Ethereum (ETH) is the second-best performer among the top 10 cryptocurrencies by market cap, up by nearly 3% in the last 24 hours. The positive performance has seen ETH cross the $1,900 level despite institutional treasury company BitMine Immersion Technologies (BMNR) easing its pace of ETH accumulation while continuing an aggressive share buyback program. Meanwhile, US spot Ethereum exchange-traded funds (ETFs) continue to attract inflows following last week’s excellent performance. BitMine slows Ethereum accumulation as it nears ownership target BitMine acquired 7,430 ETH over the past week, marking its smallest weekly purchase since adopting its Ethereum-focused treasury strategy. https://twitter.com/BitMNR/status/2079184628414382391 The latest acquisition increased the company’s holdings to 5.777 million ETH, valued at approximately $10.86 billion at the time of writing.
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