The uninterrupted inflows began with the session on May 16, when ETH’s price got stuck between $2,650 and $2,500.
Meanwhile, May 22 marked the inflow record during the period, with $110.5 million added to spot Ethereum ETFs. This was the most significant single-day inflow since Feb. 4.
These entities collectively hold approximately $582.4 million worth of shares based on 13-F filings for the first quarter. Hedge fund managers follow with roughly $244.7 million invested, while brokerages declared a $159.3 million exposure.
Meanwhile, private equity firms reported a combined exposure of $39.8 million, while holding companies and trusts reported $17.2 million and $11.4 million, respectively.