Ethereum Foundation Launches BETH, Tokenized Burned ETH, Amid Market Volatility
ByAinvest
Sunday, Aug 31, 2025 5:41 pm ET1min read
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The Ethereum Foundation has launched a new Proof-of-Burn (PoB) token called BETH, which is the tokenized form of burned Ethereum (ETH). This move aims to retain the value of billions of burned ETH and make burn mechanisms and incentives more profitable. ETH's price is up 2.08% to $4,456.51, while Bitcoin (BTC) is down amid a broader crypto market downtrend. The tokenization of assets is gaining traction, and robust regulations are necessary to ensure investor protections.
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