Ethereum ($ETH)

Ethereum is an open-source blockchain-based distributed computing platform. Developers using ETH are able to deploy smart contracts and decentralized applications on it, which function without the involvement of intermediaries or central servers.

Ethereum itself was launched in mid-2015. Ether, the cryptocurrency that fuels the Ethereum ecosystem, has since become the second-largest by market cap. Since ETH’s inception thousands of ERC-20 tokens have been launched on it, as well as a few popular decentralized cryptocurrency exchanges.

In the near future ETH is set to move from a Proof-of-Work consensus algorithm to a Proof-of-Stake one. On this page you’ll find the latest Ethereum-related news.

Top Signal? Ethereum Foundation Sells $374,000 ETH on Decentralized Exchange

The Ethereum Foundation, the non-profit organization funding the critical development of Ethereum-related technology, has moved 100 Ether (ETH) tokens other than decentralized exchange CowSwap. The funds were then sold for the DAI stablecoin. According to data from on-chain analysis service Lookonchain, the Ethereum Foundation has sold a total of $12.2 million so far this year […]

Crypto Investment Funds Shatter Records with $3.85 Billion in Weekly Inflows, with ETH and XRP Standing Out

Cryptocurrency investment products saw their highest weekly inflows ever last week, as investors poured $3.85 billion into these funds amid a cryptocurrency market rally that saw the price of Bitcoin briefly top the $100,000 mark before correcting lower. According to CoinShares’ Digital Asset Fund Flows report, Bitcoin-focused investment products saw a $2.56 billion inflow last […]

Ethereum Reclaims $4,000 as Spot ETH ETF Inflows Top $1.3 Billion

The price of Ether, the cryptocurrency that powers the Ethereum blockchain, has broken past the $4,000 price level, reclaiming levels not seen since March of this year after the network saw lackluster performance and significant outflows to other networks.  The release of the Dencun upgrade in March dramatically lowered fees for Ethereum layer-2 scaling networks, […]

Volatility Ahead? $2.3 Billion in Bitcoin Options, $570 Million in Ethereum Options Expire Soon

A total of $2.3 billion worth of Bitcoin ($BTC) options are set to expire today, December 6, 2024, while an additional $570 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market. With a combined notional value of nearly $2.87 billion, the expiry of these contracts, representing […]

Ethereum ETF Inflows Surge 4,363% in November, Reaching $1.42 Billion

In November, spot Ethereum exchange-traded funds (ETFs) added a total of 362,474 ETH tokens worth around $1.42 billion, an astounding 4,363% increase from the previous month in which 8,121 ETH worth around $31.8 million were added. That’s according to data shared by on-chain analysis service Lookonchain on the microblogging platform X (formerly known as Twitter), […]

Four Reasons Why Ethereum’s Risk-Reward Ratio Looks Attractive: Bernstein Analyst

In a research note released recently by Gautam Chhugani, a Senior Analyst at AB Bernstein, Ethereum’s recent underperformance is presented as an opportunity rather than a setback. Chhugani’s comprehensive analysis explores Ethereum’s supply mechanisms, institutional adoption, and staking dynamics, presenting a case for a favorable risk-reward outlook. 1. Ethereum’s Deflationary Supply and Staking Yields Chhugani […]

Ethereum’s Surging Price Is Helping Spot Ethereum ETFs Finally Start to Gain Traction

Ethereum (ETH) is back in the spotlight as its price has seen a significant surge, climbing to $3,711 as of 11:30 p.m. on November 30. This month’s 47.40% increase in the value of ETH seems to have sparked renewed interest in US-listed spot Ethereum ETFs, which until November had largely been overshadowed by spot Bitcoin […]

Ethereum (ETH) Futures Open Interest Soars to Record $23 Billion as Analyst Predicts ‘Heavy Fireworks’

Data shows that open interest on Ethereum derivatives contracts has recently exploded upward to a new all-time high of $23 billion, up from around $7 billion at the beginning of the year, in an upward move that one analyst suggest is “guaranteed for heavy fireworks.” According to data from CoinGlass, there are now $23 billion […]

Massive Ethereum Whale Dumps 73,356 ETH, Retains $1.1 Billion in Holdings

A massive Ethereum whale that accumulated nearly 400,000 ETH when the second-largest cryptocurrency by market capitalization was trading at around $6 per token has recently restarted selling. According to data shared by on-chain analysis firm Lookonchain, the whale accumulated a total of 398,889 ETH for around $2.4 million between January and March 2016, with the […]

Incoming Volatility? $4 Billion Options Expiry Looms Over Crypto Market

A total of $3.4 billion worth of Bitcoin ($BTC) options are set to expire today, November 15, 2024, while an additional $580 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market. With a combined notional value of nearly $4 billion, the expiry of these contracts, representing […]

Dormant $1.14 Billion Ethereum Whale Awakens: Begins Selling After 8 Years

A massive Ethereum whale with over $1.14 billion worth of the second-largest cryptocurrency by market capitalization on their wallet has recently started selling TH after being dormant for the past eight years. According to data shared by on-chain analysis firm Lookonchain, the cryptocurrency whale has a total of 398,891 ETH in their wallet, and has […]

Dan Tapiero Predicts Ethereum’s Rise to $8,000 Amid Anticipated Pro-DeFi Regulations

On November 6, Donald Trump was declared the winner of the 2024 U.S. Presidential Election, a development that has sent ripples through the cryptocurrency community. This win follows months of pro-crypto positioning by Trump, highlighted by his notable appearance at the Bitcoin 2024 conference in Nashville on July 27. His speech at the event laid […]

Solana’s TVL Surges Amid $2.36 Billion Inflows from Ethereum, but ETH Recovers Nearly Half

High-performance blockchain Solana (SOL) has garnered attention for significant inflows from other blockchains, with its total value locked (TVL) surging as a result of these inflows. An examination of the data, however, shows a more nuanced picture, with Ethereum (ETH) recovering 42% of Solana’s inflows. According to data from Artemis Labs shared by DeFi Report […]

Paper Hands? Reddit Sold Its Bitcoin and Ether Ahead of BTC’s Rally Above $70,000

Social media giant Reddit has offloaded most of its cryptocurrency portfolio during the third quarter of the year, with the net value and the gain that the firm made through the sale of its Bitcoin and Ether holdings being deemed as “immaterial.” According to a recent filing with the U.S. Securities and Exchange Commission (SEC), […]

Ethereum (ETH) Poised for Breakout? Analyst Suggests Potential Rally to $6,000

The second-largest cryptocurrency by market capitalization Ethereum (ETH) has been significantly underperforming Bitcoin (BTC) so far this year, but new analysis suggests ETH could now surge to surpass its previous all-time high and catch up. According to a chart shared by popular cryptocurrency analyst Ali Martinez, Ethereum managed to hold onto its $2,400 support level […]

Ethereum Supply on Exchanges Falls by $750 Million—Implications for ETH’s Price Outlook

The amount of Ethereum (ETH) being held on cryptocurrency exchanges has recently plunged by around $750 million after massive withdrawals of the second-largest cryptocurrency by market capitalization from these platforms. According to on-chain data from on-chain analysis firm CryptoQuant shared by popular cryptocurrency analyst Ali Martinez, 300,000 ETH tokens worth approximately $750 million were withdrawn […]

Crypto Analyst Explains Why He’ll Be More Bullish on $SOL Than $ETH if Trump Wins

Prominent crypto analyst Alex Krüger recently shared his strategy for the 2024 U.S. Presidential Election, highlighting a shift in his investment approach. On 25 October 2024, he revealed on the social media platform X (formerly Twitter) that he initially planned to take leveraged positions in both Ethereum (ETH) and Solana (SOL) if it looked like […]

Massive Ethereum ICO Participant Cashes Out 3,000 ETH, Still Holds $93.8 Million in Crypto

A massive Ethereum initial coin offering (ICO) participant that received an astounding 254,908 ETH during the cryptocurrency’s launch for a total cost of $79,000, has recently sold 3,000 ETH worth around $7.64 million. The massive Ethereum whale’s total ICO investment exploded from $79,000 into over $645 million, and the whale has over time kept on […]

Ethereum’s Futures Market Shows Signs of Short-Squeeze Risk as Leverage Hits Dangerous Levels

Ethereum, the second-largest cryptocurrency by market capitalization, is facing a growing risk of a short-squeeze that could potentially help its price surge. The cryptocurrency’s futures market is showing signs of extreme leverage, indicating that a significant number of traders are betting on a continued price decline. If Ethereum’s price were to surge unexpectedly, these traders […]

Ethereum (ETH) Price Could Skyrocket to $10,000, Analyst Predicts Based on Techincal Patterns

Ethereum’s price could be poised for a historic rally, according to cryptocurrency analysts who, using technical analysis, pointed to a rise to as much as $10,000 per ETH, up from the cryptocurrency’s current $2,570 price tag. In a post on the microblogging platform X (formerly known as Twitter) to their over 60,000 followers, analyst Trader […]

VanEck’s $ETH 2030 Price Target Could Drop by Two-Thirds if Ethereum’s Economic Model Does Not Change

On 4 October 2024, Matthew Sigel, Head of Digital Assets Research at global investment firm VanEck, along with investment analysts Patrick Bush and Nathan Frankovitz, published a blog post titled “VanEck Crypto Monthly Recap for September 2024,” where Sigel discussed Ethereum’s recent underperformance compared to Bitcoin (BTC) and Solana (SOL). Sigel stated that ETH is […]

ARK Invest Says stETH Is Becoming a Key Reference for Crypto, Like the Fed Funds Rate

On October 15, Lorenzo Valente, a research associate at investment firm ARK Invest, published a research paper to explain why “Ether Stands Out Among Digital Assets.” ARK Invest’s research highlights staked Ether (stETH) as an essential asset in Ethereum’s Proof-of-Stake (PoS) system. It describes Ether (ETH) as the only real yield-bearing digital asset when staked, […]

Crypto Exchange Kraken Introduces Ethereum ($ETH) Restaking via EigenLayer

Popular cryptocurrency exchange Kraken has announced it’s introducing Ethereum restaking via EigenLayer, allowing users who have already staked their ETH to leverage it through its smart contracts. The new feature could allow ETH token holders to potentially earn additional staking rewards by using their staked ETH – Ether that’s already being staked to help secure […]

‘Debasement Trade’ Driving Demand for Bitcoin and Gold Going Into 2025: JPMorgan Report

JPMorgan analysts have shifted their stance on digital assets, adopting a bullish outlook for 2025. Led by managing director Nikolaos Panigirtzoglou, the analysts outlined key factors driving their optimism in the firm’s “Alternative Investments Outlook and Strategy” report (published on October 11), according to an article by Yogita Khatri for The Block published on October […]

Monochrome Asset Management Debuts Australia’s First Spot Ether ETF, Raising $176K on Day One

Monochrome Asset Management has made history by launching Australia’s first exchange-traded fund (ETF) that directly holds Ether (ETH), according to a report by Martin Young for Cointelegraph. This new fund, called the Monochrome Ethereum ETF (IETH), debuted on 15 October 2024 on the Cboe Australia equities exchange. As of 2:00 p.m. local time on launch […]

Uniswap Labs (And Potentially $UNI Holders) Could Capture $368M in Settlement Fees from Ethereum Validators with L2 Blockchain Unichain

Uniswap is preparing to launch its Layer 2 blockchain called Unichain, designed to enhance scalability for decentralized finance (DeFi) applications. Unichain is currently in the testnet phase and aims to address the high transaction costs and slow speeds commonly associated with DeFi operations on Ethereum. To achieve this, Unichain will feature rapid block times of […]

$1.6 Billion Crypto Options Expiry Could Trigger Big Moves in Bitcoin & Ethereum

A total of $1.1 billion worth of Bitcoin ($BTC) options are set to expire today, October 11, 2024, while an additional $510 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market that’s already set to deal with a $1.3 billion earthquake. With a combined notional value […]

7,000 ETH Moved to Exchanges as Crypto Faces a Potential $1.3 Billion Earthquake

A significant portion of the massive cryptocurrency haul seized from the PlusToken Ponzi scheme is reportedly being sold off, with OXT Research analyst ErgoBTC revealing that 7,000 Ether worth $16.7 million was recently moved to exchanges, potentially signaling the liquidation of the entire $1.3 billion in ETH seized from the scheme. In a series of […]

FBI Creates Ethereum-Based Token in Crypto Market Manipulation Investigation

In a groundbreaking operation, the U.S. Federal Bureau of Investigation (FBI) has exposed an alleged widespread crypto market manipulation scheme involving 18 individuals and four major crypto firms. The case’s investigation saw the agency launch its own Ethereum-based token called NexFundAI. The indictment, unsealed in a Boston federal court, alleges that the defendants engaged in […]

Solana ($SOL) Could Outperform Ethereum and Bitcoin if Trump Wins in 2025, Says Standard Chartered Analyst

According to a recent analysis from Standard Chartered, Solana (SOL) is projected to significantly outperform Ethereum (ETH) and Bitcoin (BTC) by 2025—if Donald Trump wins the U.S. presidential election. Geoffrey Kendrick, Global Head of Digital Assets Research at the bank, predicts a fivefold increase in Solana’s price under a Trump presidency. However, Kendrick still forecasts […]

Ethereum Whale Stuns Market with 19,000 ETH Sell-Off Amid Crypto Downturn

A massive Ethereum ($ETH) initial coin offering (ICO) participant has recently shaken up the cryptosphere after selling a staggering 19,000 ETH worth more than $47.5 million in just two days. According to data shared by on-chain analytics firm Lookonchain, the participant received 150,000 ETH during the initial coin offering for $46,500, with the tokens now […]

Guggenheim Partners Issues $20M in Tokenized Commercial Paper on Ethereum

Guggenheim Treasury Services, a subsidiary of the major financial firm Guggenheim Partners, has issued $20 million worth of tokenized commercial paper on the Ethereum blockchain, marking a significant step into the world of digital assets. According to a report by Helene Braun for CoinDesk, this move was confirmed by Guggenheim, although the company did not […]

Commerzbank Partners with Crypto Finance to Offer Crypto Trading to Corporate Clients

On Thursday, Commerzbank announced that it had teamed up with Crypto Finance, a subsidiary of Deutsche Börse, to offer secure trading and custody of cryptoassets to its corporate clients.  This move comes shortly after Crypto Finance reached a similar agreement with Zürcher Kantonalbank in Switzerland. The service will initially focus on Bitcoin and Ether, allowing […]

Bitwise CIO: “It’s Cool To Hate Ethereum Right Now. I Bet This Ends Up Looking Silly.”

Bitwise Investments’ Chief Investment Officer, Matt Hougan, has shared his thoughts on Ethereum’s current state, highlighting that it’s not popular in the market right now. According to Hougan’s memo, the Ethereum-to-Bitcoin price ratio has fallen to its lowest in three years, with Ethereum flatlining on a year-to-date basis while Bitcoin has surged by 38%. Hougan […]

Dormant Ethereum Whale Awakens After Seeing their ETH Holdings Surge Over 44,000%

A mysterious cryptocurrency whale that has been dormant for over eight years has recently resurfaced after seeing the value of the Ethereum ($ETH) holdings surge more than 44,000% to now stand at $39 million. According to data from Ethereum blockchain explorer Etherscan, first shared by EmberCN on the microblogging platform X (formerly known as Twitter), […]

Incoming Volatility? Crypto Market Braces for $1.6 Billion Bitcoin and Ethereum Options Expiry

A total of $1.3 billion worth of Bitcoin ($BTC) options are set to expire today, September 13, 2024, while an additional $298 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market. With a combined notional value of nearly $1.6 billion, the expiry of these contracts, representing […]

Ethereum (ETH) Whales Quietly Keep Accumulating to Now Control 43% of Supply

Ethereum’s largest token holders have been steadily accumulating more of the second-largest cryptocurrency by market capitalization, effectively increasing their dominance as they do so. According to data shared by on-chain analysis firm IntoTheBlock, Ethereum whales’ accumulation has been consistent since 2019 and accelerated in early 2023 after the network’s Shanghai upgrade, which started allowing staked […]

VanEck Is Going to Close and Liquidate Its Ethereum Futures ETF (EFUT)

Global asset manager VanEck has announced plans to close and liquidate its Ethereum futures ETF, known as the VanEck Ethereum Strategy ETF (EFUT). The Board approved the decision to dissolve the fund of Trustees of VanEck ETF Trust on 5 September 2024. VanEck regularly evaluates its ETF offerings based on multiple factors, including performance, liquidity, […]

Ethereum’s Struggles in 2024: VanEck Report Unveils Major Challenges

In this article, we’ll first cover the key highlights from global asset manager VanEck’s “Crypto Monthly Recap for August 2024” report. Then, we’ll take a closer look at VanEck’s detailed analysis on why Ethereum (ETH) has been underperforming relative to other Layer 1 blockchains. Key Highlights from VanEck’s August 2024 Report According to VanEck, the […]

$290 Billion Swiss Banking Giant Launches Bitcoin and Ether Trading Services

One of Switzerland’s largest financial institutions, Zürcher Kantonalbank, which manages over $290 billion in assets, has begun offering its clients the ability to trade, hold, and custody Bitcoin and Ethereum via the bank’s existing mobile app, ebanking, and other channels. ZKB’s decision to embrace crypto aligns with Switzerland’s generally positive stance on digital assets. The […]

Ethereum ($ETH) Price Performance Mirrors 2016 Trend That Preceded a 12,000% Surge

The world’s second-largest cryptocurrency by market capitalization, Ethereum ($ETH) has fallen short of investor optimism this year as it significantly underperformed the flagship cryptocurrency Bitcoin. ETH lost around 35% of its value over the past six months. The cryptocurrency has been enduring a bearish trend despite the launch of spot Ether exchange-traded funds (ETFs) in […]

Ethereum’s Role in the Future of the $1.3 Trillion RWA Tokenization Market: Challenges and Opportunities

Jamie Coutts, Chief Crypto Analyst at Real Vision, offers a critical view on the future of real-world asset (RWA) tokenization. Wall Street forecasts that $10 to $30 trillion in traditional assets could be tokenized within the next decade. However, Coutts views these numbers as overly ambitious, especially when considering that BlackRock, the second-largest asset manager, […]

Ethereum ($ETH) vs. Solana ($SOL): An In-Depth Analysis by Renowned Trading Mentor Thomas Kralow

In a recent video, trading mentor Thomas Kralow compares the current state of Ethereum (ETH) and its strongest closest rival, Solana (SOL). Ethereum’s Current Sentiment and Market Dynamics Kralow begins by acknowledging the current negative sentiment surrounding Ethereum. Despite Ethereum’s fundamental strengths, he says the market sentiment is overwhelmingly pessimistic, with many critics labeling it […]

Several U.S. Exchanges Withdraw Their Proposals for Options on Spot Bitcoin ETFs

According to a report by Sarah Wynn for The Block, Nasdaq ISE, LLC has officially withdrawn its proposals to list and trade options on spot Bitcoin and Ethereum exchange-traded funds (ETFs). The notices were filed on the U.S. Securities and Exchange Commission’s (SEC) website, indicating that Nasdaq ISE withdrew these proposals on Tuesday. Nasdaq ISE […]

Mysterious Crypto Trader Leverages Stablecoins to Buy $12 Million Worth of ETH

A mysterious cryptocurrency trader has placed a substantial bet on Ethereum’s Ether, the second-largest cryptocurrency by market capitalization, borrowing nearly $12 million in stablecoins since August 11 to accumulate over 4,459 ETH. The aggressive buying spree, conducted through decentralized finance (DeFi) exchanges, was first spotted by on-chain analysis service Lookonchain, which noted on the microblogging […]

Fat Finger? Crypto Trader Pays $92,000 Transaction Fee to Move $2,000 in ETH

A cryptocurrency trader has paid a whopping $92,000 to move around $2,300 worth of the second-largest cryptocurrency by market capitalization Ethereum ($ETH) on the blockchain. According to blockchain data from Etherscan, first spotted by on-chain investigator DeFiac on the microblogging platform X (formerly known as Twitter), the trader paid around $90,000 in fees for a […]

Metafide CEO Predicts Bitcoin to Hit $100K and Ethereum $4K by Year-End

On August 13, Frank Speiser, the CEO of Metafide, shared his insights and predictions on Bloomberg TV during an interview with Tim Stenovec and Katie Greifeld. Speiser predicted that Bitcoin could reach $100,000 by the end of 2024, a significant increase from its current trading value of just under $60,000. He attributed this potential rise […]

Ethereum Underperforms: ETH/BTC Ratio Hits Lowest Level Since April 2021

The second-largest cryptocurrency by market capitalization Ethereum ($ETH) has significantly underperformed Bitcoin in recent months to the point the ETH/BTC ratio, a key indicator of the relative strength of the two cryptocurrencies, has plummeted to its lowest level since April 2021, reaching a precarious 0.044. According to data shared by leading institutional digital asset data […]

Zach Pandl on the Launch of the Grayscale Bitcoin Mini Trust (NYSE ARCA: BTC)

On July 31, 2024, Zach Pandl, head of research at Grayscale Investments, was interviewed by CNBC Television, discussing the company’s launch of the Bitcoin Mini Trust ETF and its implications for the cryptocurrency market. Launch of the Bitcoin Mini Trust ETF Grayscale Investments has introduced the Grayscale Bitcoin Mini Trust ETF, a significant addition to […]

Ethereum ICO Participant Moves 1,111 Tokens After 9 Years and 1,000,000% ETH Price Rise

A massive Ethereum ($ETH) initial coin offering (ICO) participant has recently shaken up the cryptosphere after transferring a staggering 1,111 ETH worth over $3.7 million after being dormant for nine years. The wallet in question, 0xE72, received 2,000 ETH back in 2015 during Ethereum’s ICO. This initial investment, worth a mere $620 at the time, has […]

Ethereum Investment Products See Massive $2.2B Inflows with Launch of Spot Ether ETFs

Over the past week cryptocurrency investment products saw $245 million of inflows, with Bitcoin seeing inflows of $519 million to bring its month-to-date inflows to $3.6 billion, a figure dwarfed by the $2.2 billion in inflows the newly issued spot Ethereum exchange-traded funds saw. According to CoinShares’ Digital Asset Fund Flows report, the newly launched […]

Ethereum Whale Transactions Surge to $12.1 Billion in a Day as ETH’s Price Dips Post-Spot ETF Launch

The much-anticipated launch of spot Ethereum exchange-traded funds (ETFs) has failed to ignite sustained upward momentum for the cryptocurrency, with Ethereum’s price enduring a slight correction since the launch of these funds last week to now trade at $3,300. Despite the price drop, on-chain data paints a complex picture with a surge in large Ethereum […]

Ethereum Is Like an ‘Open Source App Store’, Says VanEck CEO

On July 23, Jan van Eck, CEO of VanEck, joined Bob Pisani on CNBC’s “ETF Edge” to discuss the launch of the VanEck Ethereum ETF, its unique fee structure, and the broader implications for investors. This detailed blog post summarizes the key points from their discussion. The conversation began with an overview of the new […]

$ETH: CCData Research Analyzes the Launch of the New Spot Ether ETFs and Their Market Impact

CCData, formerly known as CryptoCompare, is a data and analytics firm that specializes in providing comprehensive and reliable information about the cryptocurrency market. They gather, analyze, and present data on various digital assets, including prices, trading volumes, market capitalization, and historical performance. CCData offers these insights to individuals, institutions, and businesses to help them make […]

$ETH: 21Shares CEO Explains Why Ether Price Did Not Surge on Launch of 9 US-Listed Spot ETFs

On 23 July 2024, 21Shares Co-Founder and CEO Hany Rashwan appeared on “Bloomberg Crypto” to talk to Sonali Basak and Tim Stenovec about Ethereum’s price action on the day that nine US-listed spot Ethereum ETFs started trading, who these ETFs are for, Ethereum’s use cases, and the potential for future integration of staking rewards into […]

‘Ethereum’s Breadth of Applications and Potential Use Cases Present a Compelling Narrative’: BlackRock’s Samara Cohen

On July 23, Samara Cohen, BlackRock’s Chief Investment Officer of ETF and Index Investments, joined CNBC’s “Squawk on the Street” to talk about the launch of spot Ether ETFs and the potential they hold. The discussion began with the host, Bob Pisani, acknowledging the much-anticipated launch of Ether ETFs. Cohen confirmed the launch, noting that […]

Historic Launch: Spot Ether ETFs See $361 Million in Early Trading Frenzy

The U.S. Securities and Exchange Commission (SEC) greenlit the launch of spot Ether exchange-traded funds, which started trading today, and in just 90 minutes of trading a total of $361 million changes hands in these funds. That’s according to Bloomberg intelligence analyst Eric Balchunas, who noted that this trading volume would rank these ETFs “about […]

Spot Ethereum ETF Approval Signals Altcoins Will Eventually Hit Wall Street, Says CEO

On July 23, Anthony Pompliano, founder and CEO of Professional Capital Management, joined CNBC’s “Squawk Box” to discuss the recent approval of spot Ethereum ETFs and its implications for the crypto industry. Pompliano highlighted that the SEC’s approval of spot Ethereum ETFs from various financial giants like 21 Shares, Bitwise, BlackRock, Fidelity, Franklin Templeton, and […]

Crypto Investment Products See Over $1.3 Billion Inflows in a Week with BTC, ETH, and SOL in the Lead

Over the past week, cryptocurrency investment products saw total inflows of $1.35 billion, bringing their ttotal inflows over the last three weeks to $3.2 billion, with Bitcoin investment products bringing in the lion’s share of funds, followed by ETH, Solana, and multi-asset vehicles. According to CoinShares’ Digital Asset Fund Flows report, BTC-focused products saw $1.27 […]

Ethereum ETPs Could Help ETH Price Surge Past $5,000: Bitwise CIO

Matt Hougan, Chief Investment Officer at Bitwise Asset Management, is forecasting a bright future for Ethereum, predicting the cryptocurrency will surpass its all-time high by year-end thanks in part to the launch of spot Ethereum Exchange-Traded Products (ETPs) to trade above $5,000. In a new blog post, Bitwise noted that he believes that the launch […]

Most Read