Spot Ethereum
$4,244 ETFs in the US hold more than 5% of the ETH supply according to blockchain data. SoSoValue reports that these ETFs’ on-chain assets have increased to 6.3 million ETH, valued at $26.7 billion. This amount corresponds to approximately 5.1% of the total Ethereum supply. However, there was a net outflow of $196.6 million from spot ETFs on Monday, marking the second highest single-day outflow since their launch. On the same day, spot Bitcoin 
$115,065 ETFs experienced a $121.8 million outflow.
Exceeding the 6.3 Million ETH Threshold in ETFs
According to data by SoSoValue, the amount of ETH held by US spot Ethereum ETFs has reached 6.3 million coins. This level, representing about 5.1% of the circulating supply of ETH, demonstrates the significant achievements of these ETFs in a short time. The numbers clearly reflect the influence of these exchange-traded funds on the Ethereum market.
In terms of price, ETH is trading at $4,249 with a 0.65% decrease over the last 24 hours, as reported by CryptoAppsy. During the same period, BTC is trading at $115,055, reflecting a 0.32% decrease.
Eight-Day Inflow Streak in Ethereum ETFs Breaks
The $196.6 million net outflow from Ethereum ETFs on the first day of the week registered as the second largest daily outflow since their inception. Prior to this, there was a cumulative inflow of $3.7 billion into the ETFs over eight trading days. On a weekly scale, net inflows increased to $2.85 billion last week, up from $325.8 million the previous week.
Spot Ethereum ETF’leri 18 Ağustos Karnesi On the Bitcoin side, a $121.8 million outflow was observed from spot ETFs on Monday. Following a $14.1 million outflow on Friday, the growing figures reflected a shift in fund flows. Daily and weekly data reveal moments when fund movements in the two major cryptocurrencies paralleled each other.
