TLDR Compound Finance passed a controversial proposal allocating $24 million worth of COMP tokens to a new vault The proposal was narrowly approved despite objections from many community members Critics argue this may be a […]
TLDR Grayscale’s Ethereum ETF (ETHE) saw $484 million in outflows on its first day of trading. BlackRock’s Ethereum ETF (ETHA) led with $265 million in inflows. The total trading volume for Ethereum ETFs on day […]
TLDR Bitcoin price dropped from $65,500 to around $64,000 in early Asian trading hours. Over $250 million in bullish bets were liquidated, the largest amount since early July. Ethereum saw a larger drop of about […]
Ethereum (ETH), the second-largest cryptocurrency, has seen a significant price drop of over 7.5% in recent trading, with its value hovering above $3100. This decline comes in the wake of the much-anticipated launch of Ethereum […]
TLDR Spot Ethereum ETFs experienced net outflows of $113-133 million on their second day of trading. Grayscale’s Ethereum Trust (ETHE) saw significant outflows of $326.9 million on the second day. Most new Ethereum ETFs posted […]
US SEC approves Ethereum ETFs after years regulatory process. Grayscale has launched two spot Ether ETFs on NYSE Arca after the SEC’s approval. The SEC has also approved VanEck Ethereum ETF. In a landmark decision […]
TLDR Spot Ethereum ETFs have received final approval from the SEC to begin trading on Tuesday, July 23, 2024. Several major firms including BlackRock, Fidelity, and VanEck will offer Ethereum ETFs. Ethereum ETFs are expected […]
TLDR 21Shares has set a management fee of 0.21% for its Ethereum ETF (CETH). The company plans to waive fees for up to 6 months or until the fund reaches $500 million in assets. Other […]
TLDR Former Ethereum developer Virgil Griffith’s prison sentence has been reduced by 7 months. Griffith was originally sentenced to 63 months for violating US sanctions on North Korea. A federal judge agreed to reduce his […]
TLDR Polygon will migrate from MATIC to POL tokens on September 4, 2024. The upgrade is part of Polygon’s 2.0 roadmap to enhance its layer 2 ecosystem. POL will become the native gas and staking […]
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