Trading

Ethereum ETFs (exchange-traded funds) began trading on Tuesday, generating significant volume within the first 2 hours of trading. Interestingly, the Ethereum ETFs ranked among the top 1% regarding ETF volume.  Ethereum ETFs Surpass Traditional Launch Volumes According to Bloomberg ETF expert Eric Balchunas, the ETH ETFs traded $361 million in the first 90 minutes on launch day, surpassing the typical volume seen at the launch of traditional ETFs. Blachunas said: Here’s where we at after 90 minutes. $361m total. As…

Spot Ethereum ETFs have begun trading on major exchanges following SEC approval, marking a significant step for Ethereum investment opportunities.  SEC Approval and Market Entry Spot Ether exchange-traded funds (ETFs) have commenced trading today after receiving final approval from the US Securities & Exchange Commission (SEC). The required S-1 registrations were approved on Monday; as a result, the spot ETH ETFs can now be listed on major stock exchanges such as Nasdaq, the New York Stock Exchange (NYSE), and the…

The post Massive Inflows In US Spot Bitcoin ETF Before Ethereum ETF Starts Trading appeared first on Coinpedia Fintech News On July 22, the crypto market saw a notable $533.57M net inflow, the highest since June 4th. This boosts the cumulative total net inflow to $17.59B. Total net assets now stand at $62.14B, equating to 4.63% of Bitcoin’s market cap. Key fund movements included IBIT adding $526M, FBTC increasing by $23.72M, and VanEck’s HODL fund decreasing by $38.37M.

The recent Bitcoin (BTC) price dip has pushed the Fear & Greed Index to its lowest point since the crypto traded at $17,000 in early 2023. However, buyers are not phased as they are seeing major trading volume increases within the KangaMoon crypto, fueled by its unique and rich ecosystem. Today, we will go over its on-chart metrics to determine just how far it can rise in 2024 and beyond. Bitcoin Crypto’s Fear & Green Index Creates Fear but Price…

The post Ethereum ETF Received Preliminary Approval to Start Trading on July 23 appeared first on Coinpedia Fintech News The Securities and Exchange Commission has given preliminary approval to at least three of the eight asset managers, namely BlackRock, Franklin Templeton, and VanEck, that want to launch exchange-traded funds based on the spot price of ether, which will begin trading on July 23.  The approval is dependent on applicants submitting final offering documentation to authorities by the end of this…

The post Ethereum Spot ETF Will Start Trading on 23rd July! appeared first on Coinpedia Fintech News According to the listing notice on Chicago Board Options Exchange (CBOE) website, five Ethereum spot ETFs will begin trading as a new issue on July 23, 2024. These five ETH ETFS include 21Shares Core Ethereum ETF (CETH), Fidelity Ethereum Fund (FETH), Franklin Ethereum ETF (EZET), Invesco Galaxy Ethereum ETF (QETH), and VanEck Ethereum ETF (ETHV).

The post Ethereum to Cross $5,000 Next Week: ETH ETF Trading starts on July 23! appeared first on Coinpedia Fintech News Ethereum enthusiasts have been waiting for a long time for Ether to break its previous all-time high and reach new heights. Various market and non-market conditions have been stopping ETH from doing it. Finally, the circumstances look positive, and it feels like this time ETH will go to $5,000 or even higher. Let’s explore why we say this. Ethereum…

Washington, United States, July 17th, 2024, Chainwire Ripmex Announces PreSale of Commission-Free RPX Tokens - The Native Token of Its Currency Exchange Market Ripmex is excited to announce the presale of its innovative real-time gross settlement token, RPX. Designed to transform global currency exchange, RPX facilitates secure, low-cost transactions for banks, payment providers, digital asset exchanges, and businesses. By eliminating commission fees, RPX enhances potential profitability and provides seamless, instant transfers across various networks. The presale offers a unique opportunity…

Ethereum has so far witnessed intensified attention from the crypto community following the swirling reports of the likely launch of Ethereum spot exchange-traded-funds (ETFs) next week. Of those giving the asset increasing attention is Peter Brandt, a veteran trader who has recently shared exciting insights into Ethereum’s price action. Renowned for his decades-long track record in financial markets, the veteran trader has provided Ethereum’s highly optimistic technical analysis. Through his analysis of Ethereum’s price movements, Brandt predicts a potential surge…