Supporting Innovation: Bitwise Pledges 10% Of Ethereum Spot ETF To Open-Source Developers

As excitement regarding the launch of the much-anticipated Ethereum Spot Exchange-Traded Funds (ETFs) brews, asset management company, Bitwise, in a groundbreaking move for the crypto industry is set to donate a portion of its profits from its ETH spot ETF to Ethereum open-source developers. This move by Bitwise demonstrates the broader understanding of the value…

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Ethereum ETF Race Heats Up As All 8 Issuers Unveil Management Fees

As the July 23 deadline for launching the spot Ethereum ETF (exchange-traded fund) market approaches, asset management firms have disclosed their management fees, signaling the imminent approval of applications by the US Securities and Exchange Commission (SEC).  BlackRock’s Fee Cut Strategy According to BlackRock’s amended S-1 registration statement filed on Wednesday, the asset management giant…

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Ethereum Spot ETFs Sparks Institutional Optimism, Surpassing Retail Sentiment

After news of the potential launch of the first Ethereum Spot Exchange-Traded Funds (ETFs), optimism among ETH institutional investors has witnessed a significant rise, surpassing that of retail investors towards the crypto asset. Institutional investors’ positive sentiment may be explained by a number of factors, including higher trading volumes, which indicate a strong belief in…

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Ethereum ETFs May Soon Allow Staking, Suggests SEC Commissioner Peirce

In a recent interview, US Securities and Exchange Commission (SEC) Commissioner Hester Peirce reopened the discussion of adding staking features to Ethereum ETFs (exchange-traded funds) after their upcoming launch, possibly on July 23.  Initially, ETF issuers such as VanEck and Fidelity had sought approval to wager the underlying Ethereum held in their products. However, it…

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Ethereum Gears Up For Gains: These Bullish Indicators Signal Potential Upside

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has currently been showing signs of a potential upside move as key indicators turn bullish. This positive momentum which may be triggered by an increase in the market buying pressure has led to a growing optimism about the digital asset’s near-term prospects. In this article, As…

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