Tag: Ethereum
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Vitalik Buterin sells $300k of memes & USDT to buy ETH
Vitalik Buterin’s Ethereum wallet made a significant transaction yesterday, converting several meme coins and Tether’s USDT into ETH. Over the past year, various meme token developers had sent these tokens unsolicited to Buterin’s wallet. Afterward, Buterin sent 100 ETH (around $242,000) to the “Free Alexey & Roman” campaign, which supports the legal defense of Tornado…
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VanEck shutting down ETH futures ETF
VanEck has announced it will close and liquidate its Ethereum Strategy ETF, listed on the CBOE. The ETF (ticker symbol ‘EFUT’) will stop trading on Sept. 16, with liquidation expected by Sept. 23. Shareholders still holding EFUT shares at the time of liquidation will receive a cash distribution based on the fund’s net asset value.…
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Vitalik Buterin reportedly donates $517k to mobile project ethOS
Vitalik Buterin appears to have financially supported ethOS, a project touted as the world’s first Ethereum-based mobile operating system. Data from Arkham shows that Buterin transferred 199.9 ETH, worth over $517,000, to a Gnosis Safe multi-signature contract, which is believed to be a donation to ethOS. This open-source project, developed by Freedom Factory, was initially…
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Argentina to include Ethereum and solidity in high school education?
According to a post and report by Bankless on X, Argentina is set to include Ethereum and Solidity in high school education. The change is set to be put into actions in multiple schools across Buenos Aires city. This initiative is organized by the ETH Kipu Foundation in collaboration with Ministry of Education of the…
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Nasdaq Requests SEC Approval for Options Trading on BlackRock’s Spot Ethereum ETF
BlackRock recently filed a proposal for options trading and listing on its spot Ethereum (ETH) exchange-traded fund (ETF), iShares Ethereum Trust (ETHA). The proposal was submitted to the US Securities Exchange and Commission (SEC) on August 6 via the Nasdaq International Securities Exchange. According to the filing, the newly proposed iShares Ethereum Trust assets will…
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Grayscale Ethereum ETF $2B Outflows : Price in Danger
The recent performance of Ethereum has been a significant source of concern for investors, with the token persistently trending downwards. Despite the launch of spot ETH ETFs (exchange-traded funds) in the United States, Ethereum has shown no signs of relief. Instead, the underwhelming performance of these ETFs with Grayscale Ethereum ETF outflow might even be…
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Bitcoin and Ethereum ETFs see positive inflows first time together
On August 1, 2024, U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) experienced joint positive inflows for the first time since the launch of nine spot Ether ETFs on July 23. This marked a significant event in the cryptocurrency ETF market. This influx of investments into spot Bitcoin and Ethereum ETFs reflects growing interest in…
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All Ethereum ETF list and performance
The Ethereum ETF finally went live on the 23rd of July 2024 after years of drama between the SEC and Ethereum. 7 months after Bitcoin ETF’s launch, which was the largest ever ETF launch, Ethereum’s performance was solid as well. Experts ranking it either above or below gold, which was the second largest launch. The…
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First day of Ethereum ETF sees $600M volume
The eight recently launched spot Ethereum (ETH) exchange-traded funds (ETFs) posted nearly $600 million in volume during the first half of their first day, according to data from Bloomberg. Grayscale’s Ethereum Trust (ETHE) led the race with $250 million in traded shares by 12:30 pm ET, followed by BlackRock’s iShares Ethereum Trust (ETHA) with approximately…
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Ethereum ETFs to Set a New All Time High for $ETH
The Launch of Ethereum ETFs The launch of Ethereum ETFs is a significant milestone for the crypto market. The demand generated by these ETFs could push Ethereum’s price to $5,000, $10,000, or even $20,000 by the end of next year. To understand the potential impact, let’s look at the effects of Bitcoin ETF approvals, the…