Over 33 Million ETH Staked As Spot Ethereum ETFs Roll Out: Up Next $4,000?
Ethereum is outperforming Bitcoin at spot rates, holding firm above the support zone between $3,000 and $3,300. Although prices retraced yesterday, with the July 29 bar closing with a long upper wick pointing to weakness, ETH holders are upbeat, expecting gains above $4,000. Roughly 30% Of All ETH Staked, Validators Stand At Over 1 Million As Ethereum rejects lower lows and cements its place at second in the market cap leaderboard, other developments could spark demand in the coming sessions. Related Reading: Avalanche (AVAX) Continues Freefall, Sheds 12% In Last 7 Days – Can It Recover?....
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Ethereum (ETH) exchange-traded funds (ETFs) are set to close August 2025 with total net inflows exceeding $4 billion, significantly outpacing their Bitcoin (BTC) counterparts, which recorded more than $600 million in outflows during the same period. Ethereum ETFs Outshine Bitcoin ETFs According to data from SoSoValue, spot Ethereum ETFs have attracted $4.04 billion in net […]
US-based crypto ETFs have witnessed a change in dynamics in August, which has seen inflows tipping towards Ethereum ETFs. However, last week’s trend of strong inflows ended with substantial outflows on Friday, with Ethereum ETFs leading the retreat with $164.64 million and Bitcoin ETFs following with $126.64 million. This sudden reversal coincides with an interesting timing of stubborn inflation data that seems to have rattled institutional investors. Related Reading: Ethereum Bullishness: Ark Invest Boss Scoops $16-M More In BitMine Stock A Sudden Reversal At Week’s End According to....
The Ethereum Spot ETFs began February 2025 on a strong positive note, recording net inflows double the size in the Bitcoin ETF market in the first week of the month. Interestingly, this development coincided with a bearish trading week for Ethereum, during which its price declined by 16.18%. Related Reading: Ethereum Spot ETFs Suffer $186 Million Outflows As New Year Struggles Persist – Details Ethereum Spot ETFs Register $420 Million Inflows Amid Price Fall As prices of Ethereum struggled to find market stability in the past week, the Ethereum Spot ETFs experienced an increased level of....
The Chicago Board Options Exchange (CBOE) has confirmed the launch date for Spot Ethereum ETFs, revealing when five Spot ETH ETFs will commence trading in the crypto market. CBOE Finalizes Launch Date For Spot Ethereum ETFs On July 19, the CBOE released a new issue notification on its official website concerning the launch of Spot Ethereum ETFs trading. According to the notification, five Spot ETH ETFs will begin trading on the Chicago Board Options Exchange on July 23, 2024, pending regulatory effectiveness. Previously, analysts, including Bloomberg Senior ETF analyst, Eric Balchunas,....
The anticipated launch of Spot Ethereum Exchange-Traded Funds (ETFs) has yet to translate into a favorable price performance for Ethereum. In fact, some analysts and market participants might argue that the launch of Spot Ethereum ETFs has turned out to be a “sell the news” event. This viewpoint is bolstered by the recent price activity […]