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Public Firms Hold $19 Billion in Ethereum: 95% Jump in 3 Months
According to a report by Bitwise, a total of 27 public companies currently hold Ethereum (ETH). The 27 firms collectively hold 4.63 million ETH, valued at $19 billion. The most interesting aspect of Bitwise’s report is that 95% of all the ETH held by public companies was bought in the last three months.
95% of all ETH held by public companies was purchased in the past quarter alone.
Watch this space.
Corporate ETH Adoption, Q3 2025 Edition pic.twitter.com/9hDARuo9vQ
Did Public Companies Drive Ethereum’s Price Rally?
Despite the incredible rally over the last few months, Ethereum (ETH) seems to have fallen victim to the market downtrend. According to CoinGecko’s Ethereum data, ETH’s price is down 1.9% in the last 24 hours, 9.3% in the last week, 7.9% in the 14-day charts, and 10.4% over the previous month.
The crypto market crash was most likely triggered by trade disputes between the US and China. Macroeconomic uncertainties have led to a substantial dip in investor confidence. However, with negotiations underway, there is a chance that Ethereum and the larger market will rebound soon.
There is also a very high chance that the Federal Reserve will cut interest rates by another 25 basis points after its next meeting. A further drop in interest rates could give Ethereum (ETH) the necessary push to reclaim its peak price levels.
Also Read: Ethereum Price: $11K Move Is Coming Fast, Plan Your Returns Now
Also Read: Ethereum Price: $11K Move Is Coming Fast, Plan Your Returns NowCoinCodex analysts also anticipate Ethereum (ETH) to recover soon. The platform anticipates ETH to climb to a new all-time high and breach the $6000 mark later this year. CoinCodex predicts ETH will trade at $6414 by Dec. 31, 2025.