While ETF money exits, one treasury keeps stacking $ETH .
Bitmine added another 8,573 ETH last week and keeps inching toward owning 5% of supply (CoinDesk). Meanwhile U.S. ether ETFs just logged a record $1.61B monthly outflow for October (SoSoValue).
Corporate buyers and ETF holders are clearly moving in opposite directions. Ether sits near $2,250.
Who ends up being right here: the treasury buyers or the ETF sellers? Curious what you think. Not financial advice.
#Ethereum #ETF #Bitmine
Bitmine added another 8,573 ETH last week and keeps inching toward owning 5% of supply (CoinDesk). Meanwhile U.S. ether ETFs just logged a record $1.61B monthly outflow for October (SoSoValue).
Corporate buyers and ETF holders are clearly moving in opposite directions. Ether sits near $2,250.
Who ends up being right here: the treasury buyers or the ETF sellers? Curious what you think. Not financial advice.
#Ethereum #ETF #Bitmine