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Ethereum ETF Day 1 beats ‘20% of BTC’ estimate – What’s next?
Journalist ETH ETF’s first-day results outperformed analysts’ estimates of 15-15% of BTC ETFs. BlackRock’s ETHA led the way, but Grayscale bled out nearly a half-billion in outflows. U.S. spot Ethereum [ETH] ETFs had a remarkable debut, clocking over $1 billion in trading volumes. Grayscale’s ETHE, alongside BlackRock and Fidelity ETH ETFs, saw over $100 million in day 1 trading volumes. The rest, including Vaneck, Franklin and Invesco Galaxy, saw their ETFs hit daily trading volume above $10 million apart from 21Shares. From a flow perspective, Bloomberg data revealed that the products logged $107 million in net inflows, led by $266.5...
90 Days to Big Profits with This Ecosystem and Altcoins
According to the host of The House of Crypto, the time has come for a particular cryptocurrency ecosystem to experience major growth. In the previous bull market, Bitcoin saw a 232% rally in a few weeks. However, the biggest gains were not for Bitcoin holders, but for those invested in a specific ecosystem. This time, the focus is on a different ecosystem. During the last bull market, after Bitcoin surpassed its previous highs in the initial phase of the bull market. Currently, Bitcoin’s dominance is rising, but this trend is expected to reverse, benefiting altcoins. Not all altcoins will rise...
Ethereum (ETH) Eyes Key Levels: $2,222 Support and $2,333-$2,465 Liquidation Zones
You are here: Home / News / Ethereum (ETH) Eyes Key Levels: $2,222 Support and $2,333-$2,465 Liquidation Zones Ethereum (ETH) has been through a period of notable volatility. Recently, it reached a significant low at $2,112, a price that marked a crucial moment for the digital asset. However, this drop wasn’t the end of the road for Ethereum; it quickly rebounded, entering a recovery phase that has captured the attention of the market. As of the latest data, ETH is trading at $2,437.61. This price reflects a modest decline of 0.30% in the past 24 hours. Despite this minor decrease,...
