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
Ether Down Over 7.5% as ETHE Outflows Ramp Up
Tag: Ether
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
CoinDesk 20 Performance Update: Index Slips 2.2% as Spot Ether ETFs Begin Trading
A decline of 5.6% in ICP and 5.2% in AVAX dragged the index down in overnight trading. Source
US Spot Bitcoin ETFs See Record $533.57M Inflows Ahead of Ether ETF Launch
Ahead of the spot ether exchange-traded funds (ETFs) launch, U.S. spot bitcoin ETFs experienced their 12th consecutive day of inflows, accumulating $533.57 million on Monday. This influx marked the highest gains for the 11 funds since June 4. Blackrock’s IBIT Dominates Bitcoin ETF Inflows On Monday, U.S. spot bitcoin ETFs attracted $533.57 million, the highest […] Original
Ether Little Changed After Spot ETF Approval
Ether was little changed after the SEC’s approval for ETH ETFs in the U.S. on Monday. The second-largest cryptocurrency traded around $3,500, just 0.2% higher than 24 hours ago. Still, it outperformed the wider digital asset market, which is 1.3% lower as measured by the CoinDesk 20 Index (CD20). Some analysts predict that the ETFs’ listings could drive the ether price up to $6,500, though inflows are not expected to be nearly as high as for their bitcoin counterparts. Steno Research predicts that the ETFs could see $15 billion-$20 billion…
Ether ETFs seem set to launch on Tuesday, six months after bitcoin funds’ debut
Representation of Ethereum, with its native cryptocurrency ether. Dado Ruvic | Reuters The Securities and Exchange Commission appears to have given the green light for exchange traded funds that hold ether, the world’s second-largest cryptocurrency. Trading is expected to begin as soon as Tuesday. Several fund issuers submitted additional registration statements on Monday afternoon, and exchanges have given notice that the funds will trade on Tuesday, indicating that the SEC has signed off on the funds. The regulator did not immediately respond to a request for comment from CNBC on…
Ether (ETH) ETFs Approved by SEC, Bringing Popular Funds to Second-Largest Cryptocurrency
The approval and beginning of trading of the spot bitcoin ETFs in January, which became the most successful launch in the history of exchange-traded products in terms of the speed of money rushing into them, pushed the price of the largest cryptocurrency up to new all-time highs after surging more than 58% within just two months. Source