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Ethereum Market Stagnation Marks Tepid Trading Day Despite ETF Launch


Ethereum’s price exhibited volatility on Tuesday, coinciding with the launch of U.S. spot ether exchange-traded funds (ETFs) on Wall Street. At around 5 a.m. EDT, ETH surged to an intraday high of $3,540 per coin but later dropped to approximately $3,406 by 12:55 p.m. in the afternoon....

US Spot Bitcoin ETFs See Record $533.57M Inflows Ahead of Ether ETF Launch


Ahead of the spot ether exchange-traded funds (ETFs) launch, U.S. spot bitcoin ETFs experienced their 12th consecutive day of inflows, accumulating $533.57 million on Monday. This influx marked the highest gains for the 11 funds since June 4. Blackrock’s IBIT Dominates Bitcoin ETF Inflows...

Asia’s First Bitcoin Inverse ETF Set for Hong Kong Launch


Hong Kong is still emerging as a major player in the cryptocurrency market. On July 23, Singapore will launch the China Southern Asset Management Co., Ltd. (CSOP) Bitcoin Future Daily (-1x) Inverse Product, Asia’s first inverse Bitcoin ETF. This new financial instrument is designed to help...

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