Morgan Stanley has secured approval to list spot Ethereum (ETH) and Solana (SOL) exchange-traded funds (ETFs) on NYSE Arca, trading under the tickers MSSE and MSOL. These ETFs will stake a portion of their crypto holdings to generate additional rewards, which will mostly be distributed to investors. The approval comes as ETH and SOL prices attempt to recover from recent declines, with Ethereum testing resistance near $1,950 and Solana aiming for a $90 target. This move offers traditional investors regulated exposure to these cryptocurrencies without the need to manage wallets or private keys.
Most major cryptocurrencies saw price declines, with Bitcoin trading near $64,067, down about 1%. Ethereum and other top coins like Solana and Cardano also fell, reflecting cautious investor sentiment. Some smaller tokens showed gains, but overall th...
Ethereum price dropped to around $1,880 after sellers blocked its recovery below the key $2,000 resistance level, erasing part of its recent rebound from $1,560. The decline was influenced by a broader tech stock sell-off and rising risks from levera...
Ethereum price dropped to around $1,880 after failing to surpass the $2,000 resistance level, pressured by profit-taking, rising derivatives leverage, and a sharp sell-off in U.S. tech stocks. Despite $26.3 million inflows into U.S. spot ETH ETFs, ma...
Cryptocurrency markets display varied price changes with Bitcoin holding around $64,935, slightly down by 0.25%. Ethereum and several altcoins such as ADA and SOL experienced more significant declines, with ADA dropping over 4% and SOL over 2%. Some ...
Charles Hoskinson, founder of Cardano and former Ethereum co-founder, criticized Ethereum's governance model for lacking sustainable funding and relying on a few large organizations. He advocates for more decentralized governance through token holder...
