Stay up to date with Ethereum News, dedicated to covering the second-largest cryptocurrency’s technological developments, Ethereum-based projects, and market changes. Discover the latest on DeFi expansions, Layer-2 solutions, and smart contract innovations shaping the future of Ethereum’s ever-evolving ecosystem.
Bitwise (@BitwiseInvest) launched the first U.S. spot $ETH ETF, revealing Ethereum addresses and ENS names for transparency. Trading volume hit $361M within 90 minutes. This sets a new standard for ETF transparency. #CryptoNews
Large Ethereum holders cashed out $747M ahead of spot $ETH ETFs launch in the US, marking the highest profits in 40 days. Long-term holders saw gains soar to $666M. #CryptoNews
Solana ($SOL) jumps 33.78% in 30 days to $180.76, but analysts warn of a potential downturn. Rollblock ($RBLK) draws investors with its DeFi casino model, offering 30% weekly profits and predicting 800% surge. Currently priced at $0.017. #Update
? The U.S. launched spot Ethereum ETFs on July 23, 2024, with $112M in trading volume in just 15 minutes. Grayscale Ethereum Trust (ETHE) led with $39.7M. Experts predict $5-6B inflow in a year. Ethereum (ETH) showed resilience. #CryptoNews #Update
First nine U.S. spot Ethereum ETFs launched with SEC approval, debuting with nearly $10.3B AUM. Analysts predict inflows exceeding $20B, potentially boosting $ETH price above $4,878. ETH staking offers 3.3% return. #CryptoNews #Update
VanEck’s Gabor Gurbacs warns about fund concentration risks as 8 of 9 U.S. spot Ethereum ETFs choose Coinbase as custodian. VanEck opts for Gemini, while Fidelity uses self-custody. Experts call for multi-custodian setups to enhance investor safety. #Crypto @Coinbase @Fidelity #Update
Grayscale Investments moved 292,263 ETH ($1.01B) to Coinbase Prime ahead of the Ethereum-ETF launch on July 23, 2024. The ETF is expected to draw $1B monthly. Grayscale also introduced the Ethereum Mini Trust with 0% management fees for 6 months. #CryptoNews
BlackRock’s Ethereum ETF, $ETHA, is now live for trading with a 0.25% sponsor fee and a one-year waiver. Approved by the SEC on July 12, it competes with Grayscale. Investor excitement is high as Ethereum surpasses $3,500. #CryptoNews
Ethereum ETFs launched today on major exchanges, with expected inflows between $1.67B and $2.50B. Analyst Eric Balchunas suggests ETH price could hit $3,740-$4,675 by end of 2024. #EthereumETFs #Update
The @SECGov has approved eight new spot Ethereum ETFs from firms like @Grayscale and @BlackRock. Grayscale’s $ETHE will convert to a spot ETF. Grayscale’s ETH Mini Trust offers lower fees over 10 years compared to BlackRock’s ETHA. #Update
Ethereum ($ETH) remains stable at $3,500 as the SEC approves ETFs from @BlackRock and @InvescoUS. This milestone may influence market dynamics, with potential price dips expected due to ‘buy the rumor, sell the news.’ #Update
Ethereum takes a major step towards mainstream adoption with @binance introducing the Ethereum-ETF in Central and Eastern Europe and Central Asia. This launch boosts Ethereum’s appeal by enhancing liquidity and attracting institutional investments. #CryptoNews #Update $ETH
The Ethereum Foundation sold 100 ETH for 345,179 DAI ahead of the spot Ethereum ETF debut, sparking skepticism among investors. Historically, they’ve sold 2,366 ETH for 6.9M DAI this year. ETH price is up 0.50% to $3,505 with increased trading in $ETHE and $ETHA. #Update
Cryptocurrency exchange @OKX will delist over 30 trading pairs tied to $BTC and $ETH starting July 25 to optimize liquidity. Affected pairs include $LTC/ETH and $MATIC/BTC. Users must cancel active orders to avoid automatic cancellations. #CryptoNews
