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1Bitcoin Bulls Maintain Control Above $66,500, Eye Possible All-Time High of $73,67923 signs Ethereum price is gearing up for a rebound toward $6K3TON holders expected to top Ether’s by year-end
Japan’s Metaplanet Stock Skyrockets 158% After Adopting Bitcoin Strategy
The TSE suspended trading of Metaplanet’s stock for two consecutive days, prompted by a substantial increase in price.
Cryptopotato·2024/05/23 23:22
Fantom unveils Sonic Foundation for new Sonic Chain
Cointelegraph·2024/05/23 23:01
SEC rule approvals set stage for spot ether ETF launches
After accelerating conversations with issuers, the SEC took a step toward allowing ETH funds to launch
Blockworks·2024/05/23 22:37
Breaking: SEC Grants Approval for Eight Ethereum ETFs in Landmark Decision
Cryptonews·2024/05/23 22:35
Crypto stock sell-off a 'modest retrenchment' amid spot Ethereum ETF hype, analyst says
The stocks of several spot bitcoin ETFs and bitcoin miners fell Thursday.The sell-offs may be a blip on the radar, according to a Benchmark analyst.Following today’s market close, the SEC approved eight spot Ethereum ETFs.
The Block·2024/05/23 22:25
With Ethereum ETFs now approved, how long until they go live?
Eight Ethereum ETFs were approved earlier today in an omnibus order.However, it may be weeks or even months before the S-1 registration statements are approved and the products are made available for trading.
The Block·2024/05/23 22:25
ETH 'bucking' crypto market downturn thanks to spot ether ETF excitement, analysts say
While outside forces depressed the crypto market, spot ether ETF mania helped sustain ether past a dip.
The Block·2024/05/23 22:01
SEC approves 8 Ethereum ETFs including BlackRock and Fidelity
The SEC has approved eight spot Ethereum ETFs in an omnibus order.This comes just four months after the agency approved spot Bitcoin ETFs for the first time.
The Block·2024/05/23 21:28
The Chairman of the U.S. SEC Suggests Observers "Stay Tuned" for Ethereum ETF
PANews·2024/05/23 14:58
Render and Helium fuel expansion of Solana's DePIN ecosystem: Flipside
Cryptobriefing·2024/05/23 14:55
Flash
- 04:11The U.S. Bitcoin spot ETF had a net inflow of $998 million last week, with the highest single-week net outflow being $206 million from ARKBAccording to SoSoValue data, during the trading week last week (Eastern Time October 21st to October 25th), Bitcoin spot ETF had a net inflow of $998 million for the single week. Among them, Grayscale's ETF GBTC had a weekly net outflow of $11.9 million, and currently GBTC has a historical net outflow of $20.11 billion. The Bitcoin spot ETF with the most single-week net inflow last week was BlackRock's ETF IBIT, with a weekly net inflow of $1.15 billion, and currently IBIT has reached a total historical net inflow of $23.99 billion. Next is Fidelity's Bitcoin ETF FBTC, with a weekly net inflow of $71.7 million, and currently FBTC has reached a total historical net inflow of $10.38 billion.The Bitcoin spot ETF with the most single-week outflows last week was ARK 21Shares Bitcoin ETF ARKB ,with an outflow amounting to 206 million dollars; at present,the cumulative influx into ARKB stands at 2.65 billion dollars. As of press time, the total asset value in bitcoin spot exchange-traded funds (ETFs) stood at USD$65.253bn;the ratio between these assets' market cap and that for all bitcoins came up to about 4.93%.The accumulated influx so far amounts to approximately USD$21.935 billion dollars.
- 04:03The U.S. Ethereum spot ETF had a net outflow of $24.45 million last weekAccording to SoSoValue data, during the trading week last week (Eastern Time October 21st to October 25th), Ethereum spot ETF had a net outflow of $24.45 million. Among them, Grayscale's Ethereum Trust ETF ETHE had a weekly net outflow of $56.35 million, and the current historical net outflow of ETHE is $3.07 billion. The Ethereum spot ETF with the highest weekly net inflow last week was Blackrock's Ethereum ETF ETHA, with a weekly net inflow of $19.1 million, and the current total historical net inflow of ETHA has reached $1.28 billion. Next is Fidelity's Ethereum ETF FETH, with a weekly net inflow of $6.25 million, and the current total historical net inflow for FETH has reached $504 million. As of press time, the total asset value of Ethereum spot ETFs is $6.82 billion USD; The ratio between their market cap compared to that in relation to all Etherium on market stands at 2.28%, while its cumulative historic outflows have already hit around about half-a-billion dollars ($504m).
- 04:02Report: Solana network activity peaks during US hours, quarterly failed transaction fees drop to 26%According to Crowdfund Insider, a report from Coinbase Institutional reveals that Solana network activity typically peaks during U.S. hours but seems more "biased" towards the Pacific Coast time zone compared to BTC and ETH. The report notes that Solana's fee expenditure concentration is consistent with other low-fee networks, with the top 0.13% of users contributing 90% of non-voting transaction fees. Activities related to transactions usually account for 75-90% of Solana's successful transaction fees, higher than Ethereum's 55-65%. By Q3 2024, the proportion of failed transaction fees on the Solana network dropped to 26%, significantly down from its peak of 55% in March this year but still above Base's quarterly average level of14%. In addition, analysts pointed out that Solana ecosystem currently relies mainly on DEX trading activities for revenue generation which might be driven by its larger Meme coin ecosystem; furthermore, its continuously developing gaming and DePIN ecosystems may help diversify fee demand drivers in the long run.
