Ethereum Watch

Today, July 30, marks a week since the spot Ethereum ETFs started trading. But contrary to initial anticipation, the launch of the financial products has not affected the price of ETH positively. Advertisements While the cryptocurrency’s market value rose above $3,500 on launch day, it did not take long before it dropped. Ever since, ETH […]

BlackRock ETF and Index Investments CIO Samara Cohen discussed the iShares Ethereum Trust ETF (ETHA) in an interview with Bloomberg. She lauds Ethereum, like Bitcoin, for meeting investability criteria, citing customer feedback. Advertisements The investment firm issues both Bitcoin (BTC) and Ether (ETH) ETFs (exchange-traded funds) but recently dismissed prospects of a Solana counterpart, at […]

Spot Ethereum exchange-traded funds (ETFs) saw a net outflow of $340 million in their first week of trading, primarily due to substantial outflows from Grayscale’s converted Ethereum Trust (ETHE). Advertisements Despite this, analysts remain optimistic about the performance of these new products. Grayscale Outflows Dominate Ethereum ETFs Flows Data from Farside shows significant inflows for […]

Despite the initial excitement surrounding the newly launched US spot Ethereum exchange-traded funds (ETFs), analysts predict minimal short-term price impact on Ethereum. Advertisements Since the US Securities and Exchange Commission (SEC) greenlit these investment products, Ethereum’s market behavior has been tepid. Its price and investor interest have declined noticeably compared to Bitcoin and Solana. Ethereum […]

Approximately $5.65 billion in Bitcoin (BTC) and Ethereum (ETH) options are set to expire today. Advertisements This massive expiration is anticipated to introduce considerable volatility, with traders and investors keenly observing the potential impacts on the crypto market. How Will the Spot Ethereum ETFs Launch Impact the Crypto Options Market? Today’s expiration includes 61,320 Bitcoin […]

The US market debut of Ethereum exchange-traded funds (ETFs) this week heralded substantial market shifts. This is because the Grayscale Ethereum Trust (ETHE) has shed over $800 million since its inception. Advertisements The development showcases the inherent volatility and complex outlook of crypto ETF launch events. Analysts Remain Optimistic for Ethereum Recovery Despite Sell-Offs On […]

The next altcoin season might be near, as one of the year’s most anticipated events occurred yesterday with the launch of the Ethereum ETF. Advertisements This scenario could mean profits for altcoin enthusiasts, but Bitcoin’s proximity to an all-time high might pose a challenge. Altcoin Season Begins? The altcoin season had been largely hinged on […]

The approval of spot Ethereum exchange-traded funds (ETFs,) previously expected by July 18, now faces another delay. New predictions indicate a potential go-ahead on July 23. Advertisements This adjustment adds a new chapter to the saga that has seen several approval dates come and go without a final decision. Why Analysts Predicted July 23 For […]

Crypto inflows increased last week, recording $1.44 billion in positive flows to digital asset investment products. This brings year-to-date (YTD) inflows to $17.8 billion, effectively beating 2021 highs. Advertisements The crypto market is staging a recovery, flashing green as Bitcoin (BTC) treads in the $62,000 range. The global cryptocurrency market capitalization is up almost 5% […]

Inflows into Ethereum (ETH) digital investment products have now reached the highest value since March. This new record suggests that ETH’s price may continue recovering as it has within the past week. Advertisements ETH’s price as of this writing is $3,338, representing a 4.12% increase in the last 24 hours. But will the altcoin price […]