U.S.-listed spot Ethereum ETFs recorded net inflows for the fourth consecutive day on May 6, totaling $11.57 million, driven mainly by BlackRock's iShares Ethereum Trust and Grayscale’s Ethereum Mini Trust. This ongoing inflow streak since May 1 has pushed cumulative net inflows to $12.19 billion, reflecting strong institutional interest in Ethereum exposure. Trading volume remains robust, with BlackRock’s fund dominating liquidity, highlighting how demand is concentrated in the largest, most liquid funds. These dynamics suggest that ETF flows could significantly influence Ethereum’s market price and volatility in the near term.
Ethereum experienced sharp price swings after briefly rising above $2,600 then falling near $2,400. Wintermute transferred 61,847 ETH worth $160.3 million to Binance and Coinbase, raising concerns about potential selling. However, exchange supply of ...
Bitcoin, Ethereum, and XRP are under pressure due to rising expectations of a Federal Reserve interest rate hike at the September 15-16 meeting, with an 86.5% chance of a 25 basis point increase. This would be the Fed's first rate hike in three years...
The likelihood of a Federal Reserve interest rate hike on September 16 has surged to 86.5%, putting pressure on major cryptocurrencies like Bitcoin, Ethereum, and XRP. This potential rate increase is driven by rising U.S. inflation data, which has un...
Bitcoin's price faces strong resistance between $77,100 and $81,700 due to long-term holders selling up to 539,000 BTC in this range, creating a dense supply zone. The price must close above the 365-day moving average at $81,700 to confirm a bullish ...
Ethereum aims to activate the Glamsterdam upgrade on the Sepolia testnet by October 6, but unresolved bugs and network finalization issues on the devnet-9 with 1,000 validators have made this date uncertain. A critical bug related to EIP-8037 require...
