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Ethereum ETFs are all the rage today in crypto markets, having already posted nearly hundreds of millions in flows within hours of their launch. By the end of the US trading day, the new funds had hit $1 billion in trading volume, per Bitwise Chief Investment Officer Matt Hougan. Loading Tweet.. Though, as Blockworks’ Ben
Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter . Welcome to the On the Margin Newsletter, brought to you by Ben Strack, Felix Jauvin and Casey Wagner. Here’s what you’ll find in today’s edition: A pulse check on
Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter . Howdy! I am touching grass today, so Jeffrey is stepping in with the story of how transactions make it to the blockchain. It’s admittedly a little funny that all this complex infrastructure predominantly
Vice President Kamala Harris is now the presumptive Democratic Party nominee for President of the United States, after President Joe Biden abruptly announced he was withdrawing from the race. With her assent to the top of the party ticket comes questions about how a potential Harris Administration might differ from the Biden Administration’s approach to
After her first full day on the campaign trail, Vice President Kamala Harris has apparently secured enough delegates to become the Democratic nominee, according to a survey from the Associated Press. While the pledged support is not official until delegates cast their votes next month, Harris said in a statement that she “look[s] forward to
Hex Trust says it has received in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution License. This has been a multi-year process for the custodian, but will be well worth it as regulation is the future, its CEO Alessio Quaglini said in an interview. Crypto custodian Hex Trust announced on Wednesday
Nine ETFs that hold ETH directly began trading on US exchanges Tuesday, marking another crypto investing milestone just half a year after the country’s debut of spot BTC funds. Investors can choose between ETH products by BlackRock, Fidelity, Grayscale, VanEck, Bitwise, 21Shares and Franklin Templeton, as well as one by Invesco and Galaxy Digital. Each
Investors traded over $1 billion worth of shares of the freshly launched ether exchange-traded fund (ETF) issuers on the first day of their availability, data from Bloomberg shows. Trading volume simply represents the dollar amount of shares exchanged and doesn’t give any insights into whether these trades signal inflows or outflows. It is also unclear
Ethena shared plans to allocate a part of its $235 million USDT stablecoin collateral and $45 million surplus reserve in yield-generating real-world asset (RWA) offerings. BlackRock’s BUIDL fund pitched for a $34 million allocation, while Steakhouse Financial applied with a lending vault on Morpho Blue. 00:59 SEC’s Gensler Was ‘Consistent’ Despite Being ‘Fried Like a