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Vaneck Reveals Plans to Close Ethereum Futures ETF

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On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that shareholders will have until September 16, 2024, to sell their shares before delisting. Vaneck to Wind Down Ethereum Futures ETF According … Read more

Ethereum Approaches Key Support As Whale Activity Signals Potential Market Shift

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Ethereum’s price is approaching a long-term support level, with a potential bounce from the $2.2k mark offering a bullish outlook. However, recent whale activity suggests caution may be warranted. Just 30 minutes ago, a whale or institutional address, inactive for the past 15 months, transferred all 10,281 ETH (worth approximately $24.7 million) to Coinbase, possibly … Read more

Swiss Bank ZKB Partners With Crypto Finance to Launch Crypto Asset Brokerage

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Zürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has partnered with Crypto Finance AG to offer crypto asset brokerage services. By partnering with Crypto Finance AG, ZKB gains access to an experienced and regulated partner with deep industry expertise in the crypto space. This partnership marks a significant step towards the broader acceptance of cryptocurrencies in … Read more

Report Disputes EIP-1559’s Role in Ethereum’s ‘Ultrasound Money’ Narrative

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Mark Odayan, head of research at 2077 Research, asserts that Ethereum’s EIP-1559 should not be equated with the concept of “Ultrasound Money.” Odayan’s insights aim to clarify the transaction fee mechanism introduced by EIP-1559 and address widespread misunderstandings. Ethereum’s EIP-1559: Mark Odayan Calls for Rethinking ‘Ultrasound Money’ Links In a detailed analysis by 2077 Research, … Read more