Cryptocurrency Market Forecast: Galaxy CEO Predicts Ethereum Surpassing Bitcoin within the Next 6 Months
In the rapidly evolving world of cryptocurrencies, Ethereum (ETH) is gaining significant traction among public companies as a strategic reserve asset. As of July 2025, several prominent corporations are holding ETH in their treasuries, collectively accounting for over 1 million ETH, worth several billion dollars.
Leading the pack is BitMine Immersion, holding over 560,000 ETH, equivalent to approximately $2 billion. SharpLink Gaming follows closely with around 360,807 ETH, worth about $840 million, making Ethereum its primary treasury reserve asset. This aligns with SharpLink's focus on Web3 and gaming-centric business strategies.
Coinbase Global, a well-known crypto exchange, holds roughly 137,300 ETH, using its Ethereum holdings to support staking and crypto infrastructure services. Bit Digital, another player in the blockchain sector, holds approximately 120,306 ETH, primarily involved in staking and blockchain operations.
BTCS Inc., a company recently bolstered by a large purchase, holds about 55,788 ETH, using its Ethereum holdings for staking and to back its blockchain infrastructure business. GameSquare Holdings, with plans for Ethereum-based NFT and yield strategies, holds around 10,170 ETH. Intchains Group Limited, with holdings split between direct holdings and staking via custodians, holds about 7,023 ETH.
Other notable holders include KR1, Exodus, and The Ether Machine, each with strategic ETH positions. Together, these companies hold over 1,000,000 ETH, representing roughly 0.83% of all ETH in circulation.
This growing institutional adoption reflects Ethereum’s expanding role in public company treasuries and the broader blockchain economy. The ongoing acquisitions and staking strategies of these companies indicate a growing corporate confidence in Ethereum’s Proof-of-Stake mechanism, DeFi ecosystem, and smart contract platform.
The diversified sectors of these companies, including crypto exchanges, gaming technology, blockchain infrastructure, and media, indicate a broadening corporate interest in Ethereum beyond just Bitcoin-focused treasury strategies.
ETH exchange-traded funds (ETFs) in the U.S are experiencing a dramatic influx of investor interest. On July 16, these ETH ETFs posted a record $726 million in net inflows. Major players like BlackRock and Fidelity are capturing the bulk of the demand for these ETFs, with Total Assets Under Management (AUM) for these ETFs surpassing $20 billion.
Mike Novogratz, CEO of Galaxy, predicts that Ethereum (ETH) could outperform Bitcoin (BTC) in the next 3 to 6 months. He remains bullish on both BTC and ETH despite potential shifts in monetary policy. Novogratz believes that if Ethereum crosses the $4,000 mark, it could trigger a strong price discovery.
As of the time of writing, the leading cryptocurrency, BTC, was trading at $115,324, while Ethereum was trading around $3,659, up a slight 1.5% in the last 7 days. Ethereum hit a 2025 high of $3,848 at the beginning of the week. Novogratz predicts that Ethereum's price will hit the $4,000 ceiling several times in the future.
The growing institutional adoption of Ethereum, coupled with the increasing popularity of Ethereum ETFs, underscores Ethereum's potential for significant growth in the future. With corporate confidence in Ethereum at an all-time high, it's an exciting time for the Ethereum ecosystem.
- BitMine Immersion, SharpLink Gaming, Coinbase Global, Bit Digital, BTCS Inc., GameSquare Holdings, Intchains Group Limited, KR1, Exodus, and The Ether Machine are among the public companies investing in Ethereum as part of their treasury strategies.
- Crypto exchanges, gaming technology, blockchain infrastructure, and media companies are among the sectors exhibiting increasing corporate interest in Ethereum rather than just Bitcoin-focused treasuries.
- Institutional adoption of Ethereum is growing, with Ethereum exchange-traded funds (ETFs) experiencing a surge in investor interest, postings record net inflows of $726 million on July 16.
- Major players like BlackRock and Fidelity are capturing the bulk of the demand for Ethereum ETFs, with Total Assets Under Management (AUM) for these ETFs surpassing $20 billion.
