Ethereum’s Resilience Fuels After-Hours Rally in ETH-Linked Stocks
TradingKey – On Thursday, July 31, Ethereum (ETH) staged a sharp V-shaped rebound after briefly dipping below $3,700 in early trading.
The move came despite the Federal Reserve holding interest rates steady for the fifth consecutive meeting, which initially triggered a broad crypto market pullback. ETH quickly recovered and is now trading back above $3,800, reinforcing its strength amid macro uncertainty.
ETH Price Chart – Source: CoinMarketCap
ETH-Linked Stocks Extend Gains in After-Hours Trading
Ethereum’s rebound helped push ETH concept stocks higher in the U.S. after-hours session:
- Bitmine Immersion (BMNR): +4.16% to $35.83
- SharpLink Gaming (SBET): +3.68% to $20.28
- GameSquare (GAME): +1.16% to $0.96
- Bit Digital (BTBT): +1.76% to $2.89
During regular trading hours:
- Bitmine surged nearly 8%
- SharpLink Gaming rose close to 3%
- GameSquare dipped slightly by 0.01%
ETH Treasury Leaders
As of publication, the two largest corporate holders of ETH remain:
- Bitmine Immersion: 625,000 ETH, valued at ~$2.7 billion
- SharpLink Gaming: 438,017 ETH, valued at ~$1.69 billion
These holdings continue to anchor their valuations and attract institutional interest, especially as ETH ETFs and treasury strategies tighten supply.
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