Ethereum's issuance rate has significantly increased in Q2 2024, adding 120,818 ETH. This rise has led to concerns about potential price drops, despite the upcoming launch of five Ethereum spot ETFs approved by the SEC. Analysts warn that continuous supply growth could reverse Ethereum's deflationary trend seen since the 2022 Merge. Currently trading at $3,507, ETH might face a downturn as the ETF novelty fades. #Ethereum #ETH #Crypto #ETF #Blockchain