The discussion surrounding the potential inflows that the US Spot Ethereum ETFs could attract has generated significant interest in the investment community. According to Bitwise’s Chief Investment Officer (CIO) Matt Hougan, there is an expectation that these funds could see substantial net inflows in their first 18 months of trading. Hougan’s projections estimated that the
Ethereum
The cryptocurrency market is abuzz with anticipation as asset managers gear up for the launch of new spot Ethereum ETFs, pending approval from the US Securities and Exchange Commission (SEC). This development could potentially reshape the landscape of the market and pave the way for substantial inflows into the regulated market within the first few
Dalmas Ngetich, a seasoned crypto reporter, has a wealth of experience and a unique perspective that sets him apart in the industry. With a background in mechanical engineering and over a decade of experience in journalism, he has crafted over 10,000 news and feature articles over the past eight years. His specialization in NFTs, blockchain,
Ethereum, the second-largest cryptocurrency by market capitalization, is currently facing a crucial moment as its price undergoes consolidation. This period of stability in price has left traders and investors uncertain about the future direction of Ethereum. The price of Ethereum is currently hovering around key support and resistance levels, prompting market participants to closely observe
Crypto analyst Tyler Durden recently expressed his bullish sentiment towards Ethereum (ETH), stating that the rise of ETH to $10,000 was inevitable. He emphasized the importance of traders going with the tide and not letting emotions dictate their decisions. Durden’s confidence in ETH’s future price surge is based on the belief that institutional investors will
Renowned crypto analyst Jelle has recently made a bold prediction regarding Ethereum (ETH), forecasting a price surge to $5,000 by the end of the year. This projection is grounded in technical analysis and comes at a time when Ethereum is showing signs of stability above the $3,500 level, following a pullback from its peak of
The Ethereum Foundation has once again captured attention with a recent transaction involving millions of Ethereum (ETH) tokens. A wallet linked to the non-profit organization transferred 18,089 ETH ($64.4 million) to a new address. This move has led to speculation within the crypto community about the potential impact on the market. Crypto journalist Colin Wu’s
Speculations and discussions regarding the commencement of trading for Spot Ethereum ETFs have been gaining momentum. According to Bloomberg analysts Eric Balchunas and James Seyffart, there have been recent updates on the expected launch date of these funds. Balchunas took to X to announce a new “over/under date” for the launch, moving it to July
Ethereum is currently facing significant pressure in the market, with prices tumbling approximately 15% from recent highs. This downward trend has erased all the gains that were achieved since May 20. Despite this price correction, on-chain data indicates a bullish outlook for Ethereum. Analysts have observed a surge in demand for ETH, particularly from permanent
The recent surge in withdrawals of Ethereum from centralized exchanges suggests that crypto whales are anticipating a recovery in price. Crypto analyst Ash Crypto highlighted a significant decrease in the amount of ETH held on exchanges, with both small and large investors making withdrawals. This trend has led to the highest withdrawal volume of 2024,
