ETH Burn Proof Token BETH Released, Highly Praised by Ethereum $ETH August 31, the Ethereum Community Foundation announced the tokenization of destroyed ETH into BETH, providing a new proof of destruction token for Ethereum. Each BETH token represents ETH that has been verified as removed from circulation, to establish a transparent and auditable destruction record.Joseph , co-founder of Ethereum and CEO of Consenys, expressed his high appreciation for the team's work.