Ethereum Treasuries Attract 1.6% Supply; Lee Predicts $9K–$16K
Ethereum treasuries have gained traction among institutional investors, now holding 1.6% of the circulating ETH supply (826,000 ETH), an 18-fold increase since June. Standard Chartered research highlights that direct treasury holdings, which can earn staking yields of around 3%, offer better returns than passive ETH ETFs that lack staking approval. Analyst Tom Lee forecasts that ETH could surge to $9,000–$16,000, drawing parallels with Bitcoin’s 2017 rally when ETH/BTC ratios peaked. As of the latest data, ETH trades near $3,700, up 2.8% in 24 hours, underscoring resilient market demand. The shift towards Ethereum treasuries underlines growing institutional confidence and reshapes investment strategies by prioritizing yield through staking and DeFi. Traders should watch ongoing treasury accumulation and ETH/BTC ratio trends for signals of a broader price rally.
Bullish
The report signals growing institutional adoption of Ethereum treasuries, which can earn staking yield of ~3%, contrasting with passive ETH ETFs. With firms now holding 1.6% of supply and Tom Lee predicting $9K–$16K, the news is bullish. Similar trends in Bitcoin treasury purchases and ETF approvals have driven substantial price rallies. In the short term, continued treasury accumulation and attractive staking yields may spur buying pressure. Over the long run, institutional confidence could underpin sustained ETH price growth, reinforcing the bullish outlook.