# Linea Unveils LINEA Tokenomics *Linea will burn 20% of net ETH fees, offer native yield on bridged ETH, and allocate 75% of the LINEA supply to an Ecosystem Fund.* By [ETH Daily](https://ethdaily.io) · 2025-07-30 news, 2025, july2025 --- Quick Take ---------- * Linea unveils LINEA tokenomics. * ETHZilla unveils ETH Treasury Strategy. * SEC approves in-kind crypto ETPs. * BitMine now holds 625k ETH. * ECP introduces BlobKit. * * * [ Linea Unveils LINEA Tokenomics ------------------------------ Listen to this episode from ETH Daily - Ethereum Daily Crypto News on Spotify. Linea unveils the tokenomics for its LINEA token. ETHZilla unveils its ETH treasury strategy. The SEC approves in-kind crypto ETPs. And BitMine now holds 625k ETH. Read more: https://ethdaily.io/750 Disclaimer: Content is for informational purposes only, not endorsement or investment advice. https://spotify.com ![](https://storage.googleapis.com/papyrus_images/4057c26a62827443fa42d739bdd60c02.jpg) ](https://open.spotify.com/episode/5pI2QFPPi4T952yz1opTwo) * * * Linea Unveils LINEA Tokenomics ------------------------------ Linea, an EVM‑equivalent ZK rollup incubated by Consensys, [released](https://linea.build/blog/linea-is-ethereum) the tokenomics for LINEA, its native token featuring a total supply of [72 billion](https://x.com/LineaBuild/status/1950257494355546295) tokens, representing 1,000x the initial circulating supply of ETH. 85% of LINEA is allocated to the ecosystem and 15% to the Consensys treasury under a five‑year lockup. Within the ecosystem allocation, 75% of tokens go to an Ecosystem Fund and 10% goes to Early Contributors, including 9% for the initial user airdrop. It will also have a fee model that burns 20% of net ETH gas fees and uses the remaining 80% to buy‑and‑burn LINEA. Additionally, ETH bridged to Linea will be natively staked to generate rewards for liquidity provision. The Ecosystem Fund will be overseen by the Linea Consortium, which includes ENS Labs, Eigen Labs, SharpLink, Status, and Consensys. ETHZilla Unveils ETH Treasury Strategy -------------------------------------- 180 Life Sciences Corp., listed on the Nasdaq under ATNF, [announced](https://x.com/ETHZilla_ATNF/status/1950239175606759492) plans to rebrand as ETHZilla Corporation following its $425 million private placement round. The company will adopt a new treasury strategy focused on acquiring ETH while continuing to advance its existing biotech initiatives. Electric Capital will act as ETHZilla’s external asset manager, deploying a range of onchain yield strategies aiming to outperform traditional ETH staking yields. The round included participation by over 60 institutional and crypto investors, including Ethereum builders, DeFi founders, and Wall Street veterans.  SEC Approves In-Kind Crypto ETPs -------------------------------- The SEC [approved](https://www.sec.gov/newsroom/press-releases/2025-101-sec-permits-kind-creations-redemptions-crypto-etps) orders allowing in-kind creations and redemptions for crypto asset exchange-traded products (ETPs), including bitcoin and ether products. The approval marks a shift from previous approvals, which only permitted cash-based transactions. Under the new framework, issuers can now create and redeem ETP shares using bitcoin and ether directly, rather than cash. SEC Chair Paul S. Atkins said the move is part of building a “fit-for-purpose regulatory framework” for crypto markets, designed to make the products less costly and more efficient. In addition, the SEC approved several related measures, including allowing applications to list ETPs that hold both spot bitcoin and spot ether. BitMine Now Holds 625k ETH -------------------------- BitMine Immersion Technologies Inc. now holds 625,000 ETH, valued at $2.35 billion, in its treasury. The company also [announced](https://www.prnewswire.com/news-releases/bitmine-immersion-bmnr-announces-1-billion-stock-repurchase-program-302515955.html?tc=eml_cleartime) a $1 billion open-ended stock repurchase program, allowing it to buy back shares in the open market as part of its strategy to optimize capital allocation. Chairman Thomas Lee noted that the buyback could provide the best return on capital in the company’s goal of accumulating 5% of Ethereum’s supply. Ecosystem --------- * ECP [launches](https://ethcf.org/blobkit/) BlobKit * Introducing [ETH Dev News](https://x.com/ethdevnews/status/1950157499749081158) * 2025 Staking Survey [results](https://x.com/ethStaker/status/1950263950307660287) * Obol [institutional staking](https://x.com/Obol_Collective/status/1950240045270782304) survey * Stateless ETH [explains](https://x.com/StatelessEth/status/1950170458571018673) code chunking * Ethereum [Checkpoint #5](https://x.com/nixorokish/status/1950177222599344626) * EF [10 Years Of Ethereum NFT](https://ethereum.org/en/10years/) * Ether Guild [commemorative NFT](https://farcaster.xyz/augustuscaesar/0x10e19df8) * RedStone [launches](https://x.com/redstone_defi/status/1950195431490933236) Atom * ZKsync [connects to](https://x.com/zkSyncDevs/status/1948806126268461388) ZKsync Gateway * Sovereign [introduces](https://x.com/sovereign_labs/status/1950233633085935985) its SDK * Golem [allocated](https://x.com/GolemFoundation/status/1950139193239245308) 6,470 ETH  * BaseCamp [opens](https://x.com/base/status/1950240794377630094) applications * Coinbase [adds](https://www.coinbase.com/blog/Buying-crypto-just-got-simpler-with-Samsung-Pay) Samsung Pay Institutional ------------- * eToro [tokenized stocks](https://investors.etoro.com/news-releases/news-release-details/etoro-continues-journey-towards-tokenized-future-launch-245) on Ethereum * BTCS [plans to raise](https://x.com/fabdarice/status/1950309370396631137) $2b * SEC [acknowledges](https://x.com/Cointelegraph/status/1950244664340070897) BlackRock’s staking ETF US vs Storm ----------- * US vs Storm verdict [as soon as tomorrow](https://x.com/theragetech/status/1950287928174743901) * DOJ [backtracks](https://x.com/hosseeb/status/1950013237279543807) on Dragonfly * Samurai Wallet founder [changes](https://x.com/innercitypress/status/1950232645322854793) plea * Gov [says](https://x.com/L0laL33tz/status/1950193118545916409) Chainalysis is not helpful * Chainalysis witness [pleads the Fifth](https://x.com/theragetech/status/1950190079659462764) * * * Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed. --- *Originally published on [ETH Daily](https://ethdaily.io/750)*