Demand still sluggish for US Ethereum ETFs one month after debut—here’s why

2024-9-6 14:21

The sluggish demand for US spot Ethereum ETFs highlights the challenges of attracting investors without staking rewards and amid market downturns. The post Demand still sluggish for US Ethereum ETFs one month after debut—here’s why appeared first on Crypto Briefing.

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Ethereum ETFs soar with $361 million volume in first 90 minutes

Spot Ethereum exchange-traded funds (ETFs) debuted to robust investor interest within the first 90 minutes of trading, amassing a total volume of $361 million across the nine newly launched ETFs. Bloomberg senior ETF analyst Eric Balchunas shared the initial data on social media and noted that the impressive start ranks these ETFs among the top […] The post Ethereum ETFs soar with $361 million volume in first 90 minutes appeared first on CryptoSlate.

2024-7-23 19:58


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U.S. SEC approves first spot Ethereum ETFs: but not yet ready for trading

The U.S. Securities and Exchange Commission (SEC) has approved eight applications for spot Ethereum ETFs, marking a significant milestone for the cryptocurrency industry. The approval, announced on May 23, 2024, allows Ethereum (ETH) to trade on Wall Street, and follows the earlier approval of spot Bitcoin ETFs in January. The newly approved ether ETFs will […]

2024-5-24 01:15


Ethereum ETFs In Jeopardy? Staking Yields Could Make Or Break Investor Interest, Says BitMEX Experts

The discussion around Ethereum exchange-traded funds (ETFs) has taken a central stage, especially with the anticipation of spot Ethereum ETFs potentially launching in the US within the year. Analysts at BitMEX have recently weighed in on this matter, highlighting a critical aspect that might impact the attractiveness of these ETFs to investors: the provision of […]

2024-3-8 05:00


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New gold-backed Ethereum token is guaranteed by Australian government reserves

Australia‘s Perth Mint, one of the world’s largest refineries, is today launching a gold-backed Ethereum token guaranteed by the government of Western Australia. Marketing materials shared with Hard Fork claim the Perth Mint Gold Token (PMGT) is the first gold token on a public blockchain backed and guaranteed by government reserves.

2019-10-10 15:59


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New Ethereum token is backed by gold reserves guaranteed by Australian government

Australia‘s Perth Mint, one of the world’s largest refineries, is today launching a gold-backed Ethereum token guaranteed by the government of Western Australia. Marketing materials shared with Hard Fork claim the Perth Mint Gold Token (PMGT) is the first gold token on a public blockchain backed and guaranteed by government reserves.

2019-10-10 15:59