Tag: ETH
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…
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…
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…
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…
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…
Data on Ethereum prices suggests a potential increase above $3.4K
Between July 1 and July 8, the price of Ether ETH tickers down $3,084 fell 18% to $2,826; however, it has since partially rebounded. It makes sense that investors are…
Before the ETF debut, Ether regains $3K amid indications of seller exhaustion
Finally exhibiting signs of seller tiredness and a possible bullish rebound, the ether (ETH) market saw a 20% decline in the four weeks leading up to July 5. The native…
Ethereum ETFs Get Nearer to Listing as Corrected Files Accumulate
A number of asset managers’ updated files indicate that the clearance process is moving quickly as the cryptocurrency market waits for regulatory permission for spot Ethereum ETFs. The VanEck Ethereum…
Staked Ethereum Reaches 27% of Supply Ahead of ETF Trading
According to the most recent data from Coinbase, a whopping 32.6 million ETH—more than 27% of the entire supply—are currently being used to secure Ethereum’s proof-of-stake network, as the cryptocurrency…
VanEck submits a revised offer for an Ethereum ETF
The Securities and Exchange Commission (SEC) received an updated S-1 registration statement from wealth management VanEck in support of its proposal to introduce an Ethereum (ETH) ETF that tracks spot…
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…
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….
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…
The Winklevoss twins support Trump as a “pro-crypto choice” and criticize Biden for his “anti-crypto” views
The co-founders of Gemini, Tyler and Cameron Winklevoss, praised former US President Donald Trump and declared their intention to vote for him in November on the grounds that he is…
An Ethereum Synthetic Dollar Backed by Gold, Is Coming via Tether
On the Ethereum Mainnet, the gold-backed Tether synthetic dollar currency was introduced. It meets the needs of consumers who want to transact without having to sell digital assets backed by…
The largest inflows into Ethereum funds since March
According to CoinShares’ most recent Digital Asset Fund Flows Weekly report, major organizations are starting to show interest in Ethereum once more. With purchases of $69 million, funds holding the…
Why ARK Invest withdrew from the billion-dollar competition for Ethereum ETFs
There is competition among nearly a dozen companies to introduce spot Ethereum exchange-traded funds. ARK Invest, a major player in cryptocurrency, isn’t one of them. ARK believes in its revolutionary…