Ethereum Eyes Breakout as ETF Flows, Supply Crunch Fuel Short-Term Tailwinds

TLDR: Ethereum ETFs and treasuries have absorbed 1.6% of total supply since June, fueling demand. Supply on exchanges continues to drop, signaling institutional accumulation and rising staking activity. The ETH/BTC ratio nears a key resistance level as traders eye a breakout above $3.8K. U.S. legislation backing tokenization adds to bullish ETH momentum heading into Q4.  [...]

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