U.S. spot Ethereum exchange-traded funds (ETFs) now hold over 5% of the circulating ETH supply, underscoring the growing influence of crypto investment products. On-chain data shows that Ethereum ETFs collectively hold 6.3 million ETH, worth $26.7 billion, representing 5.1% of total supply.

Monday saw a sharp reversal with $196.6 million in net outflows, the second-largest single-day withdrawal since launch. Despite this setback, Ethereum ETFs had previously recorded an impressive eight-day inflow streak, attracting $3.7 billion overall. Last week alone, net inflows surged to $2.85 billion, significantly higher than the $325.8 million logged the week before.