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Ethereum ETFs Get Positive August Start Despite Grayscale's $2B in Outflows

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In what is certainly an interesting development, Spot Ethereum ETFs have started August on a positive note, fending off Grayscale’s combined $1 billion worth of outflows. Indeed, the ETh investment offerings posted a net inflow of $26.7 million. That was led by $10 trillion asset manager BlackRock’s ETH offering. The product has not yet had the impact of Bitcoin’s ETF, that began trading in January. Many have looked to Grayscale’s outflow concerns as a major issue for the newly approved ETH ETFs. Yet, some experts believe that issue will begin curtailing in the coming weeks. Source: CNBC Also Read: Ethereum ETF: $26.7 Million Inflow in Crypto Investments BlackRock Leads Ethereum ETF Inflows in Positive Turn The crypto market has seen ETFs dominate discussion this year. Its two top assets have both received the investment vehicle this year, but to differing results. With ETH entering its second week, things are starting to look up. This is despite some worry deriv...

Ethereum ETF: Here's When It Could Officially Launch

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With the US Securities and Exchange Commission (SEC) approving Spot Ethereum ETFs in the United States, all eyes are on when they will go live. Now, several experts have shared their predictions as to when the highly-anticipated investment offering could launch. The crypto-based ETF follows Bitcoin as the second asset to be granted approval in the country. However, the ETH iteration of the product has yet to launch, with the market awaiting that moment. Subsequently, a few prominent crypto voices have given their best estimations on that impending moment and presented a timeline. Also Read: Bitcoin: Michael Saylor Reacts To Ethereum ETF Approval Experts Predict When Spot Ethereum ETF Will Go Live Over the past several months, all eyes have been on the application process for Ethereum ETFs. The market had been awaiting a decision, with the SEC surprisingly switching its stance, and greenlighting the offering this month. However, it has not officially gone live, with th...