According to Odaily, the current ETH staked accounts for 29.39% of the total supply, while spot ETFs and Ethereum DATs hold 5.66% and 4.88% of ETH, respectively. Combined, these three hold 39.93% of the total ETH supply.

Additionally, this week, the Kingdom of Bhutan announced it would build its national identity system on Ethereum. However, the country currently does not hold any ETH. Therefore, it is reasonable to expect that the national reserve may join the bidding for Ethereum. (Cointelegrph)