Ethereum News Update: Institutions Move Treasury Assets to Ethereum Amid Declining Bitcoin Dominance

Ethereum (ETH) is once again catching the eye of institutional investors as

Technologies (BMNR) has further increased its treasury reserves, acquiring 44,036 ETH valued at $166 million during a recent downturn, according to . With this move, the company now possesses 3.31 million ETH—roughly 2.8% of the total supply—making it the world’s second-largest digital asset treasury (DAT) after MicroStrategy’s holdings, as reported by . This assertive accumulation aligns with a broader trend of institutions shifting focus from Bitcoin to . Notably, Ethereum ETFs outpaced Bitcoin ETFs in quarterly inflows for the first time in 2025, according to .

BitMine’s chairman, Thomas Lee, explained that the company’s approach is influenced by improving trade relations between the U.S. and China, as well as a normalization of ether derivatives open interest to levels seen earlier in the year, as detailed by Yahoo Finance. The firm’s total assets stand at $14.2 billion, which includes $305 million in unrestricted cash and smaller investments in Bitcoin and

. Lee highlighted the company’s “alchemy of 5%” initiative, aiming to control 5% of the total ether supply—a milestone now within reach, according to FXStreet.

Market reactions to these moves have been varied. While Ethereum ETFs attracted $9.6 billion in new investments in Q3 2025, spot ETFs experienced two consecutive weeks of $555 million in outflows during October, as noted by

. This split underscores a divergence in investor strategies, with corporate treasuries ramping up direct ETH purchases even as retail interest appears to be cooling. According to Bitcoinist, BitMine’s latest $166 million buy, together with other institutional holdings, now represents nearly 4.94% of all circulating ETH.

From a technical perspective, Ethereum is at a pivotal point. The price has remained above $4,000 but is still facing resistance at $4,270. Analysts suggest that a move above $4,250 could spark a rally toward $5,270–$5,940, while failing to break through may lead to a drop back to $3,700, as reported by Yahoo Finance. Institutional engagement has strengthened this outlook, with ether derivatives open interest jumping 11.7% in just 24 hours, according to Bitcoinist. On-chain metrics also reveal renewed accumulation by large holders, reflecting growing confidence in Ethereum’s future, as per

.

Zooming out, Ethereum’s role in the market continues to evolve. As institutions increasingly seek yield-generating assets and on-chain innovation, Ethereum’s applications in DeFi and layer-2 solutions are becoming more prominent, a trend emphasized by TradingView. This stands in contrast to Bitcoin’s primary function as a store of value, with Ethereum ETFs now drawing more capital than Bitcoin’s for the first time in 2025, according to the TradingView report.