BlackRock’s ETHA Amasses Nearly $900M Days After Launch
BlackRock’s spot Ether exchange-traded fund, also known as ETHA, has increased in its total inflows to about $869.8 million since its launch on July 23. Investors sought to capitalize on Ether’s 18% price decline on August 5, marking the third-largest flow day for the iShares Ethereum Trust, according to Farside Investors. According to Nate Geraci, […]
Justin Sun Buys Tens of Millions in Ethereum During Market Dip
Justin Sun bought nearly 15,000 ETH for $36 million, increasing his total holdings to about 392,474 ETH despite recent price drops. In a recent transaction, Justin Sun, the founder of Tron, acquired nearly 15,000 ETH, a substantial increase in his Ethereum holdings. Spot On Chain, a blockchain analytics firm, has reported that Sun has invested […]
Ripple Unveils Major Partnership to Enhance Crypto Adoption
Ripple partners with DIFC Innovation Hub to advance blockchain and digital asset innovation in the UAE, aiming for a stronger presence in the Middle East. Ripple, a prominent blockchain payments company, has announced a strategic partnership with the DIFC Innovation Hub. The objective of this collaboration is to stimulate innovation in the UAE with respect […]
Mox Bank Launches Crypto Exchange-traded Fund Trading
Mox Bank, a Hong Kong-based virtual bank, has launched crypto exchange-traded fund (ETF) trading for its clients and is considering spot trading options. Mox, a virtual bank subsidiary of Standard Chartered, announced the launch of a crypto ETF service on August 7. This made it the first bank to offer direct trading of spot Bitcoin […]