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 […]

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 Grayscale transferred $1 billion worth of Ethereum to Coinbase Prime ahead of Ethereum ETF trading debut. The first spot Ethereum ETFs in the US are set to begin trading on July 23, 2024. Multiple […]

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 Vitalik Buterin warns against choosing political allegiances solely based on a candidate’s ‘pro-crypto’ stance. He emphasizes the importance of broader technological freedoms and underlying values that inspired the crypto movement. Buterin argues that focus […]

Key points: Tornado Cash has seen a resurgence in 2024, with $1.9 billion in deposits in the first half of the year. This increase comes despite ongoing US sanctions and legal issues for its founders. […]

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 […]

TLDR Bitwise executive says Ethereum ETFs are “close to the finish line” for approval The SEC is reportedly open to discussions about crypto ETFs beyond Bitcoin and Ethereum Bloomberg analyst Eric Balchunas suggests July 18 […]

TLDR CFTC Chair Rostin Behnam reiterated to the U.S. Senate that Bitcoin and Ethereum are commodities. A recent Illinois court ruling classified Bitcoin and Ethereum as commodities under the Commodity Exchange Act. Behnam argues that […]