Spot Ethereum ETFs Records Over $1B In Trading Volume
According to Eric Balchunas, an analyst at Bloomberg ETFs, the trading volume of the $625 million Spot Ethereum ETFs, which excludes Grayscale’s ETHE, was “healthy.” The cumulative trading volume of spot Ether exchange-traded funds listed in the United States on their first day of trading was approximately $1.08 billion, approximately 23% of the volume observed […]
SEC Grants Approval to VanEck Ethereum ETF
After three years of filings, the VanEck Ethereum exchange-traded fund (ETF) has been approved by the United States Securities Exchange and Securities Commission (SEC). The ETF’s Notice of Effectiveness, submitted on July 22, is designed to offer investors a regulated method of acquiring exposure to Ether in the United States. The approval results from a […]
Nansen Introduces First Ether ETF Analytics Dashboard
Blockchain analytics provider Nansen has launched the crypto industry’s first-ever Ether exchange-traded fund (ETF) analytics dashboard. The free dashboard will monitor the performance of the highly anticipated United States-based spot Ether ETFs. It will give traders a real-time overview of the most critical data, including an interactive ETF flow chart and total ETF issuer balances. […]
SEC Approves US Ethereum ETFs for Launch Today
The SEC has approved Ethereum ETFs from multiple firms, allowing them to start trading in the US. The day has finally arrived: Ethereum ETFs have been officially authorized for trading in the United States. The US Securities and Exchange Commission (SEC) has permitted registration forms from 21Shares, Bitwise, BlackRock, Fidelity, Franklin Templeton, VanEck, and Invesco […]
Bitwise Ether ETF Discloses 10% Profit Donation To ETH Devs
The Bitwise Ether ETF, scheduled to be available on the NYSE on July 23, has pledged to donate 10% of its proceeds to the ETH open-source development community. Bitwise Asset Management has declared a donation of 10% of ETHW’s profits to Ethereum development organizations in anticipation of the forthcoming launch of the Bitwise Ethereum ETF […]