Analysts at Bernstein have noted a growing trend: more and more companies are choosing Ethereum-based treasuries as a tool for storing and growing capital. Unlike Bitcoin, Ethereum offers staking opportunities, allowing for regular income from asset placement in the network.
This is reported by Finway
Advantages of Staking for Corporate Investors
According to Bernstein’s analytical report, companies prefer Ethereum due to its staking functionality, as Bitcoin does not offer such a tool. Analysts calculated that a corporate treasury with $1 billion in Ethereum could generate between $30 million and $50 million in annual income, considering the current yield of around 3%. Among the companies already implementing such strategies are BitMine Immersion Technologies (BMNR) and SharpLink Gaming (SBET).
“Ethereum-based treasuries have a new strategy: to view Ethereum not just as a storage asset, but as capital that generates income,” the report states.
At the same time, Bitcoin models remain focused on liquidity and passive storage, while Ethereum allows companies to earn additional income through staking. As of July 24, 2025, the top 10 public companies held over 1.002 million ETH. SharpLink Gaming is particularly active in increasing its portfolio, which reached 438,017 ETH by July 28, according to Arkham Intelligence.
Risks and Development Prospects
Despite the attractive yields from Ethereum staking, experts warn of increasing risks. Unlike Bitcoin, exiting staking can take several days, raising risks during periods of market volatility. The use of more complex strategies, such as restaking or DeFi farming, poses additional threats to the security of smart contracts and increases operational complexity.
Bernstein analysts emphasize that key players will only be able to effectively balance profitability and security if a reliable infrastructure for asset storage and risk management is developed. The structural demand for Ethereum remains high: about 30% of the total Ethereum supply is already staked, another 10% is locked in DeFi, and capital is actively flowing in through ETFs.
From July 21 to July 25, 2025, Ethereum-based exchange-traded funds attracted investments totaling $1.85 billion, indicating a growing interest in this asset among large investors.