The crypto-Trump trade appears to be softening. Original
Tag: Ether
Nvidia Becoming More Volatile Than Bitcoin and Ether
Bitcoin has exhibited a strong positive correlation with NVDA since late 2022. Source
Ether ETFs Saw $340M of Negative Outflows in Their First Week
More than $1.5 billion of exits from Grayscale’s high-fee Ethereum Trust more than offset inflows into the other spot products. Source
US Ether ETFs See Negative Flows as Grayscale Offloads $356.26M
U.S. spot ethereum exchange-traded funds (ETFs) experienced negative inflows once again, driven by Grayscale’s Ethereum Trust (ETHE) offloading a substantial $356.26 million on Friday. To date, ETHE has recorded more than $1.5 billion in cumulative outflows. Grayscale’s Ethereum Trust Sheds $1.5B in 4 Trading Sessions The spot ether ETFs have been impacted by Grayscale’s Ethereum […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Bitcoin Price Outperforms Broader Crypto Market, Ether (ETH) Price Drop Mirrors Bitcoin (BTC) ETF Launch
Outflows from the Grayscale Bitcoin Trust (GBTC), the world’s largest bitcoin fund at the time, which converted from a closed-end structure into an ETF that allowed redemptions for the first time in 10 years, weighed on bitcoin’s price over the first weeks. Later, inflows to rival funds overcame the negative trend, propelling BTC to an all-time high in March. Original
Ether Down Over 7.5% as ETHE Outflows Ramp Up
Most Ether ETFs were in the green during the Wednesday U.S. trading session, but Grayscale’s converted Ethereum Trust ETF posted a net outflow of over $800 million. Source
CME’s Ether Futures Record Highest Ever Open Interest of 383K ETH ($1.4B) After ETF Debut
The so-called open interest or the number of active bets in standard ether futures rose to a record of 7,661 contracts, equaling 383,650 ETH and $1.4 billion in notional terms, the exchange said in an email to CoinDesk. The previous peak of 7,550 contracts was set one month ago. The standard contract is sized at 50 ETH. Source
Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch
Solana’s SOL and Ripple’s XRP were notable outperformers. Original
Ether ETF Volumes Top $1B on Day One
Investors traded over $1 billion worth of shares – or ether {{ETH}} – of the freshly launched ether exchange-traded fund (ETF) issuers on the first day of trading, data from Bloomberg shows. Source
Shark Tank's Kevin O'Leary on Crypto Investing, Ether ETFs and Gary Gensler
Shark Tank's Kevin O'Leary on Crypto Investing, Ether ETFs and Gary Gensler Source