Ethereum spot ETF holdings $27.73 billion

OpenPR said on June 1 that spot Ethereum ETF holdings had reached $27.73 billion, a sum it described as 5.31% of Ether’s total market value. The figure adds to evidence that exchange-traded funds now control a meaningful share of the token through regulated investment vehicles rather than direct on-chain ownership. Independent tracker pages reviewed on June 1 showed Ethereum ETF assets under management in the low-to-mid teens of billions of dollars for listed U.S. products, with BlackRock’s ETHA and Grayscale’s ETHE among the largest funds. (coinmarketcap.com) The OpenPR piece also drew a distinction between fund ownership and direct token ownership. It said ETH holders do not directly receive revenue generated by those funds, a point that matters in debates over staking, custody and how institutions structure Ethereum exposure. ### How large is ETF ownership relative to the Ethereum market? OpenPR put the number at $27.73 billion, or 5.31% of Ether’s market value, in its June 1 report. CoinMarketCap’s Ethereum ETF page, also reviewed June 1, showed total AUM around $14 billion and listed “AUM as a Percentage of Market Cap” at roughly 5.70%, indicating that ETF ownership has reached several percentage points of the network’s market capitalization even across different data methodologies. (coinmarketcap.com) CoinMarketCap’s page listed BlackRock’s iShares Ethereum Trust ETF at about $7.21 billion of AUM, Grayscale’s Ethereum Staking ETF Shares at about $3.46 billion, and Fidelity’s Ethereum Fund at about $1.34 billion. (coinmarketcap.com) Blockworks’ June 1 tracker showed similar fund-level totals, with ETHA at $7.21 billion, ETHE at $3.46 billion and FETH at $1.34 billion. ### Which funds account for most of the assets? BlackRock and Grayscale accounted for the biggest published balances on the tracker pages reviewed. CoinMarketCap showed ETHA with about $7.21 billion and ETHE with about $3.46 billion, while Blockworks listed the same two funds at the top of its spot Ethereum ETF table. (coinmarketcap.com) Fidelity also ranked among the larger holders. Blockworks listed Fidelity’s FETH at about $1.34 billion in AUM, and CoinMarketCap showed a nearly identical figure. Smaller spot products from Bitwise, VanEck, Franklin and 21Shares were each well below the top three by assets on the same pages. (coinmarketcap.com) ### Why does the revenue point matter for ETH holders? OpenPR said ETH holders do not directly capture revenue generated by ETF structures. That distinction separates owning Ether in a wallet from owning shares in a fund that charges fees, uses custodians and may pursue staking or other operational arrangements at the fund level rather than passing economics through to the broader base asset. (coinmarketcap.com) CoinMarketCap’s fund listings underscored that structure by showing management fees attached to the products, including 0.25% for BlackRock’s ETHA, 2.50% for Grayscale’s ETHE and 0.25% for Fidelity’s FETH. (coinmarketcap.com) Those fees belong to the fund structure, not to ETH holders outside the ETF wrapper. ### Are current data sources fully aligned on the total? June 1 tracker pages were directionally consistent but not identical. CoinMarketCap showed total Ethereum ETF AUM around $14 billion for the products on its page, while Blockworks showed total market capitalization of about $9.88 billion across its tracker and fund-level AUM figures that matched major issuers. (coinmarketcap.com) OpenPR’s $27.73 billion figure appears to reflect a broader holdings calculation than the listed U.S. spot-fund AUM visible on those tracker pages. That means readers should treat the percentages and totals as dependent on methodology. The common point across the June 1 data is that Ethereum ETFs now represent a material share of Ether exposure held through exchange-traded products. ### Where can investors watch the next updates? CoinMarketCap, Blockworks and CoinGlass all updated Ethereum ETF pages on June 1 with fund-level assets, flows and market-share data. BlackRock’s ETHA, Grayscale’s ETHE and Fidelity’s FETH remain the main products to watch for the next published changes in holdings and flows. (coinmarketcap.com)