US investment banking giant Morgan Stanley has reported a rise in crypto fund positions in the second quarter, with notable increases in holdings of BlackRock’s
Tag: ETH
Bank Leumi to Offer Cryptocurrency Trading in 2027
Israel’s largest bank will introduce cryptocurrency trading services through its mobile app, marking the first such offering by an Israeli institution. Galaxy Digital facilitates these
Bitcoin BTC fell below $63,000, dropping 1.14% since midnight UTC, as spot exchange-traded funds (ETFs) continued to see outflows and the crypto market lacked key bullish catalysts. Bitcoin ETFs experienced their second consecutive day of outflows with a total of $192 million exiting products, according to data from SoSoValue.
The drop comes on the heels of U.S. producer price inflation data easing to 4.7%, below expectations. This led to increased gains in equities and
Ethereum Stake Supply Reaches One-Third, Dampening Native Yield Prospects
The share of Ethereum (ETH) supply staked has risen to 34%, from about 29% at the start of the year. This increase has led to
Fidelity Eyes Staking in Upcoming Ethereum ETF
The entity behind Fidelity’s fourth-largest Ethereum ETF by assets under management (AUM) plans to introduce staking capabilities and quarterly cash distributions for its proposed ETH-backed
Fidelity Ethereum Fund Plans to Add Staking and Quarterly Cash Payouts
Fidelity is planning to add staking and quarterly cash payouts to its $898 million Fidelity Ethereum Fund (FETH), one of the largest spot ether ETFs
Grayscale Withdraws Plans for Three Cardano, Polkadot, and Hedera ETFs
Grayscale Investments has announced its withdrawal of plans to create exchange-traded funds (ETFs) for three digital assets—Cardano’s ADA, Polkadot’s DOT, and Hedera’s HBAR. The company
Sharplink CEO Chalom Opposes Ethereum Improvement Proposal Tapered Issuance Burn
Joseph Chalom, CEO of Sharplink, has expressed opposition to the proposed Ethereum Improvement Proposal (EIP-8363), which aims to reduce the issuance yield for staking rewards.
Crypto Hiders Increasing Positions as Bear Market Enters Final Stage
Large holders of Bitcoin (BTC), Ethereum (ETH), and XRP are boosting their positions despite prices remaining under pressure, according to CryptoQuant. The firm suggests this
Ethereum Researchers Propose ‘Tapered Issuance Burn’ to Reduce Staking Rewards
A group of Ethereum researchers, including Justin Drake, has proposed a draft Ethereum Improvement Proposal (EIP) introducing “tapered issuance burn” to gradually reduce and permanently