Institutional holdings of Ethereum have surged to 8.3% of its total supply by August 2025, doubling from 3% in April. BitMine Immersion Technologies, a publicly listed company, has significantly increased its Ethereum holdings, acquiring over 135,000 ETH in the past 10 hours, bringing its total to over 1.3 million ETH. The company's chairman, Thomas Lee, aims to hold 5% of the global Ethereum supply. This trend is mirrored by other companies like SharpLink and BTCS, contributing to Ethereum's price surge from $1,385 to $4,788. Daily trading volumes have ranged between $45-49 billion. Wall Street analysts now refer to Ethereum as 'digital oil,' emphasizing its role in blockchain economics and institutional asset allocation. The influx of capital into Ethereum is driven by its utility as a productive asset, offering staking returns and participation in DeFi ecosystems, contrasting with Bitcoin's value storage narrative.