In the aftermath of the launch of the Spot Ethereum ETFs, the price of ETH has surprisingly continued to struggle, defying the expectations of many in the market. The launch of the ETFs, which was initially met with excitement, has turned out to be a ‘sell the news’ event. Since the start of trading on
Ethereum
Ethereum whales have been making strategic moves in the market recently, as evidenced by on-chain data showing a significant accumulation of the second-largest crypto token by market cap. Despite a decline in ETH’s price, these investors have been actively purchasing the digital asset. Data from the market intelligence platform IntoTheBlock reveals that Ethereum whales bought
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The long-awaited Ethereum ETFs have finally made their way to the market, opening up new possibilities for Ethereum and other altcoins. Industry experts and crypto enthusiasts are closely monitoring how these ETFs could influence Ethereum’s price trajectory in the upcoming months. Renowned crypto analyst, Doctor Profit, has made a bold prediction regarding Ethereum’s future value.
The recent report from CoinShares reveals that Ethereum (ETH) has experienced a surge in inflows, surpassing Solana (SOL) for the year. This increase in investment comes at a time when exchange-traded funds (ETFs) are set to be launched, allowing regulated investment in the US for the second-largest cryptocurrency by market capitalization. The report emphasizes Ethereum’s
The cryptocurrency world is abuzz with excitement as the Chicago Board Options Exchange (CBOE) has officially announced the launch date for Spot Ethereum ETFs. This groundbreaking development has the potential to revolutionize the way investors interact with Ethereum and could open up new avenues for trading and diversification within the crypto market. On July 19,
The recent surge in Ethereum derivative volume raises questions about the confidence level of Ethereum investors in the upcoming Spot Ethereum ETFs. This surge comes at a time when these funds are set to be launched next week, with high expectations for a price rally for the second-largest cryptocurrency by market cap. Data from Laevitas
As the launch date of spot Ethereum ETFs draws near, investors are eagerly anticipating the potential for these ETF inflows to drive the price of Ethereum to new record highs. Experts like Matt Hougan, Chief Investment Officer of Bitwise, are optimistic about the significant impact that these ETF flows could have on the value of
The recent news about the potential launch of Spot Ethereum ETFs has caused a surge in the price of Ethereum (ETH). Bloomberg analyst Eric Balchunas revealed on X (formerly Twitter) that the SEC has responded to the fund issuers and requested final S-1 filings by July 22 for the ETFs to be effective by July
Cryptocurrency analyst Linda has recently made a bullish case for Ethereum (ETH), predicting that the second-largest crypto token by market cap could rise to $4,000. One of the factors that could trigger such a price surge is the potential approval of the Spot Ethereum ETFs. The sentiment around these funds is positive, with traders eagerly