$ETH ETFs Hold Over 5% of Total Supply
U.S. spot
$ETH #ETF now control 5.08% of the total
$ETH supply, holding 6.3 million tokens worth $26.7 billion. This milestone represents significant institutional adoption of
$ETH through regulated investment vehicles.
The funds experienced $196.6 million in net outflows on Monday, marking the second-largest single-day exodus since launch. This followed an impressive eight-day positive streak that brought $3.7 billion in cumulative inflows.
Weekly net inflows reached $2.85 billion last week, compared to $325.8 million the previous week. Digital asset treasuries control over 2% of the total
$ETH supply, showing continued institutional accumulation.
$ETH traded down 1.5% to $4,239 while
$BTC edged down 0.1% to $115,299. The
$ETH ETF holdings demonstrate growing institutional confidence in the second-largest #cryptocurrency by market cap.
