Grayscale Ethereum Trust ETF hits historic net outflow of $1.5B
Based on the present rate of outflows, ETHE’s ether reserves may be exhausted in a relatively short timeframe, potentially within weeks. Source link
Cryptocurrency
Based on the present rate of outflows, ETHE’s ether reserves may be exhausted in a relatively short timeframe, potentially within weeks. Source link
Galaxy launched a $113 million crypto fund on the week of the debut of the first spot Ether ETFs in the US. Nansen has also launched the industry’s first Ether ETF analytics dashboard. Source link
Bitcoin’s recovery from the $63,500 level is encouraging, but higher levels may face solid resistance from the bears. Source link
The asset manager is considering expanding tokenized securities to Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph. Source link
The acquisition could be another step towards the first spot crypto ETF launching in Japanese markets. Source link
Bitcoin needs to hold above the $65,000 mark for more upside, while the Ether price is weighed down by a sell-the-news event, according to analysts. Source link
The Japanese joint venture will focus on ETFs and other “emerging asset classes,” including digital assets and cryptocurrency. Source link
Spot Ether ETFs came during a weak market and could tempt investors to diversify, putting Bitcoin’s price at risk, says Capriole Investments founder Charles Edwards. Source link
Asia’s top automobile manufacturer’s latest research details how Ethereum can turn vehicles into public infrastructure as Korean police crack $2M drug case, and more! Source link
Clients see Bitcoin and Ethereum as complements, not substitutes, in crypto portfolios, according to Blackrock’s head of digital assets. Source link