Ethereum exchange-traded funds (ETFs) in the U.S. have quickly become major players in the crypto market. As of now, U.S. spot Ethereum ETFs collectively hold over 6.3 million ETH, valued at approximately $26.7 billion. This represents a significant 5.1% of the total circulating Ethereum supply.
This rapid accumulation highlights the growing influence of crypto investment products, particularly among institutional and retail investors seeking exposure to Ethereum without directly holding the asset.
Ethereum ETFs See Impressive Inflow Momentum
Over the past few weeks, Ethereum ETFs have seen a surge in demand. Investors poured in $3.7 billion during an eight-day inflow streak, signaling strong interest in the digital asset. Just last week alone, net inflows reached an impressive $2.85 billion—far outpacing the $325.8 million recorded the week prior.
This momentum has been largely driven by the growing acceptance of crypto ETFs as legitimate investment vehicles, alongside optimism surrounding Ethereum’s evolving use cases and upgrades.
$196.6 Million Pulled in Second-Largest Daily Outflow
Despite the bullish trend, Monday brought a sharp reversal. The market saw $196.6 million in net outflows—the second-largest single-day withdrawal since the launch of these products. While this pullback could be due to short-term profit-taking or broader market sentiment shifts, it hasn’t overshadowed the overall positive inflow trend seen in recent weeks.
The combination of consistent inflows and Ethereum ETFs now controlling over 5% of ETH’s supply underscores a pivotal shift in how investors are gaining exposure to crypto. As adoption grows, the role of institutional products like ETFs will likely become even more prominent in shaping Ethereum’s market dynamics.
