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𝑭𝒊𝒓𝒔𝒕 𝒅𝒂𝒚 𝒕𝒓𝒂𝒅𝒊𝒏𝒈 𝒐𝒇 𝑬𝑻𝑯 𝑬𝑻𝑭𝒔
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➬ Total ETH bought: 30,583
➬ Total ETH issued in 2024: 51,120
In just one trading day, #Ethereum ETFs bought 60% of the newly mined ETH in 2024
This is even more bullish than BTC ETFs
Remember that ETH has:
➜ No miners selling pressure
➜ No dump from Mt. Gox and governments
➜ Provide consistent yield
➜ Has lower inflation than BTC
We're not prepared for $ETH biggest pump