On July 23, 2024, the U.S. Securities and Exchange Commission approved the launch of several ethereum (ETH) spot exchange-traded funds (ETFs), marking a significant development
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US Ethereum ETFs Hold $10.24B in Reserves Following $106M in Inflows
Based on the recent data, the nine newly introduced ethereum exchange-traded funds (ETFs) saw $106.78 million in inflows on Tuesday. Blackrock took the lead with
Read moreSpot Ethereum ETFs seen with over $1B in trading volume on debut
Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume excluding Grayscale’s ETHE was “healthy” and expects a “sizeable chunk” of that sum
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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,
Read moreLMBO and REKT: Direxion debuts leveraged ETFs tracking crypto equities
Despite the fun-sounding tickers, the two newly launched Direxion funds saw less than $50,000 in combined trading volume on their first trading day.
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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
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