News with the tag "Bitwise Ethereum ETF"

Ethereum, the second largest cryptocurrency asset, is currently in the limelight as crypto investors have recently demonstrated their renewed interest in and adoption of the historical Spot Ethereum Exchange-Traded Funds (ETFs). Millions of dollars were seen flowing into the products after the marke...

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 l...

Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume excluding Grayscale’s ETHE was “healthy” and expects a “sizeable chunk” of that sum will convert to inflows.