{"id":46773,"date":"2025-09-04T08:53:53","date_gmt":"2025-09-04T01:53:53","guid":{"rendered":"https:\/\/hbbgroup.net\/ether-exchange-reserves-fall-to-3-year-low-as-etfs-corporate-treasuries-soak-up-supply\/"},"modified":"2025-09-04T08:53:53","modified_gmt":"2025-09-04T01:53:53","slug":"ether-exchange-reserves-fall-to-3-year-low-as-etfs-corporate-treasuries-soak-up-supply","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/ether-exchange-reserves-fall-to-3-year-low-as-etfs-corporate-treasuries-soak-up-supply\/","title":{"rendered":"Ether exchange reserves fall to 3-year low as ETFs, corporate treasuries soak up supply"},"content":{"rendered":"
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Ether reserves on centralized exchanges have fallen to the lowest level in three years as demand grows from investment funds and corporate buyers. <\/p>\n

According to data from CryptoQuant, reserves have dropped<\/a> by nearly 10.7 million ETH since peaking at around 28.8 million in September 2022. Holdings now stand at about 17.4 million ETH, with roughly 2.5 million ETH leaving exchanges in the past three months alone.<\/p>\n

The shrinking supply comes as new channels for Ether exposure have gained traction. Spot ETH exchange-traded funds (ETFs), launched in July 2024, have since attracted net inflows of more than $13 billion, according<\/a> to CoinGlass data. Between June and August, the funds pulled<\/a> in over\u00a0$10 billion in net inflows, led by a record $5.4 billion in July alone.<\/p>\n

Corporate treasuries are also driving demand. Several publicly traded companies have announced ETH treasuries over the past few months, with regular corporate purchases affecting the token’s supply on exchanges.<\/p>\n

Ethereum exchange reserves – All exchanges. Source: CryptoQuant<\/em><\/figcaption><\/figure>\n

Related: <\/strong><\/em>Who owns the most Ether in 2025? The ETH rich list, revealed<\/strong><\/em><\/a>\u00a0<\/a><\/p>\n

ETH Treasury companies on the rise<\/h2>\n

SharpLink Gaming emerged as one of the earliest public companies to pivot its reserves into Ether in 2025. Backed by a $425 million private placement, the company launched a treasury strategy<\/a> in May, with holdings in late August reaching 797,704 ETH<\/a>, worth about $3.5 billion at this writing.<\/p>\n

In July, BitMine Immersion Technologies<\/a> also joined the trend, revealing accumulated about 1.86 million ETH \u2014 roughly 1.5% of the token’s total supply. A third major entrant, The Ether Machine<\/a>, announced in September 495,000 ETH in holdings and an upcoming Nasdaq listing. <\/p>\n