Fidelity Ethereum ETF records largest daily outflows since launch
The Fidelity Ethereum Fund recorded outflows of $25 million on Oct. 1, the highest daily record among US-based spot Ether ETFs, excluding Grayscale. Go to Source
Grayscale Ethereum Trust
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Spot Ethereum ETFs record longest outflow streak amid drying investments
Ethereum ETFs in the US face significant outflows, contrasting Bitcoin ETFs, which continue to attract investments. Go to Source
US Bitcoin, Ethereum ETFs hit $6B volume amid market rout
Bitcoin sunk to under $50,000 at the start of US trading on Aug. 5, prompting a huge spike in trading volumes of crypto-related ETFs. Go to Source
Grayscale ETHE outflows continue as Ethereum ETF shows mixed trends
Factors such as market performance, management strategies, and broader economic conditions could influence the significant outflows from Grayscale’s ETHE. Go to Source
2.91 Million ETH Held by 9 Ethereum ETFs: A Reserve Overview
Although the data for Thursday’s ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that trade volume was marginally lower than the first two days. The funds currently hold slightly over $9 billion in ether, with about 2.91 million ether secured. Ether ETFs Manage $9.25 Billion in Reserves As of … Read more
Spot Ethereum ETFs seen with over $1B in trading volume on debut
Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume excluding Grayscale’s ETHE was “healthy” and expects a “sizeable chunk” of that sum will convert to inflows. Go to Source
Grayscale’s spot Ether ETFs launch on New York Stock Exchange
A Grayscale executive said the products will provide traditional investors with exposure to an asset that has the potential to transform the entire financial system. Go to Source
Ethereum ETFs Could Drive Prices to New Highs, Says Bitwise CIO
Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis suggests that the introduction of spot ethereum exchange-traded funds (ETFs) will significantly impact ether prices, potentially driving them above $5,000 by year-end. Bitwise’s Hougan: Ethereum ETFs to Push Prices Above $5,000 Bitwise CIO Matt Hougan … Read more
Crypto exchange FTX gets nod to sell $873M of assets to repay creditors
Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC. Go to Source
12 Companies Keep Close to $700 Million in Ethereum in Treasuries
During the last year, there’s been a lot of discussion concerning bitcoin treasuries or public firms putting bitcoin on their balance sheets. However, the leading crypto asset by market valuation is not the only digital currency being held by treasuries. Ethereum has become a prominent treasury asset as a number of companies are known to … Read more
