Ethereum ETFs Attract $10.86 Billion in Net Inflows Since Launch

Since their launch in July 2024, U.S. spot Ethereum ETFs have pulled in about $10.86 billion in net inflows, with a combined total of nearly 11% of Ethereum's total supply now held by these funds and corporate treasury firms.

CoinGecko tracks 32 companies that hold Ethereum on their balance sheets, controlling around 7.8 million ETH, or roughly 6.46% of the total supply.

The largest corporate holder is BitMine Immersion Technologies, with approximately 5.79 million ETH, representing close to 4.8% of Ethereum's total supply. Chairman Tom Lee has stated that the company aims to reach 5% of ETH's supply.

Analysts caution that this trend reflects growing institutional demand and not permanent supply removal. ETF shares can be redeemed, and treasury companies can sell or transfer their holdings depending on strategy.