Crypto Treasuries Add $25B in Q3 as Ethereum Leads Growth

- Crypto treasuries surged by $25 billion in Q3 2025, more than doubling the previous quarter. - Ethereum treasuries dominated growth, outpacing Bitcoin and Solana due to staking yields and strategic inflows. On September 17, 2025, Cryptopolitan reported that crypto treasuries increased their holdings by a remarkable $25 billion during Q3 2025. This surge marked a sharp rise from the previous quarter, with Ethereum-based treasuries leading this growth and significantly outperforming their peers. In contrast, Bitcoin faced valuation challenges, while Solana attracted notable institutional interest. According to Cryptopolitan on September 17, Ethereum accounted for the majority of new inflows due to its staking yields, scalability advantages, and structured purchasing strategies. Companies managing Ethereum treasuries drove 54% of this growth, and 11 public entities collectively held more than 3.5 million ETH, valued at approximately $15.8 billion. In comparison, Bitcoin treasuries faced headwinds despite their sizeable base. On-chain data showed that 114 U.S.-based firms collectively held about 1.5 million BTC, valued at over $175 billion. However, some Bitcoin-focused treasury firms traded at a discount relative to their holdings. Analysts from TD Cowen noted that four of the 13 Bitcoin treasury firms traded below their perceived fundamental value, a trend that reflects valuation pressures. Meanwhile, Solana saw strong institutional inflows, as 17 entities amassed reserves worth over $4 billion. High-profile initiatives, including Forward Industries' $1.65 billion Solana reserve and Helius’ planned $500 million treasury, attracted backing from leading asset managers. According to Cryptopolitan, these efforts bolstered investment in Solana’s ecosystem and amplified momentum in decentralized finance (DeFi). Market data from CoinMarketCap on September 17, 2025, reflected these trends. As of 16:09 UTC, Ethereum (ETH) traded at $4,485.58, with its 24-hour trading volume increasing by 0.49%. In comparison, Bitcoin (BTC) traded at $115,721.29 as its 24-hour volume decreased by 0.08%. Solana (SOL) was trading at $233.77, marking a 1.78% decline in 24-hour trading activity.