Ethereum spot ETF saw net inflows of $107 million on its first day
Despite being dragged down by a $485 million loss in the Grayscale Ethereum Trust Fund, the newly launched ETH spot fund still achieved positive net inflows.
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Despite being dragged down by a $485 million loss in the Grayscale Ethereum Trust Fund, the newly launched ETH spot fund still achieved positive net inflows.
The launch of a U.S. spot Ethereum exchange-traded fund (ETF), which many expected to launch as early as July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC).
For many large groups of non-crypto native capital, Ethereum has much lower buy-in as a key portfolio allocation.
In the next bull market, if interest rate cuts can occur, there is still hope that the price of Ethereum will reach $10,000.
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BlackRock's iShares Bitcoin ETF (IBIT) sets record with five days of consecutive inflows, surpassing Fidelity. Institutional confidence signals crypto's growing acceptance.
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The Dencun hard fork has been completed on the Goerli, Sepolia and Holesky testnets, and the mainnet will be launched on Epoch 269568 (approximately March 13, 2024).
I believe that there is a high probability that the door will be opened for more institutions to enter the market, such as the Ethereum ETF, which is highly anticipated by the industry.