AD

AD

News Explorer — Ethereum ETFs Will Attract $500 Million in Their First Week If Approved: OKX

Generated by AI, curated by humans

May 23, 11:32 am

DL News

Ethereum ETFs Will Attract $500 Million in Their First Week If Approved: OKX

Institutional investors are eagerly awaiting the approval of Ethereum ETFs by the US Securities and Exchange Commission (SEC), with $500 million expected to be invested in the next week if approved. The potential approval of Ethereum ETFs could bring about a new wave of institutional demand and a surge in the price of Ethereum. However, the introduction of ETFs may have implications for crypto exchanges such as Coinbase and Kraken.

Institutional investors are eagerly awaiting the approval of Ethereum ETFs by the US Securities and Exchange Commission (SEC), with $500 million expected to be invested in the next week if approved. The potential approval of Ethereum ETFs could bring about a new wave of institutional demand and a surge in the price of Ethereum. However, the introduction of ETFs may have implications for crypto exchanges such as Coinbase and Kraken.

Latest

Jun 21, 9:47 pm

Decrypt

No, 50 Cent Isn't Launching a Celebrity Meme Coin

Rapper 50 Cent's Twitter account was hacked for a pump-and-dump scam involving a Solana token called GUNIT. The hacker m... Read Summary

Jun 21, 6:16 pm

Decrypt

‘AI Arena’ Sets Date for the Launch of Its NRN Token

AI Arena, an artificial intelligence-driven fighting game, has announced the launch date for its NRN token. Following a... Read Summary

Jun 21, 1:00 pm

Coindesk

Osmosis DAO Adopts Fee-Free Bitcoin Bridge to Improve Interoperability

Osmosis, a decentralized autonomous organization (DAO), has voted to adopt a fee-free Bitcoin bridge to enable the movem... Read Summary

Jun 21, 12:43 pm

The Defiant

Aave Community Has Greenlit stETH-focused Deployment of Aave V3

Aave's community has approved a proposal to launch a version of Aave v3 focused on the Lido ecosystem, specifically desi... Read Summary

Jun 21, 12:24 pm

Decrypt

Ripple CEO Brad Garlinghouse, Will Face Trial for Allegedly Misleading Statements

Ripple Labs is facing another legal battle as a civil securities lawsuit against its CEO, Brad Garlinghouse, has been ap... Read Summary

Jun 21, 11:15 am

Decrypt

Bitcoin Price Sinks Below $64K as Germany Offloads BTC

Bitcoin's price dropped 3.5% in the past 24 hours to around $64,700, with a 1.2% loss in the last hour alone. The slump... Read Summary

Jun 21, 10:41 am

Decrypt

Standard Chartered to Launch Bitcoin, Ethereum Trading Desk

Standard Chartered is reportedly creating a Bitcoin and Ethereum trading desk in London, becoming one of the first globa... Read Summary

Jun 21, 10:30 am

Coindesk

US Lawmakers Visit Binance Executive Tigran Gambaryan in Nigerian Prison

U.S. lawmakers Rep. French Hill and Rep. Chrissy Houlahan visited Tigran Gambaryan in a Nigerian prison, where the Binan... Read Summary

Jun 21, 9:54 am

Decrypt

Grayscale Ethereum Trust May Be Hindered by Lack of Staking

Grayscale's Ethereum Trust (ETHE) is facing limitations due to its inability to stake Ethereum and receive rewards. This... Read Summary

Jun 21, 7:52 am

Coindesk

Bitcoin ETFs Have Lost Over $900 Million This Week

U.S.-listed spot bitcoin exchange-traded funds (ETFs) experienced their fifth consecutive day of outflows, losing over $... Read Summary

Jun 20, 10:20 pm

Decrypt

Toronto-Based 3iQ Proposes Solana ETF, a First for North America

Canadian investment fund manager 3iQ has filed a proposal for The Solana Fund (QSOL), which would be the first Solana ex... Read Summary

Jun 20, 9:27 pm

Decrypt

Twitter's X Payments Plans Don't Include Dogecoin or Crypto

Twitter's regulatory documents reveal plans for a payments service called X Payments, which has obtained money transmitt... Read Summary

Jun 20, 9:01 pm

Decrypt

Winklevoss Twins Donate $2 Million in Bitcoin to Support Donald Trump

Tyler and Cameron Winklevoss, co-founders of Gemini and former Facebook executives, donated a total of $2 million in Bit... Read Summary

Jun 20, 7:24 pm

Decrypt

Ethereum ETFs Get First TV Commercial Ahead of US Launch

Bitwise, a crypto index fund manager, has released a national TV ad promoting the Ethereum network. The commercial contr... Read Summary

Jun 20, 5:57 pm

Decrypt

Germany Starts Selling Its Billions of Seized Bitcoin

The German government has started selling its seized Bitcoin, raising concerns about its impact on the cryptocurrency ma... Read Summary

AD