Ether ETFs Saw $340M of Negative Outflows in Their First Week – CoinDesk
Spot Ether (Ethereum) The exchange-traded fund saw negative net inflows in its first week as massive exodus from the incumbent Grayscale Ethereum Trust (ETHE) overwhelmed interest in competing products. Similar Bitcoin (Bitcoin) The fund, which debuted in January, saw net inflows of $1 billion in its first four days, but also saw heavy outflows from […]
Ethereum Price Flat the Day After for Spot ETFs Debut in US – Decrypt
Ethereum (ETH) prices were little changed during morning European trading hours on Wednesday, hovering around $3,445 despite a strong opening day for the spot Ethereum exchange-traded fund (ETF). Price movement has been sluggish even as the new U.S. investment vehicle attracted more than $1 billion in trading volume on Tuesday. According to data from CoinGecko, […]
Cryptocurrencies fall on day 1 of ether ETFs as Mt. Gox moves more bitcoin to creditors – CNBC
People walk past a neon sign advertising a Bitcoin and Ethereum cryptocurrency exchange in Warsaw, Poland, May 19, 2024. Yap Ariens | Nurphoto | Getty Images Bitcoin led the crypto market down on Tuesday, the Ethereum ETF’s first trading day, as investors locked in profits after Mt. Gox sent more bitcoin to creditors and the […]
Ether ETFs appear set to launch on Tuesday, six months after massive debut for bitcoin funds – CNBC
The regulator did not immediately respond to CNBC’s request for comment on Monday. The agency approved rule changes in May to allow exchanges to list ethereum funds. Among the firms that have been racing to launch Ethereum funds are large asset managers such as BlackRock, Fidelity and VanEck, along with crypto-focused firms such as Bitwise, […]
Ethereum ETFs May See ‘Lower-Than-Anticipated Demand’: Report – Decrypt
We do the research and you get the alpha! Get exclusive reports and access key insights on airdrops, NFTs, and more. Subscribe to Alpha Reports today and step up your game. To Alpha Report The cryptocurrency market is eagerly anticipating the launch of an Ethereum exchange-traded fund (ETF), but demand may not be as strong […]
Ether ETFs are coming. Here's how Wall Street says the funds will impact the world's 2nd-biggest crypto. – Markets Insider
The spot Ethereum ETF could reportedly launch as early as July 22. Wall Street analysts are divided on how this will affect Ethereum. Most are keeping an eye on the inflows into the new ETF to determine what impact it will have on Ethereum price. Thank you for your registration! Access your favorite topics on […]
Boom in Bitcoin ETFs: Over $17 billion in net inflows – Cointribune EN
6:40pm 3 Takes a few minutes to read ▪ Micaiah A. The democratization of Bitcoin through ETFs is in full swing. These financial instruments have been a remarkable success and allow investors to turn to regulated investments. Currently, Bitcoin ETFs are seeing record inflows, indicating growing enthusiasm for this cryptocurrency. In this article, we explore […]
US Bitcoin ETFs see record $17B in net inflows – Cointelegraph
In a landmark achievement, a U.S. Bitcoin spot exchange-traded fund (ETF) recorded cumulative inflows of over $17 billion, setting a new record. According to the data Monitored Net inflows were driven primarily by BlackRock’s IBIT, which alone brought in $18.968 billion, according to Far Side Investors, while Fidelity’s FBTC also contributed significantly with $9.962 billion […]
Ether ETF opens the floodgates for Solana ETFs and crypto products: Analyst – Cointelegraph
The launch of the first spot Ethereum exchange-traded fund (ETF) opens the door for more cryptocurrency exchange-traded funds, including Solana-based ETFs. The upcoming launch of the first spot Ether (ETH) ETF could pave the way for more cryptocurrency ETFs, according to Bloomberg senior ETF analyst Eric Balchunas. Analysts expect to see more products based on […]
Ether ETFs on the move, Messi promotes memecoin, and more: Hodler’s Digest, July 7-13 – Cointelegraph
This week’s top stories VanEck and 21Shares File Amended Ether ETF Application with SEC Asset management firms VanEck and 21Shares amended their S-1 filings with the U.S. Securities and Exchange Commission for an Ethereum exchange-traded fund (ETF) on July 8. Although neither amended filing provided a specific launch date, experts have suggested that the Ethereum […]