‘Ethereum is starting to catch a bid’ — US ETFs hit record $295M inflow
Fidelity’s spot Ether ETF led the pack with $115.5 million worth of inflows on Nov. 11, while BlackRock, Grayscale and Bitwise’s Ether ETFs also saw inflows. Go to Source
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Altcoin Resurgence Expected if Ether ETFs Drive Sharp Uptick in ETH, Says Two Prime’s Blume
A managing partner at SEC-regulated Registered Investment Advisor Two Prime has discussed the potential impact of spot ether exchange-traded fund (ETF) launches on the cryptocurrency market. He explained that early demand could be greater than when spot bitcoin ETFs launched and suggested that a sharp uptick in ethereum price from the ether ETFs could lead … Read more
Bitwise pledges 10% of spot Ether ETF profits to Ethereum developers
Bitwise launches its spot Ether ETF, pledging 10% of profits to Ethereum developers via Protocol Guild and PBS Foundation. Go to Source
Grayscale transfers $1B ETH to Coinbase a day ahead of Ether ETF launch
The transfer occurred a day ahead of the launch of the first spot Ether ETFs in the United States, which are expected to start trading on July 23. Go to Source
Cboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness
Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC) approved Form 19b-4 filings for eight spot ether ETFs in May and has … Read more
Spot Ether ETFs ‘unlikely to be dramatic’ but would get steady capital — Binance CEO
Binance CEO Richard Teng highlighted that the spot Ether ETFs could provide a stable and substantial influx of capital over time. Go to Source
Google Trends Shows Ethereum Interest Rising Rapidly as ETF Launch Approaches
According to recent statistics from July 16, 2024, Google Trends data reveals a significant increase in interest for the term “ethereum,” climbing from a score of 57 out of 100 on July 14 to a peak of 82 on Monday. Similarly, the search query “bitcoin” saw a rise, moving from a score of 71 to … Read more
US Spot Ether ETFs to Launch on July 23 Pending Final SEC Approval, Analyst Says
The U.S. Securities and Exchange Commission (SEC) has finally gotten back to issuers concerning the final approvals for spot ether exchange-traded funds (ETFs). Preliminary approval has reportedly been granted for at least three of the eight proposals set to launch next Tuesday. Issuers of these spot ether ETFs have been working with the SEC to … Read more
Binance CEO: Crypto Prices May Fluctuate but Fundamentals Are Strong
Binance CEO Richard Teng has highlighted the significant interest in bitcoin and other cryptocurrencies, noting that U.S.-listed bitcoin exchange-traded funds (ETFs) had attracted over $14.7 billion in net inflows over the past six months. Teng emphasized the industry’s robust long-term fundamentals and urged the community to stay focused and continue building despite market fluctuations. Binance’s … Read more
Singapore Exchange CEO Discusses Future of Crypto Listings
Singapore Exchange (SGX) CEO Loh Boon Chye has shared his insights on whether Singapore’s largest stock exchange will offer crypto-based listings. The executive emphasizes the need for a sustainable ecosystem, stating: “That really means demand, that really means governance, that really means structure.” Despite global trends and institutional pressure, Loh asserts that current conditions are … Read more
