Ethereum Watch

Asset managers ARK Invest and 21Shares have taken the first step towards launching an exchange-traded fund (ETF) directly holding Ether (ETH). Advertisements The two firms submitted an application to the US Securities and Exchange Commission (SEC) on Wednesday. They are seeking regulatory approval for their proposed Ark 21Shares Ethereum ETF. A First for Ethereum ETFs […]

Average daily trade volume across Ethereum’s derivatives market has fallen to new lows in 2023. Following the Shanghai Upgrade, liquidity has gradually exited the futures markets.  In the current cycle, activity across Ethereum’s [ETH] derivatives markets have fallen below levels observed in 2021 and 2022, Glassnode found in a new report.  Advertisements Read Ethereum’s [ETH] Price […]

As Ethereum (ETH) grapples with quite a tense market sentiment, crypto investors are on edge, with some sounding cautionary alarms about the potential for further price erosion before any sign of recovery.  Advertisements The second-largest cryptocurrency by market capitalization has faced tumultuous weeks, with its price bouncing off the $1,626 support level, giving bulls a […]