Spot Ethereum ETFs Day 2 Volume Surpasses Experts’ Expectations
This week, spot Ethereum ETFs (Exchange-Traded Funds) were officially approved and launched, filling the crypto community with excitement about the latest industry milestone. The ETH-based investment products saw an impressive first day, reaching over $1 billion in volume. Following its second day live, some experts shared that the ETFs’ day two volume was higher than […]
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On-chain data shows exchanges are still the main venue of Bitcoin trading, with Binance alone observing volume double that of the spot ETFs. US Bitcoin Spot ETFs Still Account For Just 13% Of Trading Volume In a new post on X, on-chain analytics firm CryptoQuant has talked about how the US spot exchange-traded funds (ETFs) […]
The United States crypto exchange-traded fund (ETF) market has been in red-hot form in the past few weeks, with the Ethereum ETFs hitting new milestones every week. In its latest feat, the ETH-linked investment hit a new volume record alongside its Bitcoin counterpart. This increased activity for the Bitcoin and Ethereum ETFs mirrors the current […]
Apart from Spot Bitcoin ETFs, Ethereum Futures ETFs have been the talk of the crypto industry for months as investors look toward a catalyst for the next bull run. However, data has shown the highly anticipated ETFs have had underwhelming results in trading volume. Although the crypto market has witnessed some gains in the past few days, this hasn’t flowed into Ethereum Futures ETFs as investors seem hesitant to adopt these new Ethereum investment vehicles. How Have Ethereum Futures ETFs Fared So Far? Ethereum futures ETFs provide indirect exposure to the price of ETH through....
Ethereum (ETH) registered a remarkable performance following Donald Trump’s victory in the November 5 US elections. The second-largest cryptocurrency by market capitalization has jumped 21.9% in the past three days, reigniting investors’ bullish sentiment for the crypto and ETH-based investment products. Related Reading: Ethereum L2 Project Spark Launches On-Chain Order Book On Fuel Network To Enhance Trading Ethereum ETFs See Third Best-performing Day Amid ETH’s price rally, spot Ethereum exchange-traded funds (ETFs) have recorded their best-performing day in 13 weeks. Launched in late....
Despite recent fluctuations in the price of Ethereum, accumulation seems to be holding strong, which is observed in the Spot Ethereum Exchange-Traded Funds (ETFs). With more ETH leaving exchanges and ETFs stacking ETH, the leading altcoin could be poised for a crucial shift in market dynamics, which may be good for its price trajectory. Smart […]