Category: Ethereum
New Ethereum addresses drops to its lowest point of the year
With the recent introduction of spot ether ETFs on the American stock market, the quantity of new Ethereum ETH -20.11% wallet addresses is at its lowest point of the year….
Ether ETF withdrawals totaled $340 million during the first week of trading
Exchange-traded funds that track spot ether (ETH) experienced negative net flows during their first week of operation due to significant withdrawals from the market leader, Grayscale Ethereum Trust (ETHE), outpacing…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…