Tag: Ethereum

Bitcoin ETFs Remove Nearly Five Times Daily Supply as Ethereum ETFs See Strong Rebound

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According to the latest data from Farside Investors, bitcoin {{btc}} exchange-traded funds (ETFs) saw an inflow of $136.0 million on Sept. 24. Leading this surge was BlackRock’s IBIT ETF, which experienced a significant inflow of $98.9 million, marking its largest inflow since Aug. 26. This brings IBIT’s total net inflows to over $21 billion, reinforcing its number one position in the market. Other notable contributors included Fidelity’s FBTC, with $16.8 million in net inflows, and Bitwise’s BITB, which attracted $17.4 million. Original

SEC pushes back Ethereum ETF options decision to November

The United States Securities and Exchange Commission has delayed its decision regarding the approval of options trading for spot Ethereum ETFs. In two separate filings, the SEC said it requires “sufficient time to consider the proposed rule change” that would allow Nasdaq ISE LLC and NYSE American LLC to offer options trading for spot Ethereum ETFs. Currently, BlackRock’s iShares Ethereum Trust (ETHA), Bitwise’s Ethereum ETF (ETHW), Grayscale’s Ethereum Trust (ETHE), and Ethereum Mini Trust (ETH) are the funds seeking the commission’s approval. BlackRock filed for the rule change for its…

Spot Bitcoin ETFs accumulate $390.7m over four days, Ethereum ETFs see rebound

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Spot Bitcoin exchange-traded funds in the U.S. recorded a significant jump in net inflows on Sept. 24, while spot Ether ETFs reversed course, moving back into net positive flows. Data from SoSoValue shows that the 12 spot Bitcoin ETFs recorded net inflows of $135.95 million on the day, marking the fourth consecutive day of positive inflows. Over this period, the funds have accumulated more than $390.7 million. BlackRock‘s IBIT, the largest Bitcoin ETF, spearheaded the inflows with $98.9 million, marking its second consecutive day of positive inflows and bringing its…

Ethereum ETFs See Largest Outflows Since July: Is Waning Institutional Demand Hurting ETH?

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Ethereum (ETH) exchange-traded funds (ETFs) posted the largest outflows since July 2024, with $79.2 million leaving the market on Monday, according to data from SoSoValue. Ethereum ETFs Continue To Underperform Despite the highly-anticipated and strong start for Ethereum ETFs in July 2024, the latest crypto-based ETFs have, thus far, failed to sustain institutional interest. The latest data from crypto ETF tracker SoSoValue shows that ETH ETFs witnessed a daily total net outflow of $79.2 million on September 23. Upon closer inspection, it appears that the bulk of the outflows originated…

Ethereum Price Poised for a Comeback: Can It Break $2,700?

Este artículo también está disponible en español. Ethereum price is holding gains above the $2,650 resistance. ETH is now consolidating gains and might aim for more gains above $2,700. Ethereum is aiming for more upsides above the $2,700 resistance. The price is trading above $2,620 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with support at $2,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,600 support to continue higher in the near term. Ethereum Price Eyes…

Early Ethereum Investor Prints 837,964% Gains, Deposits ETH to Crypto Exchange Kraken: Lookonchain

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An original Ethereum investor has suddenly moved millions of dollars of ETH after remaining inactive for years, according to blockchain tracking firm Lookonchain. Lookonchain notes that the whale participated in Ethereum’s 2014 initial coin offering (ICO) when they received 150,000 ETH at the Genesis block. According to the blockchain tracking firm, the initial investment that cost just $46,500 is valued today at about $389.7 million – translating to an increase of 837,964%. The holder just woke up after more than two years of dormancy to send 3,510 ETH, valued at…

Ethereum Price Pullback: Another Chance for Buyers To Load ETH?

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Ethereum price extended its increase above the $2,650 resistance. ETH is now correcting gains and might find bids near the $2,600 support. Ethereum is currently correcting gains from the $2,700 resistance. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,550 support to continue higher in the near term. Ethereum Price Holds Support Ethereum price remained well-supported and extended…

Diamond Hand Ethereum Whale Moves 15,000 ETH, Here’s The Destination

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Este artículo también está disponible en español. A “Diamond Hand” Ethereum (ETH) whale has suddenly emerged, transferring a massive 15,000 ETH token to a major exchange. Given the sheer size of the transaction, this whale has caught the attention of many Ethereum investors and the broader crypto community. Diamond Hand Whale Moves 15,000 ETH Tokens Spot On Chain, a blockchain analytics platform, revealed on September 22 in an X (formerly Twitter) post that an anonymous Diamond hand whale had transferred 15,000 ETH valued at $38.4 million from their wallet address…

21.co integrates Chainlink’s proof of reserve on Solana and Ethereum

21.co, the parent company of crypto exchange-traded products issuer 21Shares, has integrated the Chainlink Proof-of-Reserve to enhance the transparency of its wrapped Bitcoin. According to a press release on Sept. 23, 21.co will leverage Chainlink (LINK)’s proof of reserves service on the Solana (SOL) and Ethereum (ETH) mainnets. The integration aims at increasing the reserves transparency for 21.co’s wrapped Bitcoin dubbed 21BTC. 21.co eyes on-chain reserves transparency for its 21BTC 21BTC launched on Solana in May 2024 and on Ethereum in early September 2024. The token is backed 1:1 by…