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Ethereum Struggles at $3.3K; Can August Week 1 See $3.5K?
29.7.2024
The market showed signs of a comeback after the Ethereum ETFs were approved by the SEC. Over the past weekend, the crypto market experienced a robust positive turnaround, causing top tokens to show notable uptrends in their portfolios. This surge hints at a potentially optimistic outlook for these...
Is Ethereum Poised for a New High Following ETF Inflows?
29.7.2024
The fourth week of July brought drama and chaos in the ecosystem after the Ethereum ETFs made a dramatic entrance on July 22, generating over $4 billion in trading volume within their first week. This robust start has raised expectations for a potential price boost in Ethereum. While the price...
Bitcoin Sees $519M Inflows, Ethereum ETFs Post Mixed Results
29.7.2024
As per the latest data from CoinShares, the Bitcoin and Ethereum ETF investment scene witnessed a week of contrasts. The data shows, Bitcoin has continued its bullish streak, while Ethereum’s newly launched ETFs paint a complex picture. Despite the mixed signals, the overall market sentiment...
Grayscale Moves 110k Ethereum Worth $358M to Coinbase Prime
26.7.2024
Finally, we have the Ethereum ETFs live and trading in the U.S. after a much-anticipated debut due to the interferences of our beloved SEC. But things are a little worrisome for one particular entity offering the latest Investment Asset. Within the last hour, Grayscale has transferred 110,867...
Ethereum Dips Despite ETF Launch; Pull Back to a New High?
25.7.2024
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...
Why is Ethereum (ETH) price down today?
25.7.2024
ETH price dropped over 8% in the past 24 hours, driven by a growing sell-the-news sentiment following the launch of Ethereum ETFs
Ethereum Plunges 8% Despite ETH ETF Approval: Here’s Why
25.7.2024
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...
Spot Ethereum ETFs post $113M of outflows on second day of launch
25.7.2024
The “newborn” eight ETFs didn’t manage to outrun the $327 million of outflows from Grayscale’s recently converted Ethereum Trust
Ethereum ETF Debuts $1B+ Volume; BlackRock’s ETHA Leads
24.7.2024
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. ...
Ether ETF Volumes Surge Past $1B on Launch Day: Grayscale Leads, Will BlackRock Topple Grayscale?
24.7.2024
According to WSJ data and based on the EUR exchange rate, over $1 billion in shares of newly-listed ether ETF issuers changed hands for investors. Trading volume is the amount of dollars exchanged for shares, not whether these trades were inflows or outflows. It also remains to be seen whether...
Spot Ethereum ETF Go Live- Here’s What You Should Know
23.7.2024
Since the SEC approved Spot Ethereum ETFs, the buzz among the community helped ETH rally. Last week, Bloomberg’s Eric Balchunas predicted that Ethereum ETFs would begin trading on July 23, 2024. Today, that has become a reality. The launch marks the second crypto-based ETF in the United States...
Ethereum ETFs Disappoint as Ether Prices Struggle to Surge
23.7.2024
After half a year of anticipation, regulators from the SEC greenlighted the introduction of various funds linked to Ethereum. Among the most eagerly awaited are Invesco’s Galaxy Ethereum ETF, known simply as QETH, the Bitwise Ethereum ETF labeled ETHW, and the Grayscale Ethereum Mini Trust...
Bitcoin trader warns of local BTC price top after $530M ETF inflow
23.7.2024
BTC price "profit taking" has resulted from large ETF inflow days in the past, while both Bitcoin and Ether shrug off the latter's ETF launch day
ETH price may dip after spot Ether ETF 'novelty' wears off due to surging supply
20.7.2024
Into The Cryptoverse founder Benjamin Cowen says if supply keeps increasing it will "revert" to similar levels before the Ethereum Merge in September 2022
Galaxy Buys $1B ETH from CryptoManufaktur to Expand Staking
19.7.2024
Reports show Galaxy Digital has bought nearly all assets of blockchain node operator CryptoManufaktur. The purchase involves approximately $1 billion in Ethereum assets. With the new purchase, Galaxy Digital’s Ethereum has added 43% holdings, bringing the company’s total assets to $3.3...
Here’s Everything to Know About the Approved Spot Ethereum ETFs
18.7.2024
The Securities and Exchange Commission (SEC) has approved the start of spot Ethereum ETFs on July 23. Eight asset managers will offer these new financial instruments: BlackRock, Ark Invest/21Shares, VanEck, Grayscale, Fidelity, Bitwise, Franklin Templeton, and Invesco/Galaxy Digital. Spot Ethereum...
SEC approves Grayscale & ProShares spot Ethereum ETFs for trading
18.7.2024
The US SEC (Securities and Exchange Commission) has approved 2 Ethereum ETFs for trading. The ETFs will be listed on the NYSE’s (New York Stock Exchange) Arca trading platform. The news was officially shared by the SEC in its July 17 filing. The notice stated that the approval of the Form 19b-4...
Analyst Reports 21Shares Shocking Spot Ethereum ETF Fee
17.7.2024
Bloomberg ETF analyst Eric Balchunas has shared the latest details from one of the contenders in the Ethereum ETF race. In a recent tweet, Balchunas revealed crucial information about 21Shares’ upcoming Ethereum ETF offering. NEW: 21Shares Ether ETF fee will be 0.21% (terrordome in effect)...
SEC Commissioner Peirce Discusses Staking in Ethereum ETFs
17.7.2024
In January 2024, the crypto ecosystem witnessed tradable ETFs for the first time in DeFi history. The spot Bitcoin ETFs have been trading for six months now. The second half of 2024 will see the launch and trade of ETH ETFs in American markets. The United States SEC Hester Peirce, often known...
Bitwise Report: Spot Ethereum ETF Can Push ETH Price Over $5k
17.7.2024
Bitwise anticipates a rally in Ethereum prices with the launch of the U.S.-based spot Ether ETFs next week. The introduction is set to push Ethereum to new levels and possibly even above $5,000. Volatility might be observed initially as funds will be redirected from the $11 billion Grayscale...