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How to buy Ether (ETH) on eToro

Here’s the step-by-step process of purchasing ETH on eToro and exploring the platform’s user-friendly interface and seamless transaction procedures.

When buying Ether (ETH) or any other cryptocurrency, the platform is a crucial consideration, as it influences essential factors such as the simplicity of the process and issues regarding compliance, fees, security and trust. EToro is a social trading and multi-asset investment platform built around investor education and a string of functionalities for seamless trading.

EToro is a regulated platform offering a diverse cryptocurrency portfolio, including Ether. Market insights, educational resources and research tools available on the market help users keep tabs on the dynamic Ethereum landscape.

This article dives into how to buy Ethereum on eToro. The steps covered include creating an eToro account, verifying your identity, depositing funds into an eToro account and using those funds to buy Ether.

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Hedge Funds Adopt Net Short Positions on BTC and ETH Futures, Kaiko Analysis Reveals

Hedge Funds Adopt Net Short Positions on BTC and ETH Futures, Kaiko Analysis RevealsIn a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects a cautious stance amid fluctuating market dynamics and speculative trading activities. Study Shows Hedge Funds’ Net Short Positions in Bitcoin and Ether Futures Amid Market […]

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Mad Money’s Jim Cramer Endorses Ether as ‘Great Store of Value’ Amid US Dollar Concerns

Mad Money’s Jim Cramer Endorses Ether as ‘Great Store of Value’ Amid US Dollar ConcernsJim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds (ETFs), highlighting the cryptocurrency as a “great store of value” amid concerns over the U.S. dollar due to federal budget deficits. “I have ether because it’s a great store of value,” he affirmed. Jim Cramer on Ethereum and […]

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Polymarket gets backlash over ‘approved’ outcome on $13M Ethereum ETF bet

A multi-million bet on “Ethereum ETF approved by May 31” resolved to a “Yes” on Polymarket as news from the SEC broke, but the losing side argues it's not over yet.

Polymarket users who lost money by betting against the approval of spot Ether (ETH) exchange-traded funds (ETFs) are crying foul toward the decentralized betting platform, arguing the bet is still on. 

One betting market on the blockchain platform saw over $13.2 million worth of bets placed on whether an Ether ETF would be approved by May 31 — but it didn’t exactly detail what “approved” meant.

The market closed at a “Yes” result on May 23, after the Securities and Exchange Commission greenlit the 19b-4 filings for multiple Ether ETFs. Polymarket's logs show the result was briefly disputed but ultimately resolved with the same “Yes" outcome.

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VanEck drops new Ethereum ETF ad within an hour of SEC approval

VanEck launched a new ad centered around Ethereum, just 30 minutes after the SEC greenlit 19b-4 proposals for spot Ether ETFs.

Asset manager VanEck was quick to celebrate its newly-approved spot Ether (ETH) exchange-traded fund (ETF) with an arty 37-second advertisement coaxing viewers to “Enter the ether.”

VanEck posted its ad spot to X on May 23, roughly 30 minutes after the Securities and Exchange Commission approved its 19b-4 filing for a spot Ether ETF alongside BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy, and Bitwise.

The SEC still needs to greenlight each ETF’s S-1 filing to begin trading, which analysts say could take as long as a few months.

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Prometheum launches Ether custody service that treats ETH as a security: Report

The digital assets platform soft-launched its controversial Ethereum custody service on May 17 and is targeting a full launch next month.

Digital asset trading and custody firm Prometheum has reportedly soft-launched its controversial Ether (ETH) custody service, which treats digital assets as security.

According to a May 20 report from Fortune, the custody solution has been rolled out to a few select companies on May 17, with a full-scale launch expected to take place in June.

Prometheum is targeting its services toward asset management firms, hedge funds, banks and registered investment advisors and aims to expand to retail clients later in 2024.

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The Week’s Biggest Crypto Gainers and Losers: PENDLE Soars, WLD Plummets

The Week’s Biggest Crypto Gainers and Losers: PENDLE Soars, WLD PlummetsThis week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between 10% and 33.4%. Weekly Crypto Highlights: Double-Digit Gains and Losses Across the Board As of Monday, the total value of the crypto economy stands at […]

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Liquid Staking Market in Flux: Withdrawals Hit Swell and Mantle, Reshuffling Landscape

Liquid Staking Market in Flux: Withdrawals Hit Swell and Mantle, Reshuffling LandscapeOver the past 18 days, 27 distinct liquid staking derivatives (LSD) protocols have experienced withdrawals amounting to approximately 50,000 ether, valued at $146.72 million. The most significant reductions occurred in the LSDs Swell and Mantle, with Swell’s ether holdings decreasing by 23,078 ether since April 28, 2024. LSD Protocol Reductions Continue Despite Minor Gains for […]

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Hong Kong Bitcoin, Ether ETFs wipe 2 weeks of inflow in a single day

Net outflows for Hong Kong’s crypto ETFs reached a record $39 million on Monday with bleeding felt across all six funds.

Hong Kong’s Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) posted the largest-ever net outflow on Monday, May 13 — wiping all gains they’ve made since launching under two weeks ago.

Bosera, ChinaAMC and Harvest Global’s spot Bitcoin ETF funds posted net outflows of $32.7 million, with ChinaAMC’s Bitcoin fund coming in as the biggest loser on the day with $15.5 million in outflows, according to Farside Investors data.

Meanwhile, spot Ether ETFs from the same issuers saw total joint net outflows of $6.6 million. Harvest Global and ChinaAMC tied for most outflows with $3 million each.

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Ethereum ‘speculatory divergence’ sees ETH price cling to $3K support

ETH price action currently focuses on a key line in the sand for Ethereum short-term holders.

Ethereum's Ether (ETH) has “underperformed” compared to Bitcoin (BTC) this cycle, and new holders now risk falling into losses.

In the latest edition of its newsletter, “The Week On-Chain” on May 7, analytics firm Glassnode revealed the role of speculators in ETH price support.

Both Bitcoin and Ether have seen downside price action following the former’s latest block subsidy halving in April.

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