Ethereum Supply Dips to Multi-Year Low Amid Strong ETF Demand
Ethereum's available supply on crypto exchanges has reached a multi-year low of around 14.88 million ETH, as about 6.4 million ETH left exchanges since July.
This decline is largely due to staking absorbing a significant share of circulating supply.
Concurrently, U.S.-based Ethereum ETFs saw a fresh influx of $216.4 million on Sept. 11, pushing total net inflows to roughly $13.38 billion.