Ethereum Market Cap Rises to 29th, Surpasses Costco
- Ethereum surpasses Costco in market cap, now 29th worldwide.
- Significant institutional inflows drive market growth.
- Impacts broader crypto market dynamics.
Ethereum’s market capitalization has surpassed that of Costco, placing it at 29th globally as of July 18, 2025.
The ascent underscores Ethereum’s growing dominance and signals strong confidence from institutional investors, fueling market expansion.
Market Cap and Institutional Interest
Ethereum’s market cap has reached approximately $435-437 billion, surpassing Costco and ranking 29th in global assets.
Major players such as SharpLink Gaming expanded their holdings significantly.
Vitalik Buterin has not commented publicly, but institutional ETFs have driven inflows, notably $2.3 billion over nine days. Legal frameworks like the GENIUS Act fostered optimism. Matt Hougan, CIO, Bitwise, stated, “The inevitability of tokenization is increasingly clear, driven by major institutional investments and changing U.S. regulatory attitudes.” source
Spot Ethereum ETFs in the U.S. broke records, with a single-day inflow of $726 million. The U.S. Congress enabled such momentum through critical legislative support.
Industry enthusiasm is palpable, with expectations of boosted liquidity and trading volume across cryptocurrencies. This growth impacts Bitcoin via correlated actions.
Historical Trends and Future Outlook
The achievement reflects historical market trends such as the 2021 surge, when Ethereum prices neared all-time highs. Regulatory environments continue to shape market dynamics.
Analysts anticipate further institutional interest, while legislative support is expected to stabilize and advance the digital asset market, enhancing Ethereum’s standing.
