<ul data-eligibleForWebStory="false"><li>Ethereum is gaining popularity as a treasury asset in publicly traded companies, supplanting Bitcoin in some cases.</li><li>Stocks tied to Ethereum surged more than 25% on July 2, with BitMine and SharpLink Gaming leading the charge.</li><li>BitMine Immersion Technologies and Bit Digital have transitioned to holding Ethereum as their primary reserve, boosting their stock prices significantly.</li><li>Institutional interest in Ethereum is growing, highlighted by record ETF inflows of $40.7 million on July 1, signaling potential for Ethereum to reach new highs.</li></ul>

Ethereum-Backed Stocks Soar After $40 M ETF Inflows, BMNR & SBET Lead Rally

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