Ethereum Watch

The price of Ethereum seems to be back under the influence of the current market sentiment despite enjoying a relatively positive week. On Wednesday, September 6, Ark Invest filed for the first Ethereum spot exchange-traded fund (ETF) in the United States. Advertisements This ETF application had a tame impact on the price of Ether, with […]

On-chain data showed that ETH was undervalued at press time. Ethereum’s application in traditional sectors could drive up demand for ETH. Predicting how much one would make from investing in cryptocurrencies is a Herculean task. While some have been successful in the venture, the volatility of the market, macroeconomic factors, and sometimes manipulation have put […]

Over the past year, the discount to the net asset value (NAV) for the Grayscale Ethereum Trust has reached its narrowest point. Intriguingly, this comes on the heels of applications for what might become the United States’s premier spot Ethereum exchange-traded fund (ETF). Advertisements According to YCharts, the discount now hovers around 26.64%. To put […]