Spot ETH ETFs are slated to launch on July 23, just over two months after the SEC approved a rule change for exchanges to list these funds.
Grayscale will convert its ETHE trust into a spot ETF as well as launching a mini trust which will be seeded with $1bn from the former fund.
In a similar fashion to its BTC ETF decision Grayscale kept ETHE’s fee significantly higher than competitors, at 2.5%.
Grayscale will convert its ETHE trust into a spot ETF as well as launching a mini trust which will be seeded with $1bn from the former fund.
In a similar fashion to its BTC ETF decision Grayscale kept ETHE’s fee significantly higher than competitors, at 2.5%.
Digital asset investment products saw outflows for the first time in 4 weeks totalling $528m in what we believe is a reaction to fears of a recession in the US, geopolitical concerns and consequent broader market liquidations across most asset classes.
Bitcoin saw outflows totalling $400m, the first following 5 weeks of inflows. Ethereum saw outflows totalling $146m, bringing the net outflows since the ETF launch in the US to $430m.
Bitcoin saw outflows totalling $400m, the first following 5 weeks of inflows. Ethereum saw outflows totalling $146m, bringing the net outflows since the ETF launch in the US to $430m.
🚨 BREAKING 🚨
THE JAPANESE STOCK MARKET IS NOW UP 11.90% TODAY AFTER IT CRASHED OVER 12% YESTERDAY.
U.S. FUTURES ARE UP 1.5% AND BITCOIN IS BACK ABOVE $55K
WE SEE SO FCKING BACK !!
THESE TYPE OF CRASH DIPS ARE THE BEST OPPORTUNITIES TO BUY.
THE JAPANESE STOCK MARKET IS NOW UP 11.90% TODAY AFTER IT CRASHED OVER 12% YESTERDAY.
U.S. FUTURES ARE UP 1.5% AND BITCOIN IS BACK ABOVE $55K
WE SEE SO FCKING BACK !!
THESE TYPE OF CRASH DIPS ARE THE BEST OPPORTUNITIES TO BUY.
A federal judge has ordered Ripple to pay a $125 million civil penalty to the Securities and Exchange Commission (SEC), effectively drawing a close to their protracted legal dispute.
While the financial penalty is substantial, the core of the SEC's case, classifying XRP as a security, has been dismissed.
While the financial penalty is substantial, the core of the SEC's case, classifying XRP as a security, has been dismissed.
Bitcoin Dominance has surged from 38% in Nov 2022 to a notable 56% today. Meanwhile, Ethereum, the second-largest asset, saw its dominance decline by 1.5%, remaining relatively stable over the past two years.
In contrast, Stablecoins and the broader Altcoin sector experienced more significant declines of 9.9% and 5.9%, respectively.
🟠Bitcoin Dominance: 38.7% (Nov 2022) —> 56.2% (Current)
🔵Ethereum Dominance 16.8% —> 15.2%
🟢Stablecoin Dominance 17.3% —> 7.4%
🟣Altcoin Dominance 27.2% —> 21.3%
In contrast, Stablecoins and the broader Altcoin sector experienced more significant declines of 9.9% and 5.9%, respectively.
🟠Bitcoin Dominance: 38.7% (Nov 2022) —> 56.2% (Current)
🔵Ethereum Dominance 16.8% —> 15.2%
🟢Stablecoin Dominance 17.3% —> 7.4%
🟣Altcoin Dominance 27.2% —> 21.3%
Bitcoin's hash rate has surged to an unprecedented level. This metric, which measures the computational power dedicated to securing the Bitcoin network, has reached a new all-time high.
This milestone indicates that more miners are joining the network, enhancing its security and resilience against potential attacks.
This milestone indicates that more miners are joining the network, enhancing its security and resilience against potential attacks.