TLDR BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund paid out nearly $1.7 million in monthly dividends to its holders on Ethereum, a 38% increase from the previous month. Ondo Finance’s crypto wallet, labeled as “OUSD […]
TLDR BlackRock’s updated Form S-1 for its iShares Ethereum Trust (ETHA) suggests that the launch of U.S. spot Ether ETFs could be imminent, with analysts predicting a potential late June launch. The updated filing provides […]
TLDR ARK Invest has ended its partnership with 21Shares for the proposed spot Ethereum ETF. The fund has been rebranded from Ark 21Shares Ethereum ETF to 21Shares Core Ethereum ETF. ARK Invest and 21Shares will […]
Hashdex withdraws ether ETF application after SEC approval of similar products. Hashdex’s Ethereum ETF application combined spot Ether with futures contracts. The withdrawal decision raises questions amid evolving regulatory landscape and market dynamics. According to […]
TLDR Vanguard has confirmed that it will not offer spot Ethereum ETFs on its platform, despite the SEC’s approval of such products. The firm maintains its stance that cryptocurrency products do not align with its […]
Michael Saylor, the founder and executive chairman of MicroStrategy, has recently expressed a change in his stance regarding spot Ethereum exchange-traded funds (ETFs). In a recent interview with Bitcoin podcaster Peter McCormack, Saylor stated that […]
Ondo Finance (ONDO) price surges to a new all-time high above $1.15. The Ondo price surge is driven by SEC approval of Ethereum ETFs and strong institutional backing. Ondo Finance (ONDO) lists on Coinbase boosting […]
In a landmark decision, the US Securities and Exchange Commission (SEC) has approved the launch of spot Ethereum exchange-traded funds (ETFs), paving the way for institutional investors to gain direct exposure to the world’s second-largest […]
Standard Chartered expects SEC approval of Ethereum ETFs this week. The bank predicted inflows of $15-45 billion that could drive ETH price to $8,000 by the end of 2024. Ether’s price has surged 19% in […]
Prometheum, a digital asset trading and custody firm, soft-launched its Ethereum (ETH) custody service on Friday, May 17, 2024, with a full-scale launch expected in June. The move has reignited the debate surrounding the classification […]
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