Digital asset treasuries-those hipster public entities slumming it with crypto to give stock investors a taste of digital assets-are ditching Bitcoin like it’s last season’s fad and switching to Ethereum. For the first time ever, Ethereum owns the crown in supply share among DATs. BTC, you’re history, baby!
Ethereum Flips Bitcoin Like a Pancake: Analyst Leon Waidmann’s Proclamation
Ethereum, the “I’m number two but I’m really number one” crypto, just nuked Bitcoin in the institutional buying category. DATs are hoarding 4% of ETH’s supply while BTC limps at 3.6%. That’s like your ex getting 3.6% of your heart back-pathetic.
NEW MILESTONE: ETH > BTC in DAT supply domination! 🚀
ETH treasuries now own 4% of ETH (BTC: 3.6%).
Staking yields? L2 solutions? Tokenized real-world assets? WHO KNEW?!
Serious money prefers ETH. Momentum = unstoppable.
– Leon Waidmann, Prophet of Profit 🐉 (@LeonWaidmann) October 23, 2025
Leon Waidmann, Onchain Foundation’s wizard of wisdom, spilled the tea. Two months ago, BTC had twice the DAT love of ETH. Now? ETH’s got the moves. Waidmann blames BTC’s loss on ETH’s staking magic, L2 growth, and RWA tokenization. Classic ETH-always one step ahead of the game.
“Serious money prefers ETH. Momentum likely continues.”
– Leon Waidmann, Soothsayer of the Blockchain 🧙♂️
As U.Today previously revealed, Tom Lee’s Bitmine Immersion and Joseph Lubin’s Sharplink Gaming are the OG ETH DATs. Together, they hold $10B in ETH. That’s enough to buy Bitcoin a new hat… or a therapy session.
Solana (SOL) DATs Hit $4B-Because Why Not?
Some “analysts” noted ETH is still trading below its all-time high. Translation: ETH’s got room to flex harder. DATs are blowing up because they’re the perfect way for family offices and pension funds to play the crypto game without actually holding crypto. Win-win, am I right?
Solana’s DATs are now the party crashers. Capital Markets says 20+ companies added SOL to their balance sheets. Who’s counting? Not us. Just enjoy the chaos.
Think Solana’s only for retail? Think again. 💸
~$4B in SOL locked by public companies. Here’s the list:
– Forward Industries (FORD)
– Sharps Technology (STSS)
– DeFi Development Corp (DFDV)
– Solana… (insert joke here)– Capital Markets, SOL’s Hype Man 🚀 (@capitalmarkets) October 22, 2025
Total SOL in DATs? Over $4B. That’s enough to buy Ethereum a yacht and Bitcoin a life lesson. 🛥️😏
Read More
- Gold Rate Forecast
- FET PREDICTION. FET cryptocurrency
- Mysterious Forces Ignite Cardano: Bitcoin Bridges, ETF Rumors & the Crypto Peasant Rebellion
- Brent Oil Forecast
- EUR VND PREDICTION
- Silver Rate Forecast
- CleanSpark’s AI Leap: From Bitcoin to Brainy Servers 🤖💸
- Will Ripple’s Big Move Ignite XRP Price After the Crypto Plunge?
- 🤑 Melania’s Crypto Saga: A Tale of Pomp, Plunder, and Plunging Prices! 💎✨
- UK Crypto Craze: ETF Avalanche Hits London! 😏📈
2025-10-23 17:06