$ETH ETFs have grown to $13.7B since launch, but what stands out more is the rise of corporate treasuries. Companies now hold 4.4M ETH (~3.7% of supply), worth $19B.



Unlike ETFs, treasuries are less likely to sell, which could quietly reshape ETH’s supply dynamics over time.
ETH2.02%
MORE7.15%
HOLD8.04%
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