# This Week in Crypto: Ethereum turns 10 & Strategy posts record Bitcoin profits

> This week in crypto celebrates Ethereum's anniversary and notable Bitcoin profits, showcasing the industry's rapid evolution.

News · 3 min read

Published 1 August 2025 Updated 15 February 2026

This week in crypto, the industry reached several defining moments that highlight its accelerating maturity. [Ethereum](/buy/eth/) marked its 10th anniversary, reinforcing its evolution from a groundbreaking smart contract platform into an institutional-grade asset now capturing Wall Street’s attention. Meanwhile, Bitcoin’s standing as a corporate reserve asset was bolstered by Strategy’s record-breaking profits and plans for further accumulation, while U.S. regulators moved toward clearer digital asset policies with the launch of the SEC’s “Project Crypto.” Together, these developments showcase crypto’s deepening ties with institutional finance and its ongoing transformation into a core component of the global financial system.

Ethereum’s 10th anniversary highlighted its journey from the launch of smart contracts in 2015 to becoming the backbone of decentralised finance, NFTs, and tokenisation. Key milestones over the past decade include the introduction of the ERC‑20 and ERC‑721 token standards in 2017, the Merge in 2022 which transitioned Ethereum to Proof‑of‑Stake and cut its energy use by over 99%, and the 2024 Dencun upgrade, which enhanced scalability and reduced costs across Layer‑2 networks. These advancements have solidified Ethereum’s position as the world’s second-largest cryptocurrency, outperforming rivals like [Solana](/buy/sol/) and [XRP](/buy/xrp/) that once posed competitive threats.

Institutional interest in Ethereum accelerated after its first U.S. spot ETF launched in July 2024. While early flows were modest, demand has built steadily as investors recognised ETH’s dual role as both a critical piece of digital infrastructure and a yield-generating investment through staking. This week saw further validation of this trend as SharpLink Gaming purchased another 77,210 ETH, pushing its holdings past 360,000 ETH. Public company ETH holdings have now surpassed US$3 billion, a clear indicator that Wall Street is increasingly viewing Ethereum as an institutional vehicle rather than purely a technology play.

[Bitcoin](/buy/btc/) also remained in focus as Strategy, the largest corporate holder of BTC, posted a record US$10 billion Q2 profit, reversing prior losses and driven by US$14 billion in unrealised Bitcoin gains. The company added US$2.5 billion in BTC during the quarter, raising its holdings to 597,000 BTC, roughly 2.8% of Bitcoin’s circulating supply. Strategy also announced plans to raise US$4.2 billion to buy even more BTC. While shares dipped 1.4% in after-hours trading amid concerns about dilution, CEO Phong Le described the company as “the most misunderstood and undervalued stock in the market,” reinforcing Strategy’s conviction in Bitcoin’s role as a treasury-grade reserve asset.

Regulation saw a pivotal moment as SEC Chair Paul Atkins unveiled “Project Crypto,” a plan to modernise U.S. oversight of digital assets. The initiative aims to clarify token classifications, establish guidelines for tokenised securities, and streamline compliance frameworks. It also includes a dedicated Crypto Task Force to address staking rules and self-custody rights while working closely with industry stakeholders. This shift away from enforcement-driven policies has been well-received by industry leaders, who view it as a move that could unlock further institutional participation and position the U.S. as a leader in digital finance innovation.

Web3 and decentralised applications continued to develop, with [BONK](/buy/bonk/) gaining attention after being added to Grayscale’s institutional watchlist, boosting liquidity and trading activity. Its ongoing token-burning initiatives and integrations across Solana’s dApp ecosystem signal a shift towards tokens with tangible use cases. Broader Web3 partnerships and ecosystem growth further highlight how the sector is steadily advancing beyond speculation toward more sustainable, real-world adoption.

Ethereum’s anniversary, rising ETF-driven inflows, Strategy’s Bitcoin expansion, and the SEC’s regulatory pivot collectively demonstrate crypto’s transition into a mature, institutionally recognised asset class. As regulatory clarity improves and institutional activity deepens, crypto is steadily embedding itself as an integral part of the global financial system.

**More news stories circulating the block:**

- Binance coin [BNB](/buy/bnb/) hits a new all-time high

- PayPal launches crypto checkout for US merchants

- Jito Labs, VanEck and Bitwise push for Solana liquid staking

- [Pyth Network](/buy/pyth/) adds real-time onchain pricing for Hong Kong stocks

- Grove targets $250M in tokenised real-world assets on [Avalanche](/buy/avax/)

- [Solv Protocol](/buy/solv/) debuts BTC yield vault for institutional holders

About the editorial team

The Digital Surge Editorial Team

Our editorial team writes and reviews Digital Surge’s news, insights and crypto guides, pairing plain-English explanations with the practical experience of running an [Australian cryptocurrency exchange](/about-us/). We keep every article accurate, current and easy to act on.

[Read our editorial guidelines ›](/editorial-guidelines/)

News & Insights

## More from News

[News This Week in Crypto: ASIC extends digital asset licensing relief ASIC extends digital asset licensing relief, Strategy faces funding pressure, US lawmakers question AI investing, and Base resumes after an outage. Read article →](/news/this-week-in-crypto-asic-extends-digital-asset-licensing-relief/)[News This Week in Crypto: Strategy’s Bitcoin bet faces a new test Strategy's STRC preferred stock falls below par value, Australia's crypto Travel Rule takes effect 1 July, SpaceX settles after its record IPO debut, and Read article →](/news/this-week-in-crypto-strategys-bitcoin-bet-faces-a-new-test/)[News This Week in Crypto: SpaceX goes public SpaceX completes the largest IPO in history, Strategy resumes Bitcoin buying, lawmakers debate the CLARITY Act, and StarkWare and Sui launch new privacy Read article →](/news/this-week-in-crypto-spacex-goes-public/)  [View all News →](/news/)

## Get started on Digital Surge

---

*Source: [This Week in Crypto: Ethereum turns 10 & Strategy posts record Bitcoin profits](/news/this-week-in-crypto-ethereum-turns-10-strategy-posts-record-bitcoin-profits/) · Last updated: 2026-02-15*
