@harmoniczen
The shrinking supply comes as new channels for Ether exposure have gained traction. Spot ETH exchange-traded funds (ETFs), launched in July 2024, have since attracted net inflows of more than $13 billion, according to CoinGlass data. Between June and August, the funds pulled in over $10 billion in net inflows, led by a record $5.4 billion in July alone.
Corporate treasuries are also driving demand. Several publicly traded companies have announced ETH treasuries over the past few months, with regular corporate purchases affecting the token's supply on exchanges.
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