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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...
Binance HODLer Airdrop launches Movement: Here’s How to Participate
Key Takeaways: High performance and security: Move Network is a Layer-2 on Ethereum using the Move programming language to achieve high transaction speed at 30k+ TPS and best security compared to other solutions. Ecosystem: More than 60 decentralized applications have already been working on testnet, and with support from such leading investment funds as Polychain Capital and Binance Labs, Movement Network is developing a very lively and promising blockchain ecosystem. Exciting airdrop opportunities: Join the Binance HODLer Airdrops program, which joins the distribution of the MOVE Tokens , unlocking investment opportunities in this highly promising blockchain project. Introduction to Movement...
FET Consolidates in Accumulation Zone as Investors Eye $350 Million in Profits
Artificial Superintelligence Alliance (FET) price could be looking at gains in the coming days if the demand rises. The FET investors are waiting for the price to go up again, as this would bring them significant profits. Artificial Superintelligence Alliance’s Next Move FET price at $0.85 is under the resistance of $0.90, a level that has been holding the altcoin back for the past week. As the Global In/Out of the Money (GIOM) indicator shows, a rise above this could lead to investors churning profits. According to this indicator, about 396.68 million FET worth a little under $350 million could...
