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Ethereum Plunges 8% Despite ETH ETF Approval: Here’s Why


The cryptocurrency market is experiencing turbulence as Ethereum (ETH) takes a major hit. ETH has dropped over 8% in the past 24 hours. This downturn comes after the much-awaited launch of ETH ETFs. Multiple Factors Converge to Push Ethereum Down The primary reason is the substantial outflow from...

Hong Kong Launches Its First Inverse Bitcoin ETF Product


CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong Kong’s markets. This allows traders and investors to speculate on the decline of the cryptocurrency’s value. The product complements other ETF products already...

Ethereum ETF Debuts $1B+ Volume; BlackRock’s ETHA Leads


U.S. spot Ethereum exchange-traded funds (ETFs) saw more than $1 billion in trading on their first day. This shows investors are very interested and the market is ready to accept these new products. The launch of several spot Ethereum ETFs on Tuesday is a big step forward for digital assets. ...

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