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2.91 Million ETH Held by 9 Ethereum ETFs: A Reserve Overview


Although the data for Thursday’s ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that trade volume was marginally lower than the first two days. The funds currently hold slightly over $9 billion in ether, with about 2.91...

Whale With Ethereum Foundation Link Transfers 92,500 ETH Worth $288M 


According to onchain data, a significant whale holding over 92,500 ether moved the funds to an unidentified wallet. Arkham Intelligence data suggests the funds may have been linked to the Ethereum Foundation, though this is not confirmed. Originally, the funds were transferred to a mysterious...

Ethereum Dips Despite ETF Launch; Pull Back to a New High?


The global crypto market has experienced solid bearish sentiment in the last 24 hours as the Ethereum (ETH) token takes a major hit. As tracked on CoinMarketCap, the ETH token recorded an 8.20% loss, pushing its price to $3,141. This negative sentiment is largely attributed to Tuesday’s...

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...

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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