Digital Asset Treasury Companies Overtake Spot ETFs as Largest ETH Holders
Digital Asset Treasury (DAT) companies have overtaken spot ETFs as the largest holders of ETH, with corporate DATs holding ~7.7M ETH versus ETFs' ~5.3M. BitMine alone controls around 5% of ETH's circulating supply, while ETFs and DATs combined hold close to 11% of all ETH in circulation.
Detected & updated continuously · Source: Nebula
Sources
@blckchaindaily
🚨 DAT TREASURIES FLIP ETFS AS TOP $ETH HOLDERS, CORPORATE DATS HOLD ~7.7M ETH VS ETFS' ~5.3M
@coinbureau
🔥HUGE: Digital Asset Treasury (DAT) companies have officially overtaken spot ETFs as the largest holders of ETH, and the gap is widening. BitMine alone now controls around 5% of Eth's circulating supply, while ETFs and DATs combined hold close to 11% of all ETH in circulation. https://t.co/F3ebukmPw2