Ethereum ETFs Cross $10.86 Billion in Net Inflows Since Launch
The article says Ethereum is becoming increasingly institutionally owned, with ETFs and corporate treasuries now holding nearly 11% of ETH supply. CoinGecko tracks 32 companies holding about 7.8 million ETH, or 6.46% of supply, while BitMine Immersion Technologies is the largest holder at roughly 5.79 million ETH. U.S. spot Ethereum ETFs have accumulated about $10.86 billion in net inflows since launch in July 2024. The piece frames this as evidence of growing institutional demand and a deeper investor base for ETH, though it cautions that ETF and treasury holdings do not mean supply is permanently removed because positions can be redeemed or sold. Overall, the article is bullish for ETH in the near term due to persistent inflows and corporate accumulation.