If approved, the fund will measure “the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts.” Original
ProShares Files Application With SEC for Bitcoin and Ether Equal Weight ETF
Tag: Ether
Binance Boosts First Digital's Stablecoin With Zero Fees to Buy and Sell Bitcoin, Ether
The crypto exchange listed the Hong Kong-regulated First Digital’s FDUSD stablecoin last week. Original
Direxion files for Bitcoin and Ether ETFs
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The daily leveraged and inverse exchange-traded fund (ETF) issuer, Direxion, has filed for Bitcoin (BTC) and Ether (ETH) futures products with the US SEC. The company follows some other prominent industry players that have filed to launch futures ETFs in recent months, including BlackRock and Valkyrie. Citing its search for capital appreciation, the filing reveals Direxion wants to achieve its investment goal through crypto futures contracts traded on the Chicago Mercantile Exchange (CME). As stated earlier,…
Ether Liquid Staking Protocols Could Add $24B Value in 2 Years: HashKey
“As protocol revenue for LSD protocols directly correlates with ETH prices, liquid staking protocols can be seen as a levered bet on ETH as they gain a stronger market share over staked ETH,” the authors write, arguing that the liquid staking market share will take a sizable amount from solo and CEX staking. Original Source 24BAddEtherHashkeyLiquidProtocolsStakingYears CryptoX Portal
TradFi Giant Direxion Joins Crypto ETF Race by Filing for Combined Bitcoin and Ether Futures Fund
The move comes the same week that six other companies filed to launch ether futures ETFs. Original
Ether (ETH) ETF Race Kicks Off With Six Asset Managers Filing
Binance counts China as its largest market, followed by South Korea, Turkey, Vietnam, and the British Virgin Islands, according to documents reviewed by the Wall Street Journal. The Journal reports that despite the ban on crypto within China, teams from Binance regularly collaborate with Chinese law enforcement to detect potential criminal activity. It also has 900,000 active users in-country, according to the report. A spokesperson for the exchange did not immediately respond to CoinDesk’s request for comment. Data from the Journal shows that China is a $80.6 billion futures market…
Race for Ether Futures ETFs Kicks Off With 6 Firms Filing SEC Applications
As many as six entities have filed applications with the U.S. Securities and Exchange (SEC) for Ethereum Futures exchange-traded funds (ETFs) as of filing time on August 2, 2023. Source
Ether Options Market Shows Bias for Price Weakness Over Next 6 Months
“Based on one quantitative approach, Ether’s fair value appears closer to $1,000 or 46% lower than current prices ($1,856). While we do not necessarily predict such a decline, there is a zero-cost way to position for this decline (zero-cost, but not zero-risk),” Thielen wrote in an email. Source
Ribbon Finance Settles First On-Chain Ether (ETH) ‘Autocallable’ With Marex and MEV Capital
How it works: If, after one week, the ether spot price is above the initial price at the time of the trade, the trade terminates early, with the buyer receiving the initial investment plus the 0.5% coupon. If, on expiry, ether trades 15% lower from the initial price, the buyer stands protected, receiving the principal in full along with the coupon. However, if the 85% protection barrier is breached (ether drops over 15%), the buyer takes the loss, which is compensated by coupons to some extent. Source AutocallableCapitalETHEtherFinanceMarexMEVOnChainRibbonSettles CryptoX Portal
Coinbase’s New Base Blockchain Gobbled Up $68M in Ether, and It’s Not Even Officially Live Yet
Meme coin BALD’s 4,000,000% surge seemed to spark the huge inflows to the nascent crypto bridge. Source link