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On the second day of trading, US spot Ethereum ETFs saw huge outflows, that reversed the previous day’s gains. On July 25, the Spot Ethereum ETFs experienced a net outflow of $133.16 million, which was a big drop from the day one’s positive performance. Data showed that Grayscale’s Ethereum Trust (ETHE) was hit the hardest, facing…
The Securities and Exchange Commission (SEC) has delayed its decision on whether to approve or reject spot Ethereum ETFs from BlackRock and Fidelity. Reasons for SEC’s Delay Of The Spot Ethereum ETFs This delay has caused interest and discussions among investors and analysts. Understanding why the SEC has delayed its decision is important for those involved…
