US spot Ethereum ETFs experienced net outflows for the ninth consecutive day on May 21, totaling $32.58 million in redemptions. The outflows were mainly driven by BlackRock’s ETHA fund, which saw $38.01 million in withdrawals, while smaller inflows occurred in other Ethereum ETFs, indicating issuer-specific reallocations rather than a broad exit from Ethereum exposure. Despite the outflows, trading volume remained high at $416.16 million, and the total assets under management stayed substantial at $12.21 billion, about 4.73% of Ethereum's market cap. This trend reflects cautious near-term institutional sentiment and ongoing portfolio adjustments rather than a fundamental shift away from Ethereum.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
Ethereum's new 'Strawmap' draft roadmap outlines seven major upgrades by 2029 aiming to reduce transaction finality from 16 minutes to as little as 6 seconds and increase Layer 1 throughput to 10,000 transactions per second. The plan includes advance...
Ethereum rose following a U.S. inflation report showing slower CPI growth, which weakened the dollar and boosted risk assets. Binance saw over $1.2 billion in Ethereum buy volume, pushing prices near $1,895. However, the rally lost steam as Bitcoin a...
