ETF Store President Discloses 1.6% ETH Supply Purchase by Treasury and Spot ETF

BlockBeats reported on August 7 that since early June, the Ethereum treasury company and the Ethereum spot ETF have collectively acquired approximately 1.6% of the current ETH supply.

ETH

Summary

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Terms & Concepts
  • ETH: The native cryptocurrency of the Ethereum network.
  • Spot ETF: An exchange-traded fund that tracks the current market price of an asset rather than using futures.