"5% of Ethereum Circulating Supply Held by US Spot ETFs"

Source
Son Min

Summary

  • US Ethereum (ETH) spot ETFs have been reported to hold 5.1% of the total circulating supply.
  • This corresponds to about 6.3 million ETH, valued at $2.67 billion.
  • The previous day, US Ethereum spot ETFs saw a net outflow of $196.3 million.

US Ethereum (ETH) spot exchange-traded funds (ETFs) have been found to hold over 5% of Ethereum's circulating supply.

According to The Block on the 19th (local time), US Ethereum spot ETFs currently hold about 5.1% of the circulating supply of Ethereum. This amounts to approximately 6.3 million ETH, valued at $26.7 billion.

Meanwhile, the previous day, US Ethereum spot ETFs recorded a net outflow of $196.3 million.

ETH
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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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