The post Ethereum’s Biggest Holders in 2025: Exchanges, Funds, and Key Investors appeared first on Coinpedia Fintech News

Ethereum’s performance this season has been nothing short of spectacular. It has outpaced even Bitcoin, attracting huge interest from investors, exchanges, and institutions alike.

From major ETFs and corporate treasuries to early adopters, a mix of players now control the largest shares of ETH.

But who owns the most Ethereum? Let’s break it down.

A Look at Ethereum’s Supply

According to data from Coinbase, Ethereum’s total circulating supply stands at 121 million ETH. Unlike Bitcoin, Ethereum doesn’t have a fixed supply cap. However, upgrades like EIP-1559 burn a portion of transaction fees, slowly reducing the amount of ETH in circulation over time.

One of the biggest holders of ETH isn’t a person or a company. According to Etherscan, the Beacon Deposit Contract alone holds about 68



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FAQs

Who is the largest holder of Ethereum?

The Beacon Deposit Contract holds the most ETH (68.2M), representing over 56% of supply, as it secures the proof-of-stake network via staking.

Which institutions hold significant Ethereum?

Coinbase (5.3M ETH), Binance (4.2M ETH), and BlackRock (3.2M ETH) are top holders. ETFs like iShares (3.8M ETH) also hold major stakes.

Do celebrities own Ethereum?

Yes. Figures like Donald Trump, Mark Cuban, and Justin Bieber hold substantial ETH, reflecting its mainstream appeal beyond institutional investors.

How much Ethereum do corporate treasuries hold?

Corporate treasuries hold ~3.3M ETH (2.75% of supply). Bitmine leads with 1.8M ETH, followed by SharpLink Gaming (798K ETH).