The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The move comes after Ethereum ETF notched their highest daily net inflow on Wednesday, led by $499 million into BlackRock's ETHA.
Institutional demand for Ethereum is surging among Wall Street firms amid the refocusing and restructuring of the Ethereum Foundation.
Analysts say Ethereum's price surge is backed by strong institutional demand, as seen in strong spot ETF flows.
If pro-crypto legislation passes through Congress over the coming days, "crypto will never be the same" again, Hougan said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Global crypto investment products added another $3.7 billion to a net inflow streak that has now reached 13 consecutive weeks.
Spot Ethereum ETFs also reached a new high in cumulative total net inflows, as Wall Street's crypto funds grow larger than ever.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
ETH has surpassed the $3,000 level for the first time in five months as new bitcoin all-time highs breathe fresh life into the crypto market.
Ethereum is making headlines again. In the last 24 hours, ETH price jumped by 6.5%, outperforming major cryptocurrencies like Bitcoin (BTC), XRP, and Solana (SOL). This bullish momentum coincides with a massive spike in trading volume for BlackRock’s spot Ether ETF, ETHA. Ethereum Price Breaks Key Resistance Ethereum is currently trading at $2,790.78, after gaining …
U.S. spot Bitcoin ETFs notched up another $1 billion worth of net inflows over the past two days to approach $50 billion to date.
Following the SEC's decision to put a pause on a Grayscale ETF, a spokesperson for the company says it "remains committed" to trying to list.
BlackRock's usually dominant IBIT product ended its own 15-day, $3.8 billion inflow run, registering zero flows for the day.
Altcoin treasuries can serve as a provisional means of asset exposure as formal approvals for ETFs and staking have yet to arrive.
The ongoing streak of daily inflows into Bitcoin ETFs comes as BTC lingers less than 5% below its all-time high of $112,000.
A Solana ETF that will track the price and deliver staking yields to holders will begin trading on Wednesday, according REX Shares.
Year-to-date inflows now stand at $17.8 billion, on par with the same period in 2024, CoinShares Head of Research James Butterfill noted.
REX Shares said its staking Solana ETF, the first of its kind, would be "coming soon" in an X post on Friday.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
There are dozens of crypto-related ETF filings under SEC review, and analysts recently raised their odds of approval this year to 90%.
The ramp-up in daily inflows comes as bitcoin's price rebounds amid a dollar index weakness tailwind, according to an analyst.
In-kind redemptions for crypto exchange-traded funds could be coming, according to one of the SEC's top leads Hester Peirce.
The Truth Social Bitcoin and Ethereum ETF is designed to track the performance of bitcoin and ether prices.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Ethereum ETFs have overcome more than $4 billion in net outflows from Grayscale's converted ETHE fund to reach the milestone.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Global Bitcoin and Ethereum-based funds led with net inflows of $1.1 billion and $124 million respectively.
Meanwhile, spot Bitcoin ETFs set a total net cumulative inflow record for the fifth straight day on Friday, though the inflow level was comparatively low.
U.S. spot Bitcoin ETFs' recent net inflow streak has extended to eight days, totaling $2.4 billion, despite relatively subdued price action.