Grayscale looks to convert discounted $5B Ethereum trust to spot ETF

Grayscale has moved to convert its Ethereum Trust (ETHE) into a spot exchange-traded fund (ETF). In an Oct. 2 statement, the crypto asset investment product said the New York Stock Exchange Arca filed...

Grayscale Files to Convert $5 Billion Ethereum Trust into Spot ETF

Alex Dovbnya Leading crypto asset manager seeking to convert its renowned Grayscale Ethereum Trust (ETHE) into spot Ethereum ETF Grayscale, the world’s largest crypto asset manager, is seeking a...

Crypto CEO Believes DeFi is Unstoppable, While Investors Accumulate More ETH and BTCS

DeFi, short for Decentralized Finance, has been hailed as an unstoppable force by a prominent Crypto CEO. This burgeoning sector in the crypto world is witnessing a surge in interest and participation...

Crypto Markets Rise As Ethereum Futures ETFs From VanEck, ProShares and Bitwise Launch

Crypto markets are spiking as the launch of three major Ethereum (ETH) futures exchange-traded funds (ETFs) debut. Announcements today from VanEck, ProShares and Bitwise confirm the launches of future...

Grayscale submits SEC filing to convert Ethereum Trust to spot ETF

Following the approval of the first Ether (ETH) futures exchange-traded fund (ETF), Grayscale Investments is looking to convert its Grayscale Ethereum Trust to a spot Ether exchange-traded fund (ETF)....

Bitwise Ethereum ETFs Launched Facilitating New Ether Investments

Key Points: Bitwise Ethereum ETFs have now been launched for regulated Ethereum futures investing. Ethereum’s growing ecosystem makes these ETFs an appealing investment opportunity. Bitwise, along wit...

Grayscale files to convert $5b Ethereum fund into spot Ether ETF

Grayscale Investment submitted an application with the SEC seeking to reshape its current Ethereum-based trust into an exchange-traded fund tied to Ether’s spot price. The conversion move was disclose...

FTX Hacker Abruptly Begins Moving Millions Worth Of Stolen ETH

Table of Content According to blockchain data, the bad actor who hacked cryptocurrency FTX in the middle of its collapse has abruptly started moving millions worth of stolen crypto assets early on Sat...

Fight for assets begins as ETH futures ETFs debut

The first ETFs to hold ether futures contracts launched Monday, with fund groups like VanEck, ProShares, and Bitwise Asset Management competing for assets. Volatility Shares, the firm that kickstarted...

Hashdex Nasdaq Seeks Approval From SEC for Ethereum ETF

1 The September 11 filing of Hashdex Nasdaq, Ethereum ETF has been put forth to the SEC for approval. 2 With this approval, Investors’ exposure to both Ethereum spot and future contracts will be offer...

BREAKING! Ethereum Application from the New York Stock Exchange to the SEC!

According to GlobeNewswire, NYSE Arca, which operates as a subsidiary of NYSE Group, has filed an application with the SEC to convert Grayscale’s Ethereum Trust fund into a spot Ethereum ETF. Ac...

Grayscale seeks to convert its Ethereum Trust to an ETF

Grayscale Investments wants to morph its Ethereum Trust into an ETF, a move that parallels a proliferation of ETH-related fund applications. The news came in a Monday filing by NYSE Arca, the exchange...

VanEck Launches EFUT, the Only Ethereum Futures ETF Structured as a C-Corp.

NEW YORK–(BUSINESS WIRE)–VanEck is today launching the VanEck Ethereum Strategy ETF (CBOE: EFUT), a unique new actively managed ETF designed to seek capital appreciation by investing in Ether (ETH) fu...

Grayscale files to convert its Ethereum Trust into a spot Ethereum ETF

Grayscale is seeking for SEC’s approval to convert its Ethereum Trust to an Ethereum ETF. Grayscale’s Ethereum Trust manages nearly $5 billion in Ethereum assets. Transition to spot ETF offers direct ...

Grayscale Ethereum ETF May Be Launched With New Application

Key Points: Grayscale files to convert Ethereum Trust to a spot ETF. Grayscale Ethereum ETF would allow investors to invest in Ethereum directly. Approval of the ETF would be a major milestone for the...

Vitalik Buterin Discusses Certain Changes to Ethereum Staking, What’s Coming Next?

Ethereum co-founder Vitalik Buterin also raised concern regarding the concentration of Ethereum’s liquid staking providers. In his recent blog post, Ethereum co-founder Vitalik Buterin shared his opin...

UBS trials tokenized money market fund on Ethereum

The asset management arm of Swiss banking giant UBS has launched a tokenized investment fund on Ethereum. The tokenized Variable Capital Company (VCC) fund was launched as part of Singapore’s Project ...

UBS and Ethereum blockchain team up to revolutionize money market funds – Cryptopolitan

TLDR UBS Asset Management has initiated a live pilot of a tokenized money market fund on the Ethereum blockchain, utilizing its in-house service, UBS Tokenize. The pilot is part of Project Guardian, l...

BREAKING! VanEck Launched Ethereum Futures ETF!

The news that investors and the market have been waiting for a long time has arrived and VanEck has launched the Ethereum futures ETF. According to VanEck’s website, the launch date of the Ethereum Fu...

Will Ethereum BREACH $2,000 Higher?

The recent focus has shifted towards Ethereum, showcasing promising performance metrics. In the last 24 hours, Ethereum’s price rose by approximately 2%, leading it to surpass the critical resistance ...

Ethereum’s Layer 2s Break New Ground in Scalability

Ethereum has marked a commendable 22% upsurge in its value as of September 2023, surpassing many substantial smart contract blockchains, according to Will Ogden Moore’s article on Grayscale blog...

Crypto Weekly Roundup: HTX Loses 5000 ETH In Major Hack And More

Table of Content Less than two weeks after Huobi rebranded itself to HTX to boost user adoption, the crypto exchange was targeted by a hacker who siphoned 5000 ETH worth almost $8 million from the pla...

Comparison Between Bitcoin Spark and Ethereum for the Next Bull Run

Bitcoin Spark (BTCS) and Ethereum are prominent cryptocurrencies standing out as compelling choices for potential investors in 2023. Bitcoin Spark’s innovative mining approach and Ethereum’s technolog...

ETH Price Shoots to $1,750 Before Ethereum Futures ETF Launch

Along with Bitcoin the world’s second-largest cryptocurrency Ethereum (ETH) has also registered solid gains, shooting by more than 3.5% in the last 24 hours and moving closer to $1,750. The recent pri...

Friend.tech revenue surges over 10,000 ETH, TVL tops 30,000 ETH

Decentralized social media platform Friend.tech, based on Coinbase’s layer-2 protocol, Base, has touched new heights in terms of revenue growth and total value locked on its platform. According to dat...

FTX Exploiter Moves $17M in ETH, Ethereum Futures ETFs Prepare for Debut

Despite this major shuffle by FTX exploiter, Ethereum price has gained to $1,750 levels before the launch of Ethereum futures ETFs. Recent data from Spot On Chain indicates that an address associated ...

Crypto Whales Have Begun Accumulating and Staking ETH Tokens

According to Lookonchain, crypto whales have started accumulating and staking ETH. Loonkonchain spotted two significant whale ETH withdrawals from Binance. One whale withdrew 4,288 ETH, while another ...

VanEck Pledges 10% of Ethereum ETF Profits to Protocol Guild

VanEck, a notable investment management firm, has committed to donating 10% of the profits from its Ethereum Strategy ETF (EFUT) to Protocol Guild for a minimum duration of ten years. This declaration...

One of Ethereum’s Biggest Rivals Gearing Up To Outperform ETH, According to Former ARK Invest Crypto Analyst

Crypto investor and venture capitalist Chris Burniske says that Solana (SOL) is poised to start outrunning Ethereum (ETH) in a new trend formation. Sharing a chart posted by on-chain analyst Will Clem...

Bitcoin and Ethereum Rally, Liquidating $70M in Shorts

The crypto market sees green as investors pay close attention to the launch of the Ethereum futures exchange-traded fund (ETF). Bitcoin (BTC) and Ethereum (ETH) kick off October with impressive price ...

Hacker of Sam Bankman-Fried’s FTX Moved 15,000 Ether (ETH) This Weekend

In November 2022, hours after FTX and its related companies filed for bankruptcy, an unknown party managed to drain various wallets of as much as $600 million. About $26 million worth of ETH – 15,000 ...

Bitwise to Launch Two Regulated Ethereum (ETH) Futures Today, on October 2

Bitwise will be introducing its customers to CME futures through the AETH and BTOP products that expand the company’s suite of crypto products amid heightened demand from institutional investors. Lead...