Ethereum ETFs See Major Outflows After Record Inflows, Still Hold 5% of Supply
Reading Time: < 1 minute
After accumulating 5.1% of ETH’s circulating supply (6.3 million ETH worth $26.7 billion), US spot Ethereum ETFs recorded $196.6 million in Monday outflows – their second-largest single-day withdrawal since launch.
This follows an eight-day inflow streak totaling $3.7 billion, with last week alone seeing $2.85 billion in net inflows versus $325.8 million the prior week. Digital asset treasuries hold another 2% of ETH supply per Coinbase.
ETH price dipped 1.5% to $4,239 while BTC remained stable at $115,299 in early Tuesday trading.
Follow and like us on
