Ether exchange-traded funds (ETFs) have recorded four consecutive days of outflows, marking a sharp turn in sentiment after a month of heavy inflows that saw them outperform their bitcoin BTC$110,825.64 counterparts. Over the past four trading sessions, spot ether ETFs shed a combined $505.4 million, according to data compiled by Farside Investors. By contrast, bitcoin…
Ether (ETH) is trading near record highs and bullish forecasts like Tom Lee’s $15,000 year-end target have put a spotlight on how investors can best gain exposure to ETH. Market context According to CoinDesk Data, ether, the second-largest cryptocurrency, is trading at about $4,783 at the time of writing, near its all-time highs, reflecting strong…
Volatility Shares’ 2x Ether Strategy ETF (ETHU) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective, the company posted on their website, adding that trading will begin on June 4. Source link