Trading Volume of Spot Ethereum ETFs Falls Below $900M
The second day of trading for the Ethereum ETFs saw strong volume, but demand has since cooled off after a strong start.
Hashdex Files to Launch an ETF Holding Ether and Bitcoin
Digital asset manager Hashdex has taken a significant step towards offering a combined spot Bitcoin and Ether exchange-traded fund (ETF) in the United States.
Bitstamp Will Start Today Repayments to Mt. Gox Creditors
Customers of Mt. Gox will finally begin receiving payouts through Bitstamp on Thursday after a 10-year wait following the exchange’s collapse due to a hacking incident.
Spot Ethereum ETFs Lose $133 Million
Spot Ethereum ETFs experienced a total outflow of $133.3 million on July 24, as reported by Fidelity Investments.
Citi Upgrades Coinbase Shares to Buy from Neutral
Citi believes that crypto exchange Coinbase could see benefits from a better regulatory climate in the US.
Spot Ethereum ETFs Generate $1B in Trading Volume on Their First Day
On their first day of trading, spot Ether exchange-traded funds listed in the United States generated roughly $1.08 billion in trading volume, approximately 23% of the amount seen by spot Bitcoin ETFs on their opening day.
Crypto Custodian Hex Trust Obtains In-principle Approval from Singapore’s Regulator
Crypto custodian Hex Trust has announced that the Monetary Authority of Singapore (MAS) has given them in-principle approval for a Major Payment Institution license.
