Corporate ETH reserves top $17.7B, surpassing spot ETFs

The total Ethereum holdings of companies with a dedicated accumulation strategy have surpassed the amount held by spot ETH ETFs, according to data from Strategic ETH Reserve. The data shows that 68 such companies now hold approximately 6.29 million ETH, valued at $17.77 billion. This figure exceeds the 6.23 million ETH, worth $17.57 billion, held by spot ETFs. The largest corporate holders by volume are Bitmine (BMNR), Sharplink Gaming (SBET), and The Ether Machine.