Listed companies are increasingly adopting Ethereum treasury strategies, with BitMine Immersion Technologies leading the charge, holding 4.6 million ETH valued at approximately $10 billion, aiming for 5% of circulating supply. Sharplink follows closely behind, holding 869,154 ETH valued at $1.86 billion, making it the second-largest public holder. Currently, public entities collectively hold over 7.3 million ETH valued at over $16 billion, representing more than 6% of total supply.

#eth

Influenced by Grayscale's submission of an application for the "Grayscale HYPE ETF," Hyperliquid's native token HYPE has surged nearly 6% over the past week, breaking through $40. This decentralized exchange has gained widespread popularity for its commodities trading, with its S&P 500 index derivatives contracts reaching $100 million in daily trading volume shortly after launch. Meanwhile, Bitcoin's price has held steady near $70,943, while Ethereum and Ripple have seen modest gains.