Demand is 110x greater than supply. There is only one way this ends. 🐬
Net new ETH issuance today: ~2,000 ETH ($6.7 million). Net inflows into the ETH ETFs today: ~221,065 ETH ($717.4 million). The ETH ETFs bought 110x (yes, 110x) more ETH than was net issued by the network today. Accelerate!
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