First Mover Americas: Ether, Meme Coins Lead Recovery While Bitcoin Remains Subdued
The latest price moves in crypto markets in context for June 19, 2024.
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Elevated Ether Volatility Expectations May Be Unfounded
The excitement surrounding the impending debut of spot ether ETFs in the U.S. has investors anticipating higher ether price swings relative to bitcoin.
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Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein
Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.
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Ether ETF’s Lack of Staking Won’t Dampen Strong Institutional Demand, 21Shares’ Ophelia Snyder Says
Prospective providers of spot ether ETFs in the U.S. removed provision for staking from their applications to avoid potential regulatory roadblocks.
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Dogecoin, Solana Lead Crypto Majors Plunge as Bitcoin Falls Below $66K
The lack of immediate catalysts to prop up markets in the near-term are likely weighing down token prices, one trader said.
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Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters
The eleven ETFs recorded $200 million in net outflows on Tuesday, the highest since May 1 figures of $580 million.
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Bitcoin ETFs See $65M Net Outflows on Monday, Breaking 19-Day Record Streak
Grayscale’s GBTC saw $40 million in outflows, the most among its counterparts, while Bitwise’s BITB led inflows at $7.6 million.
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Explaining Bitcoin’s Dull Price Action Amid Record ETF Inflows
Most ETF inflows are likely part of a non-directional strategy, not outright bullish bets.
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Bitcoin Bags $2B Inflows, Ether Sees Highest Institutional Buying Since March
One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600.
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SEC’s Gensler Shrugs About New Crypto ETFs Strolling Through His Agency’s Gates
Evvel waging a meşru battle against crypto ETFs, SEC Chair Gensler now talks about the pending ETH ETF as if it’s a casual process and is jumping through the standard hoops.