Institutional investors are increasingly allocating capital to Ethereum (ETH) spot ETFs, with recent inflows totaling around $96 million over three days and an additional $9.23 million on July 27. This shift contrasts with Bitcoin (BTC) funds, which experienced net outflows during the same period. The growing institutional interest in Ethereum is driven by its expanding financial ecosystem, including DeFi, stablecoins, tokenized real-world assets, and staking, making it more than just a price play. This trend highlights Ethereum's role as a key benchmark in regulated crypto portfolios and suggests continued growth potential as newer ETFs like Hyperliquid's HYPE also gain traction.
Ethereum Layer 2s show a drop in total value locked (TVL), mainly due to revised accounting methods removing non-circulating tokens and traders moving capital to faster, newer chains such as Robinhood Chain. Despite the headline dip, major Layer 2s l...
BlackRock's clients have recently sold $60 million worth of Bitcoin through the IBIT ETF while purchasing over $20 million in Ethereum. This move suggests a possible institutional rotation favoring Ethereum, driven by its smart contract capabilities ...
Ethereum's price climbed about 2% to around $1,913 on July 29, supported by $14.53 million inflows into US spot Ethereum ETFs, including $5.15 million for Morgan Stanley's new MSSE fund. Short position liquidations of $37.68 million also helped accel...
Bitcoin rose 0.75% to $64,328 after recent volatility, as markets await the Federal Reserve's potential first rate hike in three years due to 4.1% inflation. Traditional markets show cautious optimism with slight gains in S&P 500 and Nasdaq futures, ...
Ethereum whales recently withdrew 40,000 ETH worth about $76.6 million from Binance, indicating strong investor confidence and a preference to hold or use ETH in decentralized finance rather than sell. This large withdrawal, combined with Ethereum tr...
