Traders rush to short Ether as Grayscale pulls its futures ETF plan
Just a 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
Just a 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application. Go to Source
Day one trading volume across all nine products stood at less than $2 million. Go to Source
Ether’s price is up today as traders weigh the possibility of an Ethereum futures ETF launching and a weaker than anticipated inflation print. Go to Source
Bloomberg ETF analyst James Seyffart expects more spot Ethereum ETFs to be filed in the coming days. Go to Source
Bloomberg Intelligence’s Mike McGlone thinks we may be in for a “global economic reset” that could send Bitcoin down to $10,000. Go to Source
The co-filing comes just a week after reports emerged that the SEC is likely to greenlight Ethereum ETF applications. Go to Source
The closing of NFT project Recur comes two years after it was valued at $333 million and had the backing of an Ethereum co-founder, the Winklevoss twins and Gary Vee. Go to Source
The United States Securities and Exchange Commission isn’t likely to block the debut of Ethereum futures ETFs, according to sources. Go to Source