Spot Ethereum ETFs pull in $53.6 million recording no outflows

December 24, 20240Comments

Blackrock’s ETHA recovers from a $103 million outflow, pulls in $89.5 million

Blacrock’s Spot Ethereum ETF ETHA recovered from a massive outflow of $103 million last week to pull in $89.5 million yesterday. The trading activity is about the only significant activity that occurred on Ethereum ETFs for the day as a whopping five exchange-traded funds recorded no transaction for the day. The nine Spot ethereum ETFs…

CryptoNews article header showing Ethereum coin among other crypto coins, headline reading "Three ETF Products Lose $79.4 Million as Ethereum ETFs Pull in Only $2.5 million."

December 19, 20240Comments

Three ETF products lose $79.4 million as Ethereum ETFs pull in only $2.5 million

Three out of the nine existing Ethereum ETF products recorded an outflow of $79.4 million yesterday draining the Ethereum ETFs. The Ether ETFs were left with a balance sheet of $2.5 million following the significant outflows from the three ETF products. Farside Investors UK revealed that Grayscale’s ETHE, Grayscale’s ETH, and Bitwise's ETHW recorded outflows…

CryptoNews article header showing Ethereum coin with warm-toned background, headline reading "Spot Ethereum ETFs Record No Outflows For The Day Pulling in $144 million."

December 18, 20240Comments

Spot Ethereum ETFs record no outflows for the day pulling in $144 million

The nine-spot ethereum ETFs surprisingly recorded no outflows for the day while pulling in a commendable $144 million. The $144 million pulled in by the Ethereum ETFs is an encouraging figure compared to yesterday's $51 million. Farside Investors UK data revealed that Blackrock’s ETHA recorded the highest inflow for the day pulling in $134 million. …

December 17, 20240Comments

Spot Ethereum ETFs record poor inflow of $51 million despite surge in Ether price

The nine-spot ethereum ETFs recorded a poor inflow of $51 million only despite Ethereum surging past the $4,000 mark yesterday. The poor performance is a sharp contrast from last week when the Ether ETFs pulled in over $852 million during the five trading days. Ether ETFS started the week pulling in only $51 million despite…

CryptoNews article header showing a physical Ethereum coin among other crypto coins, headline reading "Ethereum Crosses The $4k Mark For The Second Time in Three Months."

December 16, 20240Comments

Ethereum crosses the $4k mark for the second time in three months

Ethereum, the second largest crypto asset by market capitalization crossed the $4000 price threshold for the second time in over three months today. The crypto asset hit $4,012 in the early hours of Monday as it closes in on its three-year all-time high of $4,878. This is the second time Ethereum has crossed this price…

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December 14, 20240Comments

Ethereum’s Value Debate: Can Rollups and Layer-1 Integration Secure Its Future?

As Ethereum continues evolving into a rollup-centric ecosystem, its position as the leading smart contract platform faces increasing scrutiny. While major upgrades like Dencun have improved scalability and efficiency, concerns about long-term value capture persist, especially with rising competition from alternative Layer-1 (alt-L1) blockchains like Solana and Sui. This shift has sparked critical discussions about…

ByGabriel Okokhuele Eromonsele

CryptoNews article header with Bitcoin coin on ETF trophy stand against courthouse background, headline reading "Bitcoin and Ether ETF Record Combined $870 Million Inflow as Investor Confidence Soar."

Bitcoin Ethereum

Bitcoin and Ether ETF record combined $870 million inflow as investor confidence soar

Spot Bitcoin and Ethereum Exchange Traded Funds (ETF) pulled in a staggering $870 million yesterday indicating a high level of confidence amongst institutional investors. Spot Bitcoin ETFs led the inflows for the day pulling in $597.5 million with Blackrock’s IBIT getting a large percentage of the inflows. Blackrock’s IBIT witnessed an inflow of $431.6 million…

December 13, 20240Comments

December 11, 20240Comments

39 Ways Ethereum Is Becoming Faster, Cheaper, and More Secure Through Academic Research

Ethereum Foundation’s Academic Grants Round 2022 funded 39 cutting-edge research projects, driving innovation in cryptography, DeFi, and Ethereum scalability

ByGabriel Okokhuele Eromonsele