In the past 30 days, 10 Ethereum fund companies have cumulatively purchased over 550000 ETH, with a total value of approximately $1.65 billion Milk Road Joint Creation @ KyleReidhead pointed out that these fund companies are different from ETFs, currently only buying and not selling, and transferring the purchased ETH (0.5% of the flow) to Ethereum DeFi smart contracts for staking or lending 🔒 This trend may lead to a tight supply of ETH in the coming months 💸⬇️