On Friday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) shook things up, recording net inflows of $ 253.54 million. Meanwhile, the nine spot ethereum ETFs had a rougher day, with modest outflows totaling around $ 97,110. Friday’s Crypto ETF Action The spot bitcoin ETFs saw gains, pulling in $ 253.54 million …
Analysts Consider These 2 Chains Might Become Ethereum Killers
ETC Group, a Bitwise-owned London-based fund issuer, examined the possibility of Solana and Aptos becoming the next Ethereum in its latest newsletter. Their analysts revealed that while these two chains have grown and enjoyed momentum, Ethereum is still the overall leader according to ETC Group’s Network Dominance Index. ETC Group Analysts Reinforce Ethereum Market Dominance […]
Uniswap Labs Introduces Scalability-Focused Ethereum L2
Uniswap Labs has announced Unichain, its Ethereum Layer-2 solution aimed at streamlining the user experience for those leveraging its services. The organization specified that Unichain would be built as part of Optimism’s Superchain, designed specifically with decentralized finance in mind. Unichain aims to lower costs by 95% compared to using the Ethereum blockchain and to […]
Bitcoin ETFs Record Another Day of Losses; Ethereum ETFs Stay Neutral
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with the 12 funds seeing outflows totaling $ 30.59 million. In contrast, their spot ethereum ETF counterparts had an uneventful day, with all nine funds neither gaining nor losing value. Wednesday’s Spot Crypto ETF Action On Oct. 9, the 12 U.S. spot …
US Spot Bitcoin and Ethereum ETFs Face Net Losses Amid Volatile Market
Based on the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) ended the day with net losses, while spot ethereum ETFs also experienced a decline. $ 18.66M Flows Out of Bitcoin ETFs as Ethereum Funds Also Falter On Tuesday, the 12 spot bitcoin ETFs saw $ 18.66 million flow out, with a trading …