ETH ISSUANCE OUTPACED 11X BY ETFS AND PUBLIC FIRMS

Summary from the TLDR Crypto newsletter

Since the Merge, only 298,770 ETH has been issued, yet SharpLink Gaming and BitDigital alone absorbed ~82% of that in June. Spot ETFs now hold 4.11M ETH, over 11x net issuance. With burn mechanics, validator lock-up, and increasing institutional demand, ETH is behaving like a digital oil field with a daily yield far below market appetite.