๐จ U.S. spot #Ethereum ETFs now hold more than 5% of the current $ETH supply, according to on-chain data.
๐ The data dashboard shows that Ethereum ETFs hold 6.3M $ETH ($26.7B) in on-chain assets, representing nearly 5.1% of
the ETH's supply.
๐ On Monday, spot ether ETFs saw $196.6M in net outflows, marking the second-largest single-day outflows since their launch, according to SoSoValue.
๐ฐ Before this, these ETFs had reported $3.7B in cumulative inflows during an 8-day positive streak. Their weekly net inflows reached $2.85B last week, compared to $325.8M the previous week.
๐น Ethereum traded down 1.5% in the past 24 hours at $4,239 as of 1:30 a.m. ET Tuesday, according to The Block's price page.
๐ #bitcoin edged down 0.1% to trade at $115,299.
โก๏ธ Meanwhile, spot #bitcoin ETFs saw $121.8M outflows on Monday, compared to $14.1M outflows on Friday.
