$108,208.00
-0.83%$2,552.55
-0.84%$2.26
-0.20%$659.78
-0.31%$149.21
-1.51%$0.999896
0.00%$0.287114
-0.22%$0.167811
-3.54%$2,551.91
-0.85%$0.577606
-1.41%$108,115.00
-0.95%$37.40
-6.36%$3,082.95
-0.63%$496.63
-0.11%$2.85
-2.25%$13.31
-2.10%$9.06
0.28%$0.24812
-1.39%$17.81
-2.38%$0.999762
-0.01%$0.00001173
-0.61%$2,734.42
-0.83%$2.76
-2.79%$2,552.39
-0.80%$0.155889
-2.37%$86.29
-1.68%$45.03
0.17%$0.999621
-0.06%$314.83
-1.92%$108,258.00
-0.83%$0.999853
-0.03%$3.34
-1.69%$4.29
-3.12%$7.42
-0.25%$280.82
-2.12%$0.00000991
-2.31%$0.455554
-2.30%$1.18
0.02%$48.28
-0.26%$319.59
-2.69%$1.00
0.00%$4.38
-1.94%$181.28
-1.55%$2.14
-1.65%$4.75
-2.08%$16.49
-0.91%$0.080813
-0.58%$0.776905
-2.50%$1.058
0.02%$0.999247
-0.08%$0.075238
-2.63%$4.43
0.10%$0.560954
-1.44%$15.53
0.42%$4.03
-1.11%$0.0000234
7.47%$0.0203484
-1.97%$0.663905
-1.94%$8.49
-1.87%$0.078821
0.05%$0.185923
1.06%$107,763.00
-1.33%$3.14
-2.70%$0.326822
-1.87%$0.255183
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-0.85%$105.46
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0.03%$0.998194
-0.01%$11.02
-0.42%$158.39
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0.15%$0.429373
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-0.12%$2,675.75
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-0.90%$1.23
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-3.97%$1.55
-7.41%$1.077
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0.02%$10.31
-2.72%$0.999498
-0.02%$0.643999
-2.44%$0.304152
-2.95%$2,723.35
-0.92%$1.47
-5.68%$2,681.38
-0.80%$1.11
0.03%$0.534898
-2.36%$3,338.22
0.55%$0.0147968
-2.75%$107,917.00
-1.27%$108,076.00
-0.83%$3.12
-2.72%$0.99974
0.02%$659.36
-0.36%$0.149788
-1.53%$2,689.02
-0.76%$0.844478
-3.04%$109,014.00
-1.75%$0.00008509
0.43%$3,331.84
0.66%$0.082585
-2.42%$167.50
-1.44%$2.25
-1.37%$0.490497
2.17%$0.413381
-3.00%$195.04
-1.47%$2,755.93
-1.00%$111.71
0.02%$0.507559
-0.62%$10.74
0.01%$0.680476
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-0.03%$0.718554
-3.81%$1.84
-4.36%$1.087
-0.29%$0.01394391
-2.43%$38.54
-1.52%$18.41
-1.83%$0.155793
-2.53%$0.00000061
0.07%$37.41
-6.19%$0.226539
0.07%$0.241442
-1.63%$107,355.00
-1.47%$0.997741
-0.04%$0.01197361
-3.11%$0.679825
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-0.91%$107,998.00
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3.13%$3.37
-1.54%$0.517359
-6.81%$0.400829
-1.81%$0.52329
-1.21%$2,551.97
-0.92%$2,722.50
-0.92%$0.095183
-3.59%$0.995467
-0.43%$2,683.32
-0.28%$0.323878
-1.56%$108,163.00
-0.91%$2,552.97
-0.87%$0.262129
-1.57%$0.996933
-0.15%$24.63
-0.30%$0.485515
-2.85%$0.999905
0.03%$0.229803
-0.29%$0.597969
-2.31%$0.999897
0.01%$0.01363548
-3.51%$1.33
-1.05%$7.75
1.33%$0.061614
2.09%$2.36
2.33%$0.00000044
-0.45%$0.398022
0.32%$0.167542
-3.71%$0.0042935
-5.31%$1.34
-2.64%$0.999935
0.00%$0.04207182
-4.30%$37.38
-6.26%$1.093
0.00%$1.005
0.93%$0.00689613
-4.28%$0.11077
-2.49%$2,714.71
-0.76%$0.514576
-2.18%$0.146887
-5.25%$40.64
-1.30%$5.38
-1.56%$0.996745
-0.39%$0.00000096
-3.81%$13.22
-1.05%$0.07227
-2.65%$108,358.00
-0.60%$2,552.27
-0.69%$0.00001829
-2.10%$0.999923
0.00%$0.303312
-2.51%$0.356297
-10.77%$0.142208
-2.84%$0.488692
1.73%$0.938565
-2.38%$1.12
-2.35%$2,814.82
-0.90%$2.11
-2.65%$1.45
-5.66%$0.00374518
-3.66%$0.03436028
-1.17%$2,794.15
-0.76%$0.03481863
-2.88%$20.50
0.00%$1.15
0.84%$0.01728492
-0.28%$108,200.00
-0.82%$4.99
-2.96%$2,551.69
-0.90%$0.04508222
-2.52%$0.313313
-4.44%$0.99896
0.03%$0.999733
0.06%$0.999341
0.03%$0.312061
-2.95%$0.00593725
-4.02%$0.470291
-2.02%$2,550.90
-0.82%$0.00005582
-1.74%$10.32
-0.36%$0.999607
0.05%$162.95
-1.44%$0.063821
-3.98%$0.188212
72.11%$0.65361
-0.87%$1.00
0.03%$110.37
-1.06%$0.695291
-1.78%$3,088.57
-0.87%$1.057
-1.18%$108,025.00
-0.99%$1.019
0.00%$0.00335512
-2.10%$1.22
-0.22%$0.283771
-6.21%$17.82
-2.36%$0.00000136
-2.01%$0.66991
-3.91%$0.185836
0.87%$2,171.99
-0.83%$0.590197
-0.37%$0.189954
-0.55%$0.104126
-8.55%$101,903.00
-0.17%$15.61
-1.05%$1.62
0.28%$0.02620524
-1.94%$0.00375339
-3.30%Reading
New York-based crypto-fund manager Grayscale today reported record Ethereum inflows in the past quarter—more than the total of all previous inflows for the cryptocurrency. The new data suggest that institutional investors have been scooping up Ethereum, despite a historically tumultuous market.
Grayscale’s investment products provide indirect exposure to cryptocurrencies. Its latest report shows that the asset manager enjoyed the largest quarterly influx of inflows across all its products since it launched in 2018. In total, it raised $503.7 million this quarter, half the total amount ($1.07 billion) for the last 12 month period.
Grayscale’s Bitcoin Trust accounts for the bulk of this amount, with an inflow of $388.9 million. But most impressive is the surge in popularity for the Ethereum Trust, which saw a record $110M in quarterly inflows. The trust’s combined inflows for the past two years amount to $95.8 million, as Spencer Noon, head of crypto investments at DTC Capital, pointed out in a tweet.
Institutional investors are buying $ETH
The cat is officially out of the bag
From the latest @GrayscaleInvest report:
Ethereum Trust saw $110M in Q1 inflows
This is more than all of its previous inflows combined for the past 2 years ($95.8M)
— Spencer Noon (@spencernoon) April 16, 2020
Grayscale’s success must be viewed in the context of a market rout which crypto assets did not escape. On March 12, Bitcoin had its worst day in history, when its price dropped from $7,900 to $4,600—over 40%.
Notably, inflows into Grayscale’s Ethereum Trust first began to outpace Bitcoin in the week that followed. It suggests that Bitcoin could be losing its sheen as a safe haven asset.
According to Grayscale, the figures show “strong and sustained evidence that investors are increasing their digital asset exposure.”
In a year of unprecedented economic upheaval, it’s a glimmer of hope that investment community interest is strong— particularly for Ethereum.
Will Solana token launchpad Pump.fun drop its own token? According to a major crypto exchange, the platform is planning to do so later this week—though the page detailing the potentially $600 million sale has since been pulled. According to a page on crypto exchange Gate that was apparently removed following substantial social media attention, Pump.fun is gearing up to offer its PUMP token for sale starting July 12. Per the now-deleted page, Pump.fun and Gate will offer 150 billion PUMP in a pub...
Publicly traded firms Semler Scientific and Metaplanet both bought more Bitcoin on Monday, adding to their already large holdings even as Bitcoin treasury trend-setter Strategy paused its purchases. Semler, a firm that develops products for treatment and detection of chronic disease, bought 187 Bitcoin for $20 million. Japanese investment firm Metaplanet snagged 2,205 BTC for nearly $239 million. Semler now holds 4,636 BTC worth more than $500 million while Metaplanet’s treasury has grown to 15...
A proposal backed by Ethereum co-founder Vitalik Buterin would introduce restrictions on the amount of computational work individual transactions can command, strengthening the network against potential attacks and support more advanced forms of cryptography. The proposal, dubbed EIP-7983, was co-authored by Ethereum Foundation Researcher Toni Wahrstaetter and recommends a so-called gas limit of 16,777,216 gas. Currently, Ethereum has a per-block gas limit of around 36 million, with no gas limit...
