Corporate interest in Ethereum is rapidly growing, with institutional treasuries now holding 1% of ETH’s circulating supply, according to a report from Standard Chartered. The bank forecasts this could rise to 10% over time, marking a tenfold increase in corporate participation.

Companies like BitMine Immersion Technologies and SharpLink Gaming have begun adopting ether treasury strategies that generate passive income through ETH staking. Unlike bitcoin, ETH offers staking rewards, currently around 3%, and access to decentralized finance tools, giving it a unique advantage for corporate portfolios. The bank noted that ETH buying activity now rivals inflows into spot ether ETFs, which are also seeing record demand.

ETH has outperformed bitcoin in recent months, with the ETH/BTC ratio climbing from 0.018 in April to 0.032 in July. Standard Chartered believes this trend signals a longer-term shift in institutional crypto strategy. The bank maintained its year-end price target of $4,000 for ETH, which was trading around $3,830 at the time of the report.