๐ฅ Update: Entities holding Ethereum as a "strategic reserve" now own 3% of the total supply!
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๐ข Whatโs new?
* A recent report revealed that public companies and investment funds listing Ethereum on their balance sheets now hold 3% of the total supply of the currency.
* This is a significant achievement, as this rapid increase demonstrates growing institutional demand for Ethereum.
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๐ก Why is this important?
* This strategy shows that Ethereum is now regarded as a reserve asset, not just a speculative currency.
* This trend enhances the credibility of Ethereum and its value as a long-term investment asset.
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๐ Future outlook:
* This accumulation may reduce the available supply for trading, which could contribute to an increase in the price of Ethereum in the future.
* This move could encourage more companies to follow the same path.
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โDo you think this shift will permanently enhance the value of Ethereum?
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