The rapid outflows from US Ethereum spot ETFs highlight investor volatility and potential instability in the cryptocurrency market.
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BlackRock's iShares Ethereum Trust led with $266 million in net inflows as spot Ethereum funds made a strong debut in the US market.
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Grayscale's costly Ethereum ETF faces competitive pressure, potentially reshaping investor preferences and market dynamics in the crypto ETF space.
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Bitcoin price could reach above the $88,000 mark by September, driven by continued Bitcoin ETF inflows.
Inflows into BlackRock’s Bitcoin exchange-traded fund (ETF) have exceeded those into the “magnificent seven” stocks in 2024, putting BTC price on track for $88,000 by September.
BlackRocks’s iShares Bitcoin Trust ETF has accumulated nearly $19 billion of Bitcoin (BTC) year-to-date (YTD).
These "baffling" inflows are greater than those of the “magnificent seven” stocks in 2024, according to Jeroen Blockalnd, the founder of Blockland Smart Asset Fund, who wrote in a July 23 X post:
On Tuesday, Bitwise Investments disclosed a collection of Ethereum Name Service (ENS) subnames for its ethereum reserve holding wallets. Bitwise emphasized that this level of transparency is unique to cryptocurrency, allowing the public to easily verify the firm’s net assets. Bitwise Leads in Transparency by Publishing Ethereum ETF Addresses At 7:50 a.m. EDT on Tuesday, […]
Nick Johnson, lead developer of the Ethereum Name Service, shared his thoughts and memories of Ethereum on its 10th anniversary.
The Ethereum initial coin offering (ICO) — one of the most important events in the history of cryptocurrency — began on July 22, 2014, just a little over 10 years ago.
The ICO ran for 42 days until Sept. 2 and allowed participants to buy 2,000 Ether (ETH) for the price of 1 Bitcoin (BTC).
Cointelegraph spoke with Nick Johnson, the lead developer of the Ethereum Name Service (ENS) and former member of the Ethereum Foundation, about Ethereum and how it changed his life and the crypto landscape forever.
BlackRock’s Bitcoin ETF has witnessed over half a billion dollars of inflows on the same day a flurry of spot Ether ETFs got the nod to begin trading.
BlackRock’s spot Bitcoin exchange-traded fund (ETF) has notched its biggest day of inflows in over four months, with over $523 million entering the fund on Monday.
The iShares Bitcoin Trust (IBIT) scooped up 7,759 Bitcoin (BTC) on July 22 — worth just over $523 million at current prices — according to Hey Apollo data cited by its co-founder in a July 23 post to X.
The July 22 addition brings the total sum of inflows into BlackRock’s fund to 333,000 BTC which equates to $22 billion at current prices.
The SEC's approval of Ethereum spot ETFs could significantly boost institutional investment and mainstream adoption of cryptocurrencies.
The post SEC approves Ethereum spot ETFs, trading to start tomorrow appeared first on Crypto Briefing.
The funds still await the SEC's approval of S-1 forms. Their launch in the United States is expected to take place on July 23.
The NYSE Arca has confirmed its approval to list and trade spot Ethereum exchange-traded funds (ETFs) from asset managers Grayscale and Bitwise.
According to documents filed with the United States Securities and Exchange Commission (SEC) on July 22, the exchange has certified “its approval for listing and registration of the common units” of Grayscale Ethereum Trust and Bitwise Ethereum ETF.
The funds are still pending the security regulator’s authorization to debut, and analysts anticipate a launch date of July 23.
Biden’s sudden move to abandon the 2024 presidential race could be a “huge boost” for crypto assets, but it may be too soon to get excited about a massive crypto rally.
United States President Joe Biden shocked the markets when he ended his reelection bid on Sunday, July 22.
Some analysts suggested that the president’s withdrawal from the election race could benefit Bitcoin (BTC) and other crypto assets in the coming months, while others cautioned that investors should temper their excitement for now.
The price of Bitcoin immediately dipped as much as 2.8% following the announcement, touching the $65,800 mark, but it quickly regained over 3.6% by the time of publication, according to TradingView data.
