Ether surges 47% in a month as hedge fund claims ‘quick turnaround’ is improbable
The ether price surged to $3,600 on Thursday, and as long as two significant macro factors hold, a drop seems unlikely. “The data we’ve seen this week contradicts any rapid turnaround,” said Felix Xu from ZX Squared Capital, speaking with Cointelegraph. ETFs Thriving, Uncertainty Boosts Ether Xu highlighted a rise in investment into US spot […]
Ether ETF inflows are notable, but futures data indicates traders are being careful.
Key Observations Ether has dropped by 4% recently, raising doubts among traders about a return to $3,000 level. Indicators around funding and options point to low short-term confidence in ETH’s price movements. In the last week, Ether (ETH) has seen a 4% decrease, even as the overall cryptocurrency market capitalization increased by 1%. This raises […]
Ethereum Whales and Sharks Accumulate 1.49M in 30 Days, Now Control 27% of Total Ether Supply
Ether Market Overview On June 14th, Ether was priced at $2,508, reflecting a slight decline of 0.88% over the past day. Despite recent fluctuations in institutional interest, it has managed to maintain support levels above $2,500. According to the Crypto Analytics Platform Santiment, wallets known as Whale and Shark Wallets, which hold between 1,000 and […]
Bitcoin remains above $100,000 as ether has its strongest week since 2021.
Neon signs advertising Bitcoin and Ethereum exchanges were visible in Warsaw, Poland, on May 19, 2024. In recent news, the cryptocurrency market has continued its upward trend, with Bitcoin remaining steady above the $100,000 mark—something it hasn’t seen since 2021. As reported by Coin Metrics, Bitcoin saw a 2% increase, reaching $103,249.99 on Friday, after […]
BlackRock’s head of digital assets says staking could be a ‘huge step change’ for ether ETFs – CNBC
Omar Marquez | Lightrocket | Getty Images appetite ether According to Robert Mitchnick, BlackRock's digital assets director, ETFs have been released in July last year and are lukewarm, but they can change once some of the regulatory wrinkles are “resolved.” Mitchinik has a widespread view at New York City's Digital Assets Summit on Thursday that […]
NYSE proposes rule change to allow ETH staking on Grayscale’s spot Ether ETFs – TradingView
The New York Stock Exchange (NYSE) is filing with US regulators on behalf of asset manager Grayscale to approve approval to introduce staking to funds (ETFs) trading on the Spot Ethereum Exchange . If approved, grayscale is permitted to stake ether ethusd According to a February 14 filing with the Securities and Exchange Commission (SEC) […]
NYSE proposes rule change to allow ETH staking on Grayscale’s spot Ether ETFs – Cointelegraph
The New York Stock Exchange (NYSE) is filing with US regulators on behalf of asset manager Grayscale to approve approval to introduce staking to funds (ETFs) trading on the Spot Ethereum Exchange . If approved, Grayscale will stake ether (ETH) within the Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust ETF (ETH) […]
Ether is at ‘peak bearishness’ and faces tipping point: Tyr Capital co-founder – Cointelegraph
Ether's sentiment likely hit Rock Bottom, making it more likely that a short-term price reversal is more likely, according to Ed Hindi, co-founder of Swiss investment firm Tyr Capital. “Ethereum has reached its peak, reached its 'bearth' and is now at a turning point,” Hindi said in its February 13 market report. Ether can retest […]
Ether ETF net inflows hit $2.6B in December – Cointelegraph
Total net inflows into the Ether (ETH) exchange-traded fund (ETF) exceeded $2.6 billion in December as the fund gained momentum against the wildly popular Bitcoin (BTC) ETF, according to data from Farside Investors. Ta. In November and December, the Ether ETF posted eight consecutive weeks of net inflows, with a record $2.2 billion in inflows […]
Investors pile a record $432M into Ether ETFs amid 9 days of inflows – Cointelegraph
The US Spot Ether exchange-traded fund just recorded its biggest day of inflows in history, resulting in the ninth consecutive business day of positive inflows for the rising cryptocurrency. The US 9 Spot Ether ETF had total inflows of $431.5 million on December 5th. According to to spare Data from Farside Investors and decentralized news […]