Ethereum ETFs Are Not Like Bitcoin ETFs (So Far)
A few months after the SEC gave the initial green light, the spot Ethereum ETFs officially hit the ground last Tuesday. However, the immediate results have been quite underwhelming, and…
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A few months after the SEC gave the initial green light, the spot Ethereum ETFs officially hit the ground last Tuesday. However, the immediate results have been quite underwhelming, and…
Although we still have a long way to go in 2024, this year has already been quite eventful for the cryptocurrency industry and not only for Bitcoin. The second-largest digital…
It’s been an interesting week for the cryptocurrency industry. Although its total capitalization has remained largely unchanged, a lot has happened that deserves our attention, so let’s get into it.…
On their third trading day, the nine recently approved spot Ethereum ETFs in the US registered a total net outflow of $152.3 million, continuing the previous day’s trend. Grayscale Ethereum…
The second day of trading for the spot Ethereum ETFs was quite different than the first as more than $133 million were withdrawn from the largest financial vehicles. The underlying…
Ether’s has failed to gain any upward traction despite the hype around it. Instead, the altcoin ended up shedding nearly 2% over the past 24 hours as it hovered near…
Ethereum’s price has been consolidating above the 100—and 200-day moving averages, indicating a bullish trend. Given the launch of spot ETH ETFs, upward momentum targeting the wedge’s upper boundary is…
TL;DR Ethereum saw the launch of nine spot ETFs by major financial institutions, with the products surpassing $1 billion in trading volume on day one. Despite initial price dips, analysts…
The long-anticipated launch of spot Ethereum ETFs in the United States became a reality today as nine such financial vehicles went live for trading. The first 90 minutes were quite…
Following weeks of adjustments to registration statements, several spot Ethereum ETFs have been approved and will start trading on Tuesday. Ether’s price has not experienced any significant changes so far.…