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Top #CryptoNews of This Week

1️⃣ SEC allowed spot
#ETH #ETF issuers to start trading on July 23.

2️⃣
#MtGox poll shows 55% will not sell Bitcoin compensation received.

3️⃣Trump’s
#Bitcoin conference expected record attendance; security tightened after assassination attempt.

4️⃣
#Trump announced fourth NFT release, urged Fed to avoid rate cuts before November.

5️⃣Powell stated
#Fed won’t wait for 2% inflation before cutting rates.

6️⃣
#Vitalik opposes choosing political allies based solely on crypto support.

7️⃣a16z’s Marc Andreessen backed Trump, criticizing
#Biden’s overregulation stance.

8️⃣
#BlackRock’s Larry Fink declared Bitcoin a legitimate financial instrument.

9️⃣
#Grayscale launched Decentralized AI Fund to invest in #AI and #crypto.

🔟Indian exchange
#WazirX hacked; losses exceed $230 million with significant asset theft.
Seed capital is now available for #EthereumETFs from #BlackRock, #Bitwise, 21 Shares, and Franklin. Listing begins today at 9:30 AM New Jersey time.

#Crypto #CryptoNews #Ethereum $ETH

Source :
https://farside.co.uk/?p=1518
BREAKING : #BlackRock’s iShares website is focusing on the launch of the #EthereumETF.
Source :@FarsideUK

On July 26,
#Ethereum spot #ETFs saw a total net outflow of $163 million. Specifically:

🔵#Grayscale Ethereum Trust ETF (ETHE): $356 million outflow

🔵Grayscale Mini ETF (ETH): $44.94 million inflow

🔵#BlackRock ETF (ETHA): $87.22 million inflow
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#ETH Exposure Sparks Interest in #ETFs

Source: @bloombergcrypto

🔵Digital currency-backed
#ETFs expected in model portfolios by late 2024, says #BlackRock chief investment officer Samara Cohen in a Bloomberg interview on July 29.

🔵Big firms like Morgan Stanley, Wells Fargo, and UBS are analyzing
#crypto ETFs. These firms conduct risk analytics and due diligence.

🔵Focus is on
#Bitcoin ($BTC) and #Ethereum ($ETH) roles in portfolios.
Source: https://sosovalue.com/assets/etf/us-eth-spot

🔵#Ethereum Spot ETF: $98.3006 million inflow on August 6; total value of $7.06 billion.

🔵#Grayscale ETF (ETHE): $39.7293 million outflow on August 6.

🔵#BlackRock ETF (ETHA): $110 million inflow on August 6.

🔵#Fidelity ETF (FETH): $22.4894 million inflow on August 6.

🔵Overall: Mixed inflows and outflows across different #EthereumETFs.
ETHE Outflows Hit Big, But Mini ETFs Shine

Source: https://farside.co.uk/?p=1518

🔵August 8 Net Outflow: $2.8737 million from #EthereumETF.

🔵#Grayscale ETF ETHE: $19.8275 million outflow.

🔵
#ETHE Historical Outflow: $2.255 billion total.

🔵Grayscale Mini ETF ETH: $5.0189 million inflow.

🔵#BlackRock ETF ETHA: $11.7358 million inflow.
#BitcoinETF Inflows and Outflows on August 8

Source: https://farside.co.uk/?page_id=997

🔵Total Net Inflow: $194.6 million

🔵#Grayscale ETF (GBTC) Outflow: $183 million

🔵#BlackRock ETF (IBIT) Inflow: $158 million

🔵#WisdomTree ETF (BTCW) Inflow: $119 million