Policy
Tom Lee Sets 5% Hard Cap on Bitmine's Ethereum (ETH) Buying, 88,586 ETH Short
COINOTAG·October 8, 2026·1 min read
Tom Lee says BitMine stops buying Ethereum at 5% of supply, with 88,586 ETH left to the cap; spot ETFs saw $413.6 million exit in three days. The decision limits BitMine's exposure to ETH, while recent ETF outflows suggest cooling institutional demand for the asset.
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