On April 14, the Securities and Exchange Commission delayed its decision on staking for the Grayscale Ethereum Trust ETF and the Grayscale Ethereum Mini Trust ETF. In February, the New York Stock Exchange filed a proposed rule change on behalf of Grayscale that would permit staking for the products. However, the regulator is not ready […]
The past few months have been difficult for the Ethereum ecosystem, with ether (ETH) falling to levels not seen since 2020. ETH is significantly underperforming compared to bitcoin (BTC) and some major cap altcoins. Worse still, the bleeding does not appear to be stopping soon. According to a report by the market analytics platform CryptoQuant, […]
The crypto market has been bleeding for weeks, which is evident in the outflows recorded by Bitcoin and Ethereum exchange-traded funds (ETFs) and products. Last week alone, the financial vehicles tracking both assets saw outflows exceeding $1.2 billion across several countries, including the United States, Switzerland, and Canada. Withdrawals from other digital asset products brought […]
On Feb. 12, the Chicago Board Options Exchange filed on behalf of asset manager 21Shares to list a spot staked Ethereum ETF. The 19b-4 filed by the Cboe BZX Exchange is for a product called the “21Shares Core Ethereum ETF”, which was previously named ARK 21Shares Ethereum ETF. Its purpose is to allow staking of […]
Following the solid end in January, the spot Bitcoin ETFs have shown some mixed reactions to the macroeconomic uncertainty that started with US President Trump’s tariffs. In contrast, the Ethereum ETFs have enjoyed the past week by registering more net inflows than their BTC counterparts for the first time. Ethereum ETFs See Substantial Demand Recall […]
Ethereum is finally moving independently from its big brother, Bitcoin, which has corrected over the past week. As a result, ETH prices hit $3,682 during early trading in Asia on Thursday, its highest level since June 10. This culminated in an 18% gain over the past week. Conversely, Bitcoin has declined by 2% over the […]
The US-based spot Bitcoin ETFs enjoyed a highly positive week, with every trading day ending with net inflows of millions and even billions of dollars. In stark contrast, the Ethereum counterparties ended the same five-day trading period deep in red territory. Over $3B Enter BTC ETFs Weekly It has been nothing short of a spectacular […]
Ethereum prices have surged a whopping 38% over the past seven days, outpacing Bitcoin’s gains, which were around 30% over the same period. Moreover, Ethereum’s market capitalization has increased by more than $100 billion in less than a week. To put this into perspective, this is more than Solana’s entire market capitalization. This has pushed the […]
In perhaps one of the most intriguing and important weeks for the US, local investors showed uncertainty at first but ultimately changed their sentiment toward the spot Bitcoin ETFs as the country elected a new president. Even the spot Ethereum ETFs saw some impressive net inflows for their own standard. BTC ETFs During Election Week […]
The eleven spot Bitcoin ETFs in the US saw a record inflow day as $1.37 billion in inflows entered the institutional investment products on Nov. 7. The massive inflow comes as Bitcoin notched a new all-time high just below $77,000 in the wake of Donald Trump’s presidential election victory this week and as the US […]