On-chain analytics indicate that the amount of Ethereum held by the U.S.-based Ethereum exchange-traded fund (ETF) has surpassed 5% of the current total supply. Precisely, the ETF's Ethereum holdings have reached 6.3 million coins (valued at $26.7 billion), constituting approximately 5.1% of the total supply. Notably, on Monday, according to SoSoValue data, the Ethereum ETF witnessed a net outflow of $196.6 million, marking the second-largest single-day outflow since its inception.
