Ethereum ETFs Experience Net Outflows on Second Trading Day
TLDR Spot Ethereum ETFs experienced net outflows of $113-133 million on their second day of trading. Grayscale’s Ethereum Trust (ETHE)...
Ethereum News
$484 Million Outflow from Grayscale’s Ethereum Trust on ETF Launch Day
TLDR Grayscale’s Ethereum ETF (ETHE) saw $484 million in outflows on its first day of trading. BlackRock’s Ethereum ETF (ETHA)...
US SEC approves Ethereum ETFs, Grayscale spot Ether ETFs launch on NYSE Arca
US SEC approves Ethereum ETFs after years regulatory process. Grayscale has launched two spot Ether ETFs on NYSE Arca after...
Tornado Cash Deposits Surge to $1.9 Billion in 2024 Despite Sanctions
Key points: Tornado Cash has seen a resurgence in 2024, with $1.9 billion in deposits in the first half of...
Polygon Announces MATIC to POL Token Migration for September 4
TLDR Polygon will migrate from MATIC to POL tokens on September 4, 2024. The upgrade is part of Polygon’s 2.0...
SEC directs final S-1 submissions for Ether ETFs with target launch on July 23
SEC mandates final S-1 filings for Ether ETFs by July 16, launch set for July 23. Invesco, Galaxy set fees...
CFTC Chair Reaffirms Bitcoin and Ethereum as Commodities in Senate Testimony
TLDR CFTC Chair Rostin Behnam reiterated to the U.S. Senate that Bitcoin and Ethereum are commodities. A recent Illinois court...
Ethereum ETF Fee Race Heats Up as Launch Date Approaches
TLDR Invesco and Galaxy set management fees for their Invesco Galaxy Ethereum ETF (QETH) at 0.25% This fee is slightly...
Ethereum Name Service Unveils Brand Refresh to Bridge Web2 and Web3
TLDR Ethereum Name Service (ENS) has unveiled a new brand identity and website at EthCC. The rebrand aims to make...
Countdown to Launch: Ethereum ETFs Poised for Mid-July Debut
TLDR Bitwise has filed an amended S-1 registration for its Ethereum ETF ahead of the July 8 deadline. Analysts predict...
Ethereum and Bitcoin See Transaction Fees Plummet Amid Market Downturn
TLDR Ethereum gas prices have dropped significantly, with the average price at 7.32 Gwei as of June 21, 2024, down...
Ethereum ETF: When Will They Launch & What Will The Price Impact Be?
TLDR Bloomberg analyst Eric Balchunas reaffirms his prediction of a July 2 launch date for U.S. spot Ethereum ETFs, following...
Ethereum’s (ETH) Path to $10,000: The Catalysts for Ethereum’s Next Bull Run
TLDR Despite temporary price stagnation, Ethereum (ETH) is poised for significant growth due to positive developments such as the SEC’s...
aUSDT: Tether’s Gold-Backed Synthetic Dollar Explained
TLDR Tether launched a new token minting platform called Alloy on the Ethereum network, which allows users to create tokens...
RLUSD Coming: Ripple’s USD Stablecoin to Hit Ethereum, XRPL
Ripple said that its upcoming stablecoin will be called Ripple USD (RLUSD). The firm expects to debut it on the...
SEC chair says S-1 approvals for spot Ether ETFs in the summer
SEC Chair Gary Gensler told lawmakers on Thursday that he sees spot Ethereum ETFs’ S-1 filings approval in the summer....
zkSync’s ZK Token Airdrop Sparks Controversy Over Sybil Filtering
TLDR zkSync, an Ethereum layer-2 scaling solution, has faced criticism for its ZK token airdrop distribution. Critics claim the airdrop...
Ethereum Faces Ideological Crossroads With Popular Celeb Tokens
Wintermute co-founder Evgeny Gaevoy has voiced a strong critique of Ethereum’s leadership and their approach to building the blockchain. He...
VanEck Analysts Raise Ethereum (ETH) Price Target to $22,000
TLDR Ethereum ecosystem’s active users have increased ninefold since 2020, with over 2.25 million daily active users in Q1 2024...
BlackRock’s BUIDL Fund: The New King of Tokenized Treasuries
TLDR BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund paid out nearly $1.7 million in monthly dividends to its holders on...
ARK Invest Withdraws from Spot Ethereum ETF Application with 21Shares
TLDR ARK Invest has ended its partnership with 21Shares for the proposed spot Ethereum ETF. The fund has been rebranded...
Franklin Templeton proposes a 0.19% fee in its amended Spot Ethereum ETF S-1
Franklin Templeton files amended S-1 for spot Ethereum ETF with 0.19% fee. SEC requires all spot Ethereum ETF issuers to...
