0&&s)if(o){var a,r=(a=e.newCount)>99;s.textContent=r?"99+":a+"",null===(n=s.parentElement)||void 0===n||n.classList.add(Jn)}else s.style.display="block"},f=function(){u.refreshPanel().then(m).then(te).catch((function(){}))};if(e.addEventListener("close-all-menus",(function(){ke(c)||d()})),c){f();var v=setInterval((function(){f()}),3e5);e.onDestroy((function(){clearInterval(v)})),o?l&&l.addEventListener("mouseenter",(function(){p(),null==n||n.show()})):c.addEventListener("mouseenter",(function(){p(),null==n||n.show()})),c.addEventListener("mouseleave",(function(){d(),null==n||n.hide()}))}e.addElementListener(i,"click",(function(){ee("ybar","notification","",{elm:"btn",elmt:"block"===(null==s?void 0:s.style.display)?"newalert":"",subsec:"notification",itc:"1"})})),a&&Se(e,a,"ybar","notification",{elm:"expand",subsec:"notifications",itc:"2"}),e.addElementListener(r,"focusin",(function(){i&&(i.checked=!0),null==r||r.classList.add("ybarMenuOpen")})),e.addElementListener(r,"focusout",d),e.addElementListener(t.tooltipContainer,"focusin",(function(){null==n||n.show()})),e.addElementListener(t.tooltipContainer,"focusout",(function(){null==n||n.hide()}));var y=e.getConfig().device,h=document.getElementById("ybar");h&&h.classList.contains("ybar-ytheme-crunch")&&(io=0);var b=new RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Will CannyWed, September 24, 2025 at 5:28 PM GMT+2 1 min readBitwise Asset Management says ether (ETH) is rapidly cementing its place as a treasury asset.Digital asset treasuries (DATs), once largely bitcoin-centric, are now allocating to ether at scale, creating structural demand that exceeds net new supply, the firm said in a Monday report."ETH treasuries are no longer a side story. They are becoming a structural pillar in crypto's capital markets," analyst Max Shannon wrote.According to Bitwise, that demand is reinforced by real yield from transaction fees and maximal extractable value (MEV), which deepens ether's scarcity narrative.The largest five treasuries, the firm says, reflect a diverse set of strategies, from corporate accumulation and staking to foundations divesting ether to fund ecosystem development.This diversity highlights the cryptocurrency's dual identity as both a reserve asset and a productive, yield-bearing instrument, the report said.Looking forward, Bitwise expects the landscape to consolidate, with “mega whale” and “whale” DATs dominating flows.Ether is carving out a distinctive role, not just as a hedge or speculative play, but as a programmable treasury asset that links corporate finance with on-chain economics, the report added.BitMine Immersion Technologies (BMNR), chaired by Tom Lee, said on Monday that it now controls more than 2% of ether's supply and has raised $365 million to expand its holdings.Read more: Tom Lee’s BitMine Sells Stock at $70 to Raise Additional $365M for ETH TreasuryTerms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,655.00 -4.75 (-0.07%)Dow Futures46,252.00 -16.00 (-0.03%)Nasdaq Futures24,587.00 -42.25 (-0.17%)Russell 2000 Futures2,426.50 -3.50 (-0.14%)VIX16.74 +0.56 (+3.46%)Gold3,767.60 -3.50 (-0.09%)PortfolioSign in to access your portfolioSign inTop gainersLEU Centrus Energy Corp. 312.19 +36.19 (+13.11%)PIII P3 Health Partners Inc. 10.19 +1.10 (+12.08%)BBU Brookfield Business Partners L.P. 31.75 +3.27 (+11.48%)QURE uniQure N.V. 52.65 +5.15 (+10.84%)OPEN Opendoor Technologies Inc. 9.09 +0.86 (+10.45%)Top losersKMX CarMax, Inc. 45.60 -11.45 (-20.07%)CIFR Cipher Mining Inc. 11.64 -2.53 (-17.86%)DGNX Diginex Limited 13.20 -2.55 (-16.19%)FORD Forward Industries, Inc. 28.82 -3.96 (-12.08%)ASTS AST SpaceMobile, Inc. 49.39 -5.11 (-9.38%)Most activeOPEN Opendoor Technologies Inc. 9.09 +0.86 (+10.45%)INTC Intel Corporation 33.99 +2.77 (+8.87%)SNAP Snap Inc. 8.33 +0.11 (+1.34%)RIG Transocean Ltd. 3.1600 -0.4800 (-13.19%)NVDA NVIDIA Corporation 177.69 +0.72 (+0.41%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersCOST Costco Wholesale Corporation 943.31 -1.96 (-0.21%)ORCL Oracle Corporation 291.33 -17.13 (-5.55%)DVLT Datavault AI Inc. 0.8348 +0.1848 (+28.43%)IBM International Business Machines Corporation 281.44 +13.91 (+5.20%)BTC-USD Bitcoin USD 109,410.65 -3,077.80 (-2.74%)Top economic eventsPowered by Money.com - Yahoo may earn commission from the links above.