to approach parity with traditional commodities like gold in ETF market penetration.
Recent reports indicate activity in Ethereum-related exchange-traded funds (ETFs). In the past week, spot Ethereum ETFs saw $2.18 billion in net inflows, marking the highest weekly inflow these products have ever recorded.
Another report notes that ETH ETFs attracted over $2 billion in inflows during July 2025. However, there isn’t a direct confirmation in the provided results of ETH ETF weekly volume surging beyond $2.7 billion, although total weekly volume for Ethereum reached $10.5 billion at one point, with an average daily trading volume of $2.1 billion.
Two Companies Now Hold More Ethereum Than Its Creators
SharpLink Gaming and Bitmine Immersion Technologies possess more Ethereum than the organization that created it. These two publicly traded firms, not previously major players in crypto, control substantial amounts of ETH.
SharpLink Gaming, based in Minneapolis, holds 280,706 Ethereum
This amount is worth about one billion dollars. The company raised $400 million by selling its own stock. It used this money to buy the Ethereum. SharpLink stakes its Ethereum to earn returns. It also provides investors with an “ETH-per-share” figure. This shows exactly how much Ethereum backs each share of the company stock.
Meanwhile, Bitmine Immersion Technologies holds 300,657 Ethereum. Its holdings are currently valued near $1.13 billion. Tom Lee, known from Fundstrat, leads Bitmine. The company receives backing from Peter Thiel, who once led PayPal.
Bitmine wants to become a primary holder of Ethereum reserves. It uses money made from cryptocurrency mining. It also employs financial tools like Ethereum options contracts. Its method copies MicroStrategy’s well-known approach to buying Bitcoin, but applies it entirely to Ethereum.
This large-scale buying by companies occurs as institutions show more activity in Ethereum markets. The total value of active Ethereum futures contracts reached $50 billion. This happened while Ethereum’s price moved above $3,500.
