ether.fi Foundation Spends $300k to Buy Back 367,674.76 ETHFI, Lifts Total Buybacks to $11.77M

COINOTAG News reports that on December 8, the ether.fi Foundation disclosed a weekend buyback funded with USDT, repurchasing ETHFI tokens totaling 367,674.76 ETHFI. The operation elevates the protocol’s cumulative buybacks to $11,771,993, underscoring disciplined capital management within the ether.fi ecosystem.

As of the update, ETHFI traded around $0.825, delivering a 24-hour gain of 3.78%, with the protocol’s market value near $640 million. The development highlights ongoing liquidity dynamics and investor interest in the ETHFI token.