According to @MilkRoadDaily, ETFs and strategic treasuries are buying and locking 35.77 ETH for every 1 ETH newly issued, showing absorption far exceeding issuance (source: @MilkRoadDaily, Aug 29, 2025). This indicates a rapidly tightening ETH float and reduced available supply in the market, as described by the source (source: @MilkRoadDaily).

According to @VanessaGrellet_, Bitcoin’s fixed supply of 21 million, with approximately 19.7 million already mined and an estimated 3–4 million lost forever, leaves only about 15.5 million BTC effectively circulating. If the US were to purchase 6–7% of this supply, it would actually account for 20–25% of the liquid float, creating a significant demand shock. This tightening supply dynamic is critical for traders as it could drive increased price volatility and upward momentum, especially as institutional and sovereign demand rises (Source: @VanessaGrellet_ on Twitter, May 24, 2025).