Ethereum

Following the abrupt approval of the Ethereum Spot ETFs by the US Securities and Exchange Commission (SEC), several prospective issuers have now filed amended versions of their S-1 forms. This development follows an initial directive from the commission that necessitated all asset managers vying to launch an Ether Spot ETF  to submit their draft S-1 filings on Friday. Franklin Templeton Opens Floor With 0.19% Sponsor Fee Among the many S-1 amendments received by the SEC on Friday, Top asset management…

Leading bank JPMorgan has taken a pessimistic stance and predicted that demand for spot Ethereum ETFs will be significantly lower than that for their Bitcoin ETF counterparts due to several factors.  The United States Securities and Exchange Commission had approved key regulatory filings from ETF applicants last week.  JPMorgan Expects Low Demand  According to JPMorgan’s research report, the banking giant expects spot Ethereum ETFs to attract about $3 billion in net inflows for the rest of the year. However, it…

One crypto analyst says Render (RNDR) is the crypto to buy and hold over the coming weeks, especially for investors not seeking quick intra-day speculative profits. He’s also bullish on Celestia (TIA) but warns that Lido DAO (LDO) may soon retest its lower Fibonacci retracement levels and urges caution with the Ethereum staking project. Artificial intelligence is the hottest technology in the world, and investors are buzzing about anything related to AI. This includes crypto, and while most AI-focused projects…

The post Ethereum Rebounds as Investors Begin Accumulation Trend: Here’s What to Expect Next appeared first on Coinpedia Fintech News Ethereum’s price is gaining strength as it previously struggled to attract buyers near key resistance levels. The ETH ETF sector is experiencing a positive net flow, driving a strong push toward the $4,000 psychological mark. Analysts predict a significant upward trend if ETF inflows continue to rise. Moreover, various on-chain metrics have recently improved, strengthening the likelihood of a breakout…

The post Grayscale Offloads Ethereum to Cover Fees: What’s Behind the Move? appeared first on Coinpedia Fintech News Grayscale, the heavyweight in cryptocurrency investments, just made a bold move: they’ve sold off $21.75 million worth of Ethereum (ETH) to Flow Traders. But this isn’t just any transaction—it’s a strategic manoeuvre to cover management fees. This peek into Grayscale’s financial playbook unveils their savvy moves and sets the stage for some intriguing insights into their Ethereum Trust Fund.  Here’s What it…

Data shows the investors in the Ethereum derivatives market have been taking on very high leverage recently, something that could lead to volatility for the asset. Ethereum Estimated Leverage Ratio Has Been At Extreme Levels Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the ETH Estimated Leverage Ratio has been on the up recently. The “Estimated Leverage Ratio” (ELR) refers to an indicator that keeps track of the ratio between the Ethereum Open Interest and Exchange…

The recent price action of Ethereum has not been so much of a breeze. The second-largest cryptocurrency by market cap experienced a surge that nearly reached its all-time high, only to be met with a sharp reversal, leaving long traders licking their wounds. Bulls Take A Hit, But Sentiment Remains Positive The past few days have seen a significant decline in Ethereum’s price, dropping from $3,880 to around $3,735. This has resulted in substantial liquidations for long traders, exceeding $55…

The cryptocurrency market is abuzz with anticipation. The start of an Ethereum ETF promises exciting opportunities. This development could propel certain digital coins to new heights. Dive in to discover which cryptos might see significant gains thanks to this new financial instrument. CYBRO Gets on Crypto Whale's Radar with Presale of Its Tokens CYBRO is a new platform designed to help users earn more on the Blast blockchain. Blast is known for offering better returns on Ethereum (ETH) and stablecoins…

An emerging cryptocurrency has caught the attention of many investors. Its potential for massive growth sets it apart in the current bull market. Analysts believe it could deliver gains up to 100 times. With the crypto market heating up, discovering this opportunity could be the highlight of this financial cycle. CYBRO Presale Runs Fast with 25M Tokens Already Sold Out CYBRO is a one-of-a-kind marketplace that amplifies the native yield potential of the Blast blockchain. CYBRO offers early investors to…