In its official statement, the Chicago Board Options Exchange (CBOE) announced that some of the spot Ethereum ETFs will begin trading on July 23.
The listed ETFs are:
This is a major milestone for the cryptocurrency space, since this will be the first approved spot altcoin ETF after the SEC greenlit Bitcoin ETFs in the beginning of the year.
At the time of writing ETH is trading at $3.500 after a 2.4% price increase in the past 24 hours.
Two asset managers are preparing to introduce a new class of cryptocurrency investment products that combine traditional exchange-traded fund (ETF) structures with staking income from Ethereum and Solana holdings.
Institutional interest in Ethereum is clearly picking up—at least on paper. Spot Ethereum ETFs have seen nine straight days of net inflows, with BlackRock’s ETHA and Fidelity’s FETH leading the charge.
Ethereum (ETH) has gone down by 2.4% in the past 24 hours and currently sits at $2,580 in what has been mostly a red week for the crypto market. Trading volumes have retreated by 5% during this same period, indicating that the selling spree is not that strong at the moment. However, crypto liquidations have […]
A China-based tech company is taking a bold step into the world of digital finance, despite the country’s strict stance on cryptocurrency.