Category: Ethereum

26
Jul
2024
Posted in Ethereum

Day 3 sees $152M in withdrawals from Ethereum Spot ETFs, while Grayscale ETHE loses $346M

According to SoSoValue data, on day three, the cumulative outflows from seven of the eight recently established spot Ether ETFs totaled $152m. The two best-performing ETFs, iShares Ethereum Trust ETF…

24
Jul
2024
Posted in Ethereum

Traders of Derivatives Are Buying ETH

Since exchange traded funds (ETFs) became live, the majority of traders on Ethereum, according to derivatives data, have been long on the cryptocurrency. Over 70% of ETH holdings currently bet…

24
Jul
2024
Posted in Ethereum

Spot Ethereum ETFs produce trading volume exceeding $1 billion on their first day of trade

It was Ethereum ETH -1.18%’s turn to steal the show, seven months after Bitcoin made its dramatic Wall Street debut. Spot Ethereum exchange-traded funds, which comprise nine distinct ETFs from…

23
Jul
2024
Posted in Ethereum

Tuesday saw the SEC approve spot Ethereum ETFs for trading

The registration forms for the Grayscale Ethereum Trust and the Grayscale Ethereum Mini Trust, as well as those from 21Shares, Bitwise, BlackRock, Fidelity, Franklin Templeton, VanEck, and Invesco Galaxy, have…

22
Jul
2024
Posted in Ethereum

Fidelity is one of the five spot Ethereum ETFs that will debut on July 23, according to announcements from exchange Cboe

Exchange Cboe reports that spot Ethereum ETH +0.20% exchange-traded funds, which include funds from Fidelity and VanEck, will go live on July 23. Many of the proposed Ethereum ETFs will…

22
Jul
2024
Posted in Ethereum

Etherfuse, a tokenization platform, raises a seed round valued at $12.5 million

In a seed fundraising round, the tokenization platform for real-world assets (RWAs), Etherfuse, has raised $3 million. According to Etherfuse on Saturday, the financing was co-led by White Star Capital…

19
Jul
2024
Posted in Ethereum

Season 2 of Ether.Fi’s ETHFI Token Airdrop is now available

After claims went live for its Season 2, Ether.Fi, the largest liquid restaking protocol by total-value locked (TVL), is starting the third part of its airdrop. In the hours following…

18
Jul
2024
Posted in Ethereum

ETFs are looming and rewards are rising as Ethereum Staking Nears All-Time High

Days before spot Ethereum ETFs are anticipated to start trading in the US, the amount of Ethereum that is now staked within the network is almost at an all-time high…

18
Jul
2024
Posted in Ethereum

In the most recent wave of updated forms, BlackRock sets a 0.25% cost as companies get ready to introduce spot Ethereum ETFs

Ahead of its anticipated debut date next week, asset management behemoth BlackRock set its charge at 0.25% for its spot Ethereum product as companies file updated documents. BlackRock stated in…

16
Jul
2024
Posted in Ethereum

At least three ETH ETF issuers have received “preliminary approval” from the SEC

At least three asset managers have allegedly received preliminary permission from the US Securities and Exchange Commission for their spot Ether exchange-traded funds (ETFs), which feeds speculation that the ETFs…

16
Jul
2024
Posted in Ethereum

After the debut of the spot ETF, Ether might outperform Bitcoin: Kaiko

A recent research from Kaiko suggests that Ether might do better than Bitcoin after the much-awaited Ethereum exchange-traded funds (ETFs) were introduced in the US. The Ether ETH tickers down…

16
Jul
2024
Posted in Ethereum

Sources predict that spot Ethereum ETFs will debut on July 23

Several sources indicate that Spot Ethereum ETFs are expected to start trading on Tuesday, July 23. For weeks, major Wall Street players like Fidelity and BlackRock have been collaborating with…

15
Jul
2024
Posted in Ethereum

Before Spot ETF launched, protocols for liquid staking received 290,000 ETH

Changes in Liquid Staking: Frax Ether Rises, Swell Falls Lido now holds 72.3% of the 13.44 million ether that is tied up in liquid staking methods as of the time…

12
Jul
2024
Posted in Ethereum

Ethereum anticipates a surge in spot ETFs as 40% of the supply is still locked in

Since the market is waiting for the final clearance for Ethereum spot-based exchange-traded funds (ETFs), almost 40% of the Ethereum supply is locked. A breakdown of this locked supply using…

05
Jul
2024
Posted in Ethereum

A hack into Ethereum email lists exposes 35,000 to a cryptocurrency-draining attack

This Monday, Ethereum revealed the incident in a blog post, stating that it had no appreciable effect on users. Attack specifics An email with the subject “updates@blog.ethereum.org” was sent to…

05
Jul
2024
Posted in Ethereum

Predicted July 15 launch date for the Spot Ethereum ETF

Analysts are predicting that the eagerly anticipated spot Ethereum exchange-traded funds (ETFs) might debut in mid-July, which is causing excitement within the cryptocurrency market. Expected to Launch in Mid-July: Spot…

02
Jul
2024
Posted in Ethereum

Steno Research: Later This Year, Ether Could Reach $6,500 Thanks to Spot ETFs

Ether to Reach $6,500, According to Steno Research, Owing to Spot ETFs The macroeconomic and cryptocurrency-focused research organization Steno Research has released its forecasts for the behavior of the cryptocurrency…

28
Jun
2024
Posted in Ethereum

Ether up to $7,000. Six experts discuss how Ethereum ETFs could cause demand to “floodgate”

Ethereum spot exchange-traded funds are about to launch. Eric Balchunas, an analyst with Bloomberg Intelligence, stated on Tuesday that issuer VankEck’s 8-A form submission was encouraging for a July 2…

27
Jun
2024
Posted in Ethereum

Bitwise CIO: Ethereum spot ETFs could draw $15 billion by the end of 2025

The introduction of spot Ethereum exchange-traded funds (ETFs) in the US is much anticipated by the cryptocurrency industry, and some analysts think it might bring in enormous amounts of capital….

26
Jun
2024
Posted in Ethereum

Ethereum options traders remain optimistic in spite of the recent decline: Kaiko

Analysts at Kaiko state that despite the recent market volatility, Ethereum (ETH) options traders remain bullish. The dynamics of the put-call ratio, which increased in May and indicated a bearish…