Spot Ethereum ETF Hits Highest Daily Inflows
On Black Friday, Spot Ethereum ETF daily inflows exceeded those of Bitcoin ETFs, as investors pushed the price of ETH above $3,700 in anticipation of a new all-time high. On Friday, the spot Ethereum ETFs experienced one of the largest daily inflows and surpassed the spot Bitcoin ETFs. This marks the first time that Ether […]
Ethereum ETF Tops Bitcoin ETFs in Daily Inflows
Ethereum ETFs saw $332M in inflows, surpassing Bitcoin’s $320M, signaling increased institutional interest. On Friday, the spot Ethereum ETF experienced one of the greatest daily inflows, surpassing the spot Bitcoin ETFs in terms of revenue. Considering that this is the first time that Ether exchange-traded funds (ETFs) have reached this milestone since their debut, it […]
Ethereum L2s Attain All-time High of $51B TVL
The cumulative total value locked (TVL) of Ethereum layer-2 (L2) networks has attained a new all-time high of over $51.5 billion, indicating investors’ growing interest in the Ethereum ecosystem. This is a significant increase in cumulative TVL, which has risen from $16.6 billion in November 2023 to over 205%, according to L2beat data. To enhance […]
Ethereum Regains USDT Position Against Tron
On November 21, Ethereum regained the lead over Tron after 2 years, and the difference has only increased since then. After a 10% increase in the supply of USDT on Ethereum over the past week, Ethereum has surpassed Tron as the most significant blockchain for the Tether stablecoin . USDT Dominance On Ethereum Blockchain Surpasses […]
Ethereum Gains Momentum With Bullish Breakout
Ethereum is bullish after consolidating around $3,000, with potential to reach $4,000, supported by a pending “golden cross”. Following the consolidation of support around the $3,000 level, the price of Ethereum is gaining momentum, which might lead to a potential surge toward $4,000. This range has witnessed a rise in buying activity for the cryptocurrency, […]