News with the tag "etf launch"

Spot Solana ETF Launch Anticipated Under Trump’s SEC Nominee The launch of a spot Solana ETF may soon become a reality, according to James Seyffart , a Bloomberg ETF analyst. In a recent post on X (formerly Twitter), Seyffart stated that the approval of such ETFs is now “a matter of when—not if,” pa...

Nine spot Ethereum ETFs commenced trading on the US stock market on Tuesday, marking a pivotal moment for the crypto industry following the Securities and Exchange Commission’s (SEC) green light on Monday. Ethereum ETFs See $1B In Trading Volume On Debut James Seyffart, a senior ETF analyst at Bloom...

The long-awaited Ethereum Exchange-Traded Funds (ETFs) are finally live, registering over $100 million in volume in the first 15 minutes. Investors expect to see the launch’s impact on the crypto market, while some market watchers believe ETH ETF’s performance will kickstart the Altcoin season. Rela...

Ethereum’s price exhibited volatility on Tuesday, coinciding with the launch of U.S. spot ether exchange-traded funds (ETFs) on Wall Street. At around 5 a.m. EDT, ETH surged to an intraday high of $3,540 per coin but later dropped to approximately $3,406 by 12:55 p.m. in the afternoon. Ether’s Beari...

In a day marked by the launch of the long-anticipated spot Ethereum (ETH) Exchange-Traded Fund (ETF) in the United States, the market’s response has been unexpectedly subdued. Analysts from Singapore-based crypto asset trading firm QCP Capital have shed light on the reasons behind this muted reactio...

Ethereum ETFs (exchange-traded funds) began trading on Tuesday, generating significant volume within the first 2 hours of trading. Interestingly, the Ethereum ETFs ranked among the top 1% regarding ETF volume. Related Reading: Analyst Says Solana Price Will Surge 1,000% To $1,800, Here’s When Ethere...

The transfer occurred a day ahead of the launch of the first spot Ether ETFs in the United States, which are expected to start trading on July 23.

According to a recent report from CoinShares, Ethereum (ETH) saw an uptick in inflows last week, surpassing Solana’s (SOL) inflows for 2024, coinciding with the impending launch of exchange-traded funds (ETFs) that will allow regulated investment in the US for the second-largest cryptocurrency by ma...

Following the transaction, some market participants speculated that Grayscale might be planning a sell-off to reinvest in other cryptocurrencies like Solana. However, Jon Campagna, managing partner at Nexyst Digital, dismissed these claims. He clarified that Grayscale’s move was to allocate 10% of i...

Other analysts are also expecting a new Ether all-time high after the ETF launch, but the price is struggling to decisively breach the $3,500 mark.