Now that Spot Bitcoin ETFs have been approved by the United States Securities and Exchange Commission (SEC), the crypto space anticipates more ETFs to enter the market, particularly Spot Ethereum ETFs. Despite this, analysts at JP Morgan, an American multinational financial service firm, have revealed a less than optimistic outlook for the potential approval of…
The spot Ethereum ETF market experienced a jolt on October 1st, with Fidelity's Ethereum Fund (FETH) recording its largest daily outflow since its inception The nascent U.S. spot Ethereum exchange-traded fund (ETF) market experienced a significant jolt on October 1st, with Fidelity’s Ethereum Fund (FETH) recording its largest daily outflow since its inception. The outflow,…
Este artículo también está disponible en español. On Wednesday, Ethereum (ETH) surged above the $2,700 mark for the first time in over a week, sparking a bullish sentiment among several crypto analysts. Some suggested that the second-largest cryptocurrency will soon break from the next resistance level and reclaim the $3,000 mark. Related Reading Ethereum Retests…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing…
In a filing dated August 4, Valkyrie applied to add an Ethereum futures ETF to its Bitcoin Strategy ETF (BTF). However, it would seem this move was pushed back by the SEC as the asset manager has now filed a separate application to offer an Ether futures ETF. Valkyrie Moves To Offer Ethereum Futures ETF…
Ethereum has had a tough year, rising just 5% YTD. What’s going on with the World Computer? Ethereum, the blockchain platform powering a vast ecosystem of decentralized applications, faced another turbulent week in the cryptocurrency market. Last week its price plummeted by over 10%, wiping out gains made in the preceding weeks and raising questions…