Holdings are within PayPal only
There is currently no option to transfer cryptocurrency funds from a user’s PayPal account. If you want more control over your ETH private keys and flexibility to use ETH on other platforms, another method of purchase may be more suitable.
That being said, in May 2021 PayPal did announce that it would be integrating with third-party cryptocurrency wallets to allow users to transfer Bitcoin from the platform soon. It is not clear whether Ether will also be applicable for transfer.