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The president of the ETF Store: Since the beginning of this year, ETFs and treasury companies have purchased $19 billion worth of ETH.
[The ETF Store President: Since the beginning of this year, ETFs and treasury companies have purchased $19 billion worth of ETH] The ETF Store President Nate Geraci posted on X platform stating that since the beginning of this year, ETFs (exchange-traded funds) and treasury companies have purchased $19 billion worth of Ethereum. ETFs purchased $7 billion, while companies purchased $12 billion. "As banks, fintech companies, and enterprises begin to accept stablecoins, many of which will be settled on open-source blockchains like Ethereum, Bitcoin's dominance has started to decline significantly."