In continuation of their withdrawals from the previous day, the nine U.S spot Ethereum exchange-traded funds saw net outflows of $152.3 million on Thursday, their third day of trading. According to statistics from SosoValue, out of all the funds, only the Grayscale Ethereum Trust (ETHE) saw a net outflow of
Franklin Templeton, a prominent global asset management firm, has expressed strong optimism about the future of Solana (SOL) within the cryptocurrency ecosystem. The firm’s enthusiasm has played an influential role in the recent launch of Bitcoin and Ethereum spot ETFs in the U.S. Besides Bitcoin and Ethereum, there are other
The Ethereum ecosystem hit a new milestone with the US Spot ETH ETFs starting trading in the last 24 hours. After considerable anticipation, the digital assets began trading on July 23 after the SEC approved the final filings. On the first day of trading, the nine ETFs recorded a total
The overall crypto market, in the last 24 hours, recorded minor declines in market cap. Meanwhile, the overall trading volume increased by 21.96%. Leading cryptocurrency, Bitcoin with a modest daily decline slid back to the $66K level. On the other hand, the largest altcoin Ethereum, began showing price increases fueled
Monday saw the biggest net inflow of $526.7 million for BlackRock’s IBIT, the biggest spot bitcoin exchange-traded fund by net asset value, since March 13. Net inflows of $533.57 million were recorded by ten U.S spot bitcoin ETFs yesterday, with the exception of Bitwise’s BITB, as reported by SoSoValue. Following
Ending the eight month, the Securities and Exchange Commission (SEC) flashed the greenlight to the entry of spot Ethereum Exchange Traded Funds (ETF’s) in the U.S. This approval of ETH ETFs began trading in the market today. The investors were highly anticipating the new crypto asset to invest in. ETH
The Chicago Board Options Exchange (CBOE) recently announced that five new spot Ether ETFs will commence trading on July 23, following the SEC’s approval of rule changes on May 23. These ETFs, including top institutions like VanEck, 21Shares, Invesco Galaxy, Fidelity, and Franklin, are expected to draw significant attention from
The crypto market anticipates the impact of spot Ethereum ETFs launch on the momentum it is currently experiencing. After a week of bearish signals along with brief recovery rallies, ETH continues to trade within the $3.4K level. Earlier this week, Grayscale announced a waiver fee strategy, waiving fees on inflows
On Wednesday, a total of $53.35 million daily net inflow was recorded into the eleven U.S. spot bitcoin exchange-traded funds, bringing the positive run to nine days. Having said that, Tuesday’s net inflows of $422 million were far higher. SoSoValue data shows that BlackRock’s IBIT had the day’s greatest net
The most anticipated US Spot Ethereum ETFs are expected to make their market debut on July 23. In preparation for the launch, issuers have filed their S-1 filings and made announcements on fees, custodians, and other facets of their respective products. The market has also seen several updates from the
