Wild Bitcoin, Ether Price Swings Amid Spot ETH ETF Decision Triggers $350M Liquidations
U.S. regulators approved listing spot ETH ETFs but have not yet cleared to trade.
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Eth
Financial
First Mover Americas: BTC, ETH Consolidate Ahead of Ether ETF Decision
The latest price moves in crypto markets in context for May 23, 2024.
Financial
Ether Spot ETF Approval Would Raise Expectations Solana Could Also Be Classified as a Commodity: Bernstein
Ether spot ETF approval would set a precedent as the first non-bitcoin digital asset to be considered a commodity, raising expectations that solana could follow the same path, the report said.
Financial
Ether’s Bull Momentum Is Strongest Since May 2021
Ether’s price jumped 18% in six days on mounting speculation the U.S. SEC will approve a spot ETH exchange-traded fund (ETF). Some traders expect it to hit $5,000 by the end of June.
Financial
Ether Volatility Expected as Traders Flood Exchanges With $231M of ETH Amid ETF Hopes
The surge in deposits comes after a 22% rally in ether spurred by hopes of a spot ETF approval.
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Ether Has 1 in 5 Chance of Tapping $5K by End-June, DeFi Options Protocol Lyra Says
Traders on Lyra have snapped up ether calls at the $5,000 strike and higher this week.
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Ether Market Cap Adds Close to an Entire Solana Blockchain in a Single Day
SOL is often cited as a contender to replace ETH eventually. This week’s market action shows how Herculean the task would be.
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Ether Rally Prompts Over $300 Million ETH Inflow to Crypto Exchanges: Nansen
The fast move likely signals short-term profit taking after ether’s rapid 30% rally, one observer noted.
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Fidelity Drops Staking Plans in Updated Ether ETF Filing
Annualized yields on ether staking are nearly 3% as of Tuesday, veri from popular staking service Lido shows.
Financial
Ether ETF Speculation Could Weigh on SOL, Wider Altcoin Market
Traders will not want to be short ETH while going through an ETF approval, one observer said.