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Tag: ETF approvals

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Crypto exchanges see $3B Ethereum exit since ETF approvals

Only 10.6% of the total Ether supply is currently on centralized crypto exchanges, its lowest level in years. Over $3 billion worth of Ether  has been removed from centralized crypto exchanges since the May 23 approval of spot Ether exchange-traded funds (ETFs) in the United States — signaling a potential upcoming supply squeeze. The amount…
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