A recent report from CoinShares revealed that Ethereum (ETH) experienced a surge in inflows last week, surpassing Solana’s (SOL) inflows for 2024. This surge coincides with the impending launch of exchange-traded funds (ETFs) that will enable regulated investment in the US for the second-largest cryptocurrency by market capitalization. The report highlighted Ethereum’s strong momentum over
Ethereum
The recent announcement by the Chicago Board Options Exchange (CBOE) regarding the launch date for Spot Ethereum ETFs has sent waves of excitement through the crypto market. With five Spot ETH ETFs set to commence trading on July 23, 2024, investors are eagerly anticipating the new opportunities that will arise in the world of cryptocurrency
The recent surge in Ethereum derivatives volume has raised concerns about the lack of confidence among investors in the upcoming Spot Ethereum ETFs. Data from Laevitas indicates that Ethereum’s fixed-month contracts annualized premium is currently standing at 11%, suggesting that traders are not as optimistic about ETH’s price as expected. Despite predictions of a price
The countdown to the launch of spot Ethereum ETFs has begun, with many experts, including Matt Hougan, the Chief Investment Officer of Bitwise, highlighting the possibility of these ETF inflows driving the Ethereum price to new heights. Hougan believes that the introduction of spot Ethereum ETFs could propel the value of ETH to record levels,
Ethereum (ETH) has seen a surge in its price recently, with the anticipation of the Spot Ethereum ETFs set to launch soon. Bloomberg analyst Eric Balchunas hinted at the potential launch date of these funds, suggesting that they could begin trading by July 23. The US Securities and Exchange Commission (SEC) has reportedly asked the
Cryptocurrency analyst Linda has recently made a bullish prediction for Ethereum (ETH), suggesting that the second-largest crypto token by market cap could potentially rise to $4,000. One of the factors that she believes could trigger this significant price surge is the potential approval of the Spot Ethereum ETFs. The sentiment surrounding these funds is positive,
Justin Sun, the founder of Tron, has recently made headlines for his $5 million investment in Ethereum (ETH), the second-largest cryptocurrency in the world. This investment was uncovered by Spot On Chain, an AI-driven on-chain analytics platform, through a new Ethereum transaction allegedly executed by Sun. The Tron founder purchased 1,614 ETH tokens at an
A recent prediction by a crypto analyst named ‘Bluntz’ on social media has stirred up optimism within the Ethereum community. According to the analyst, Ethereum (ETH) has the potential to surge to new all-time highs, specifically around the $8,000 price mark. While such a forecast may seem enticing to ETH hodlers, it is crucial to
The cryptocurrency market can be highly volatile, with prices fluctuating based on a variety of factors, including transactions made by large holders, known as whales. Recently, an Ethereum whale made a significant transaction that has sparked panic among community members. The whale transferred 11,215 ETH, equivalent to $34.3 million, to the crypto exchange Coinbase. Such
Semilore Faleti is a prominent figure in the field of cryptocurrency journalism and content creation. With a specialization in blockchain technology and digital assets, Semilore has emerged as a go-to source for understanding the complexities of the crypto world. His dedication to educating and informing his audience has solidified his position as a trusted voice
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