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There’s a lot of tech wizardry going on behind the scenes that makes it all possible
Plus, are people still excited about the ETH ETFs?
The Grayscale Ethereum Trust exchange-traded fund conversion removes discounts and lock-in periods, which could prompt investors to sell their shares for cheaper ETFs from issuers like BlackRock and Fidelity, an analyst said.Outflows from the converted Grayscale’s Ethereum Trust could weigh on the price of ether in the initial period after the launch of ETF trading, the analyst added.
Share link:In this post: Grayscale moved $1 billion worth of Ethereum to Coinbase to prepare for the launch of its spot Ethereum ETFs on the NYSE and other platforms. Coinbase will be the custodian for eight of the nine new Ethereum ETFs. Grayscale’s Ethereum ETF has a high management fee of 2.5%, which is much higher than competitors like BlackRock and Fidelity.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information
Kaiko’s latest analysis suggests that Ether’s price will be sensitive to spot ETF inflows, given the low demand for futures products back in late 2023.
- 22:07Bitcoin is undermining the hedging appeal of gold and bondsCoinDesk reports that as Bitcoin is included in more institutional portfolios, the market positions of traditional safe-haven assets such as gold and bonds are being challenged. Data shows that global outflows from gold ETFs reached $8.9 billion in the first quarter of 2025, while net inflows into Bitcoin spot ETFs were $12.6 billion over the same period. Analysts point out that under the backdrop of expected Federal Reserve rate cuts and geopolitical conflicts, Bitcoin's high liquidity and anti-inflation characteristics make it a new generation hedge choice. The yield on 10-year U.S. Treasury bonds has climbed to 4.5%, further weakening the appeal of fixed-income assets.
- 22:05At the request of parents, Lomond, a Scottish boarding school, will accept tuition payments in BitcoinOn April 13, Lomond, a Scottish boarding school, will accept tuition payments in Bitcoin at the request of parents.
- 22:04The TON network currently has 782 million TON stakedAccording to tonscan data, a total of 782 million TONs are currently staked in the TON network. In addition, the current staking APY is 4.6%, and there are 400 verification nodes in the network.