Ethereum ETFs to Surpass Bitcoin ETFs by September
As of August 19, Bitcoin ETFs hold about 6.38% of the total BTC supply. The Bitcoin ETF continues to dominate institutional inflows. Ethereum ETFs account for 5.08% of all ETH in circulation. This data comes from Dragonfly’s analyst hildobby and underscores rising demand for cryptocurrency ETFs. If current trends continue, the Ethereum ETF share of total ETH will exceed the Bitcoin ETF share by September. A milestone like this could boost Ethereum’s market positioning and validate its role for institutional investors. Tracking ETF supply holdings remains a key barometer for market sentiment in crypto.
Bullish
The projection that Ethereum ETFs will surpass Bitcoin ETFs in supply holdings signals stronger institutional demand for ETH. Historically, ETF inflows have correlated with positive price movements for both BTC and ETH. In the short term, market participants may increase ETH buying in anticipation of higher ETF allocations. Over the long term, sustained ETF adoption could drive deeper liquidity and price support. Similar trends followed the launch of Bitcoin ETFs in 2021, which contributed to bullish price momentum. Therefore, this news is likely bullish for Ethereum and the broader crypto market.