Ethereum Holdings Soar: Reserve Entities and ETH Spot ETFs Now Control 9.2% of Supply (~$51B)

Ethereum supply concentration reached 9.2% of circulating ETH, per strategicethreserve data reported by COINOTAG on August 28. The breakdown shows 70 Ethereum Reserve Entities controlling 3.6% of supply (approximately $19.96 billion), while the ETH Spot ETF holds 5.6% (approximately $30.99 billion).

From a market-structure standpoint, a 9.2% allocation across institutional reserves and ETFs has measurable implications for liquidity and price discovery. Investors and analysts should incorporate these verified custody and fund figures into assessments of supply-side constraints and potential impacts on ETF inflows, relying on primary reports for diligence.