Auto Added by WPeMatico

US Ether ETFs See Negative Flows as Grayscale Offloads $356.26M

U.S. spot ethereum exchange-traded funds (ETFs) experienced negative inflows once again, driven by Grayscale’s Ethereum Trust (ETHE) offloading a substantial $356.26 million on Friday. To date, ETHE has recorded more…

Continue ReadingUS Ether ETFs See Negative Flows as Grayscale Offloads $356.26M

US Ethereum ETFs See Continued Outflows Led by Grayscale’s ETHE

On Thursday, U.S. spot ethereum exchange-traded funds (ETFs) experienced another day of net outflows following Grayscale’s Ethereum Trust (ETHE) outpacing gains observed by other funds. According to sosovalue.xyz, the nine…

Continue ReadingUS Ethereum ETFs See Continued Outflows Led by Grayscale’s ETHE

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…

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

Altcoin Resurgence Expected if Ether ETFs Drive Sharp Uptick in ETH, Says Two Prime’s Blume

A managing partner at SEC-regulated Registered Investment Advisor Two Prime has discussed the potential impact of spot ether exchange-traded fund (ETF) launches on the cryptocurrency market. He explained that early…

Continue ReadingAltcoin Resurgence Expected if Ether ETFs Drive Sharp Uptick in ETH, Says Two Prime’s Blume

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…

Continue ReadingEthereum Market Stagnation Marks Tepid Trading Day Despite ETF Launch

Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets

In mid-July, the Altcoin Season Index (ASI) available on blockchaincenter.net began to rise, reaching a high of 46 and nearing the significant threshold of 75. Since then, however, the ASI…

Continue ReadingBitcoin Continues to Dominate as Altcoin Season Index Score Plummets

Cboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness

Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity,…

Continue ReadingCboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness

US Spot Ether ETFs to Launch on July 23 Pending Final SEC Approval, Analyst Says

The U.S. Securities and Exchange Commission (SEC) has finally gotten back to issuers concerning the final approvals for spot ether exchange-traded funds (ETFs). Preliminary approval has reportedly been granted for…

Continue ReadingUS Spot Ether ETFs to Launch on July 23 Pending Final SEC Approval, Analyst Says

Market Trends Favor Ethereum as ETF Launch Nears, Finds Bybit and Block Scholes Study

A recent report from Bybit and Block Scholes reveals shifting investor sentiment in the crypto derivatives market, favoring ethereum over bitcoin. This insight, derived from analysis of market trends across…

Continue ReadingMarket Trends Favor Ethereum as ETF Launch Nears, Finds Bybit and Block Scholes Study