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Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval


Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst specializing in exchange-traded funds (ETF), expressed puzzlement over Grayscale’s decision to...

Proposal for Ethereum Grayscale Ethereum ETF is No More


Application for Grayscale Ethereum Futures Trust FTF was withdrawn on 3rd May 2024. The Securities and Exchange Commission had delayed decisions on spot Ethereum Exchange Traded Funds over the past months. A document filed recently indicates that a proposal for listing and trading shares...

Ancient8 partners with Supra to enhance Web3 gaming on Ethereum


Ancient8 forges an exclusive collaboration with Supra, which will strengthen gaming studios by providing tools for games on Ethereum.  The incorporation has been done with Supra’s DORA price feeds within Ancient8’s chain, offering connectivity with correct and dependable price data related...

These 3 AI-based altcoins to outpace Bitcoin & Ethereum in 2024


Innovation is the middle name of the crypto market, and 2024 has certainly proven it. The year has been filled with unique projects, especially AI-based altcoins. Names like Fetch.ai, SingularityNET, Render, etc., are ruling the crypto industry. These AI-based altcoins are outperforming BTC,...

Grayscale Withdraws Ether Futures ETF Application Before SEC Decision


Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US SEC was set to rule on several spot ETH ETFs. The post Grayscale Withdraws Ether Futures ETF Application Before SEC Decision appeared first on Cryptonews

Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs


Crypto market maker Wintermute is providing liquidity and supporting the newly launched Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs). The post Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs appeared first on Cryptonews

Poloniex Hacker Reportedly Funnels $3.4 Million through Tornado Cash Mixer


The famous hacker from Poloniex who caused the Bitcoin exchange's security breach the previous year is again on the loose. In an attempt to launder the stolen money, the burglar transferred 1,100 Ethereum (ETH), worth $3.4 million, to the authorised cryptocurrency mixer Tornado Cash on May 7. The...

Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SEC


According to a wager on the decentralized betting platform Polymarket, the likelihood of a spot ethereum exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission currently stands at just 7%. This forecast commenced in January with a 76% probability of approval...

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