US Spot Ethereum ETFs Now Control Over 5% of ETH Supply
Ethereum continues to make waves in the cryptocurrency market, and recent data reveals a significant development: U.S.-listed spot Ethereum exchange-traded funds (ETFs) now hold more than 5% of the total Ethereum (ETH) supply. This milestone indicates increasing institutional interest in Ethereum and could have a substantial impact on the cryptocurrency’s market dynamics.
Ethereum ETFs: A Growing Trend
Spot Ethereum ETFs allow investors to gain exposure to Ethereum without directly purchasing or holding the cryptocurrency.
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