Friday marked a notably favourable day for the ETH ETFs, aligning with a significant surge that reached an eight-month high. For the first time since the breakout week in mid-August, the spot Bitcoin ETFs experienced a decline, with over $460 million exiting the funds in the past four business days. The same cannot be said … Read more
U.S. spot Ethereum ETFs experienced net positive inflows as September trading commenced, indicating to ETH markets that institutional demand remains robust following a tumultuous conclusion to August. The inflows are significant due to the relative novelty of Ethereum ETF products, which are currently under more scrutiny compared to their Bitcoin counterparts. Bitcoin ETFs have already … Read more
Going broadly, it appears the markets have encountered resistance. Upon closer examination, it is evident that the majority of significant high-cap assets have encountered rejections this week, with Ethereum facing resistance near the $1,900 mark. At the same time, Bitcoin faces resistance around $65,000, while its dominance has declined to below 60%. In contrast to … Read more
A recent report indicates that Fidelity, the organization managing the fourth-largest Ethereum ETF by assets under management, intends to incorporate staking and quarterly cash distributions into its FETH. It was noted that the exchange-traded fund monitoring the performance of the largest altcoin can stake as much as 100% of its ETH holdings “under normal conditions.” … Read more
In the last week, there has been a noticeable decline in institutional demand for Ethereum, with no new capital inflows reported on any day during this period. According to data, Ethereum ETFs have experienced a significant weekly outflow of $65.65 million, representing the largest withdrawal since January. Last week marked the weakest performance for Ethereum … Read more
