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ETH/BTC Ratio Plummets
According to recent reports, the relationship between Bitcoin and Ethereum has reached a significant milestone not seen since April 2021, with the ETH/BTC ratio dropping below 0.04. This shift in the crypto market dynamics could potentially trigger substantial price movements for Ethereum, the world’s second-largest cryptocurrency by market capitalization. Read more
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Spot Ethereum ETF trading volume cools in third day, falls under $900 million
Spot Ethereum ETFs generated strong trading volume on their third day on the market, but demand is cooling off after their hot start. Read more
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Uniswap gets $5.5bn bump from Ethereum ETF approval
Trading volume on decentralised exchanges surged to $11.2 billion on Thursday, the day the Securities and Exchange Commission approved a set of filings for spot Ethereum exchange-traded funds. That was the highest amount of trading volume on a single day since March 18. Read more
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SEC Approves Ethereum ETFs
The U.S. Securities and Exchange Commission has approved several spot Ether exchange-traded funds in a landmark decision, just months after greenlighting the first spot Bitcoin ETFs. The move signals a potential shift in the SEC’s stance on crypto and paves the way for more mainstream investment in Ethereum. Read more
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Spot Ethereum ETFs Approval Odds Jump on SEC Moves
The Securities and Exchange Commission has asked potential issuers of spot Ethereum exchange-traded funds to amend key filings, according to multiple reports, representing a shift in the agency’s communications with the applicants and possibly signaling increased likelihood of the products approval. Read more