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Chervinsky highlights SEC’s challenge: political pressure and market instability may sway decisions on Ethereum ETFs.
Quick Take Over 31.5 million ether, currently valued at $115 billion, is staked on Ethereum. The amount ether staked exceeds 26% of Ethereum’s supply.
Bitcoin is currently priced at $68,300, a mere 1% off its all-time high of $69,000.
Ethereum ETFs will likely generate far less interest than Bitcoin’s did, one analyst argues.
The delay was expected, putting a May decision on potential ETH ETFs in focus
As bitcoin ETFs grow larger and more liquid, due diligence teams at wirehouses and other investment firms are more likely to clear them, Bitwise researcher says
- 10:47Lido V3 market on Aave reaches $1 billionThe Lido V3 market on Aave is $1 billion, Lido said in a post on the X platform.
- 10:44RootsData Top 50 Project Ranking Spike: Comet Protocol Ranks #1, PawX Ranks #2According to the RootsData Project Ranking Spike List, as of 17:30 on October 30th, Comet Protocol is in first place with a 959 rank change, PawX is in second place with an 808 rank increase, and Morkie is in third place with a 799 rank increase. Comet is the interconnected communication protocol between all Bitcoin and Ether ecosystems and is designed to provide secure, fast, reliable and inexpensive cryptocurrency transfers.
- 10:27Kaiko: Japan Election Sparks Yen Volatility, BTC-JPY's 90-Day Realized Volatility Surpasses BTC-USD for First Time Since 2022According to Kaiko, the market expected volatility after the U.S. election, but last week's Japanese election drove up volatility in the Japanese yen. For the first time since 2022, BTC-JPY's 90-day realized volatility surpassed that of BTC-USD.
