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The launch of U.S.-based spot Ether ETFs has led to mixed results for Ethereum’s price. BlackRock’s iShare Ethereum Trust (ETHA) attracted inflows of $91.4 million on August 1st, showing positive activity. Meanwhile, Grayscale’s Ethereum Trust (ETHE) continues to experience outflows, with the total amount exceeding $2 billion since it was converted to a spot product. See…
The SEC has recently given the green light for various spot Ether ETFs (exchange-traded funds) to begin trading. Ether, which is the cryptocurrency associated with the Ethereum network, is the second-largest digital currency by market capitalization. See Also: The SEC Confirms Smooth Approval Process for Ethereum ETF List Of Approved Spot Ether ETFs As of Monday…
