Bitmine ETH Buys Overshadowed By $345M ETF Outflow

Key takeaways: The Spot Ether ETF outflows overwhelmed BitMine’s ETH accumulation, raising the chance of a drop below the $1,500 support. Falling DApps revenue and weak staking yields highlight limited ecosystem incentives despite tokenization potential. Ether (ETH) has failed to sustain prices above $1,600 since Thursday, following the broader cryptocurrency market’s downtrend. Lower oil prices…

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