Standard Chartered has significantly revised its price targets for Ethereum (ETH). The bank raised its 2025 year-end forecast from $4,000 to $7,500 and tripled its 2028 target from $7,500 to $25,000. This optimism stems from the rapidly increasing accumulation of ETH in institutional reserves.
According to Bloomberg Terminal data, these new forecasts are particularly fueled by corporate adoption of Ethereum as a strategic treasury asset. Standard Chartered also cites tokenization projects, stablecoin payments, layer-2 scaling solutions, improvements in staking liquidity, and developments in institutional custody services as key drivers of the long-term rally.
Institutional Ethereum reserves rise
According to StrategicETHReserve data, the total amount of ETH held in institutional reserves (SERs) and ETFs has reached 9.9 million. This figure corresponds to approximately 8.3% of the current supply.
- The 71 companies and organizations within the SER hold a total of 3.57 million ETH ($16.8 billion).
- ETF reserves stand at 6.28 million ETH ($29.5 billion).
ETFs have recorded a net inflow of 124,000 ETH in the last six days.
72 institutions hold 100 ETH or more. At the top:
- Bitmine Immersion Tech – 1.2 million ETH ($5.41 billion)
- SharpLink Gaming – 598,800 ETH ($2.81 billion)
- The Ether Machine – 345,400 ETH ($1.62 billion)
- Ethereum Foundation – 232,600 ETH ($1.09 billion)
- PulseChain Sac – 166,300 ETH ($781.8 million)
- Coinbase – 136,800 ETH ($643 million)
- Bit Digital – 120,300 ETH ($565.6 million)
- Mantle – 101,900 ETH ($478.9 million)
- Golem Foundation – 100,700 ETH ($473.4 million)
- ETHZilla Corporation – 82,200 ETH ($386.4 million) (millions of dollars)
The list also includes major players such as Lido DAO, Arbitrum DAO, Gnosis DAO, U.S. Government, and Aave DAO.
Ethereum Price Approaching Record
ETH is trading at $4,701 at the time of writing. Having gained approximately 28% in the last week, Ethereum is nearing its strongest price levels since its November 2021 peak. The first critical resistance on the technical chart is seen at $4,800. It's also worth noting that at this point, ETH is only 3.8% away from its all-time high of $4,878. The largest altcoin broke this record on November 10, 2021. This means it's nearly four years from reaching its all-time high.
