Spot ETFs & Corporate Holdings Drive ETH Supply Surge

Ethereum’s circulating supply has witnessed a significant shift, with institutional investors and corporate treasuries playing a dominant role in accumulating the digital asset. Data indicates that spot Ethereum exchange-traded funds (ETFs) now control over 6.3 million ETH, exceeding 5% of the total supply, while corporate treasury holdings have accumulated over 4 million ETH, further solidifying their presence in the market. Recent acquisitions by entities like BitMine are further driving this trend, indicating a strategic shift towards long-term investment strategies.