Markets are now open and spot Ethereum ETFs are officially available for trading.
After a long wait, Wall Street now has the chance to get a piece of the crypto pie and start trading the recently approved Ethereum ETFs.
These offerings include:
These ETFs are available on three major exchanges – Cboe, Nasdaq and NYSE.
At the time of writing, Ethereum is trading at around $3,500 with no significant price movements over the past 24 hours and has a trading volume of almost $22.5 billion. The biggest altcoin by market cap is currently valued at $422 billion.
Bonk Inu (BONK), a popular meme coin built on the Solana blockchain, has made a significant leap in the global cryptocurrency space.
Cryptocurrency analyst Bluntz has expressed optimism about a newly launched, cat-themed memecoin within the Binance Smart Chain.
Crypto trader Michaël van de Poppe suggested that the Federal Reserve’s recent decision to cut interest rates by 50 basis points could positively influence the crypto market.
PayPal has announced the launch of its stablecoin, PYUSD, on the Solana blockchain, citing limitations in Ethereum for payment solutions.