Ethereum ETF Holdings Reach New Highs, Representing 8% of Total Supply

Recent data reveals a significant shift in the ownership landscape for Ethereum (ETH). According to Strategic ETH Reserve.xyz, Ethereum ETFs and corporate reserves now control nearly 8% of the total ETH supply. This marks a substantial increase from early April, highlighting the growing mainstream acceptance of the second-largest cryptocurrency. This rapid acceleration is attributed to diverse factors, including diversification strategies and long-term growth potential.