Bitwise: 95% of all ETH currently held by listed companies was purchased in Q3 of this year

"95% of all ETH currently held by public companies was purchased in the third quarter of this year," Bitwise Invest said on Wednesday, referring to the $19.13 billion held in public company reserves, which represents approximately 4% of the total supply. Bitwise data shows that as of September 30, public companies held 4.63 million ETH on their balance sheets, of which approximately 4 million were newly acquired in the third quarter.