Ethereum treasuries held by 69 entities have surpassed 4 million ETH, valued at over $17 billion. Public companies own approximately 2.6 million ETH, while U.S. spot Ethereum exchange-traded funds hold about 6.7 million ETH, representing roughly 5.5% of the total ETH supply.

Ethereum's stablecoin transactions have surged to a record $908 billion, driven by interest from institutions, tech giants, and notable figures such as Donald Trump. This growth has enhanced Ethereum's status as the leading blockchain for dollar-denominated digital assets, fostering increased competition among companies looking to issue or adopt stablecoins.