- •Public firms added 95% of their ETH in Q3 2025
- •Total ETH holdings now stand at 4.63 million ETH
- •27 companies collectively hold $19 billion worth of ETH
In a major signal of institutional confidence in Ethereum, public companies dramatically increased their ETH holdings in the third quarter of 2025. According to a recent report by Bitwise, 95% of these companies’ total ETH reserves were accumulated during Q3 alone.
This aggressive accumulation has pushed the total ETH held by public firms to 4.63 million ETH, which is approximately valued at $19 billion. The data indicates a strategic pivot toward Ethereum, suggesting that corporate treasuries are seeing long-term value in the second-largest cryptocurrency by market cap.
Why Q3 Was a Turning Point for Ethereum
The third quarter of 2025 was particularly bullish for Ethereum. With growing anticipation around Ethereum-based ETFs, rising institutional interest in staking, and increased utility from Layer 2 projects, companies appear to have fast-tracked their ETH acquisition plans.
Another likely factor is Ethereum’s continued upgrade path and its dominance in the smart contract and decentralized finance (DeFi) sectors. These developments have reinforced Ethereum’s position as a critical infrastructure layer for the next generation of internet and finance applications.
BULLISH: Public companies accumulated 95% of their total ETH holdings just in Q3 2025.
— Cointelegraph (@Cointelegraph) October 16, 2025
27 firms now hold 4.63M $ETH worth $19B, per Bitwise. pic.twitter.com/Gun0RAQS60
27 Firms Leading the Charge
Bitwise’s report shows that 27 publicly traded firms now hold ETH on their balance sheets. While the names of all these companies haven’t been disclosed, the trend reflects a broader movement of traditional finance entering the crypto space.
This mirrors a similar trend previously seen with Bitcoin, where institutions like MicroStrategy and Tesla made headlines for their BTC holdings. The ETH accumulation now marks a new chapter in crypto adoption, with Ethereum no longer just a developer’s chain—but a corporate treasury asset.