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Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein

The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said.

Updated Mar 9, 2024, 1:44 a.m. Published Feb 26, 2024, 5:29 p.m.
Ethereum co-founder Vitalik Buterin. (CoinDesk)
Ethereum co-founder Vitalik Buterin. (CoinDesk)