One of the most prominent American financial advisory firms, Vanguard Group, is under a lot of heat for not supporting Spot Ethereum ETFs. This decision is made in light of the current regulatory changes and the increasing interest in digital assets. Spot Bitcoin ETFs were previously the subject of a
DBS Bank, Singapore’s largest financial institution, has been identified as a major player in the cryptocurrency market, holding nearly $650 million in Ethereum (ETH), according to blockchain analytics firm Nansen. The bank’s ETH holdings amount to 173,700 ETH, highlighting its major involvement in the crypto space. DBS Bank, with assets
BlackRock, the world’s largest asset manager, is getting closer to launching its Ethereum ETF, the iShares Ethereum Trust (ETHA). The company recently submitted an amended S-1 registration form to the U.S. Securities and Exchange Commission (SEC), following the regulator’s approval of Form 19b-4 for eight Ethereum ETFs. The updated S-1
Layer-2 protocols are similar to “cultural extensions of the Ethereum” network, as Ethereum co-founder Vitalik Buterin emphasized in a recent blog post. The co-founder of Ethereum began the blog post by explaining the basics of Layer-2 protocols and how they vary from Layer-1 protocols. Buterin thinks that, rather than technological
Officially, Hashdex is pulling the plug on their planned spot Ethereum ETF. This withdrawal came only one week after eight other issuers’ comparable bids were approved by the U.S SEC. On Tuesday, Nasdaq announced a change in strategy by withdrawing the Hashdex Nasdaq Ethereum ETF. Following the SEC’s approval of
The crypto market is in bullish momentum as Bitcoin reclaims the $70,000 level and Ethereum’s futures market explodes with speculation around an imminent ETF approval. In this charged atmosphere, an unlikely star is emerging – Retik Finance (RETIK), a Cardano alternative that has already secured a staggering $32 million in
Ethereum whales have drawn market attention with increasing transactions since last week. As the ETH market price has shown significant growth over the last 14 days, the whale movements have instigated an additional optimistic outlook amidst investors. In the Asian morning hours of Wednesday, a particular whale identified with wallet
The Ethereum ecosystem has witnessed multiple advancements exclusively in the last week. The SEC’s approval of the spot ETH ETF received great interest from the crypto sector worldwide. Ethereum also witnessed a bullish rally which was fueled by the anticipation surrounding ETF approval. Presently, the total value locked on the
Following the approval of an Ethereum exchange-traded fund (ETF), Arbitrum saw a notable surge of 5% in the last 24 hours, attracting 100,000 new users to the platform. This surge propelled the price of ARB to reclaim the $1.20 mark, climbing over 30% in a weekly time frame from $0.9757
Ethereum (ETH) is currently experiencing upward momentum, trading at $3,912 with a notable 4.50% surge and a substantial 78% increase in trading volume. This recent bullish activity follows ETH’s achievement of a ten-week high at $3,949 three days ago. ETH is now consolidating near $3,850 and is poised for an
