Ether ETFs fail to spark interest in disappointing debut week
Six eagerly-awaited ETFs offering exposure to ether futures contracts attracted less than $10 million during their first week of trading.
Six eagerly-awaited ETFs offering exposure to ether futures contracts attracted less than $10 million during their first week of trading.
Ethereum centralization continues since the Merge to proof-of-stake consensus. Liquid staking and layer 2s are just two of those drivers.
Since Shanghai activated in April, Ethereum’s market capitalization, daily transactions, active addresses, and TVL have all declined.
Fenix International, the parent company for OnlyFans, has detailed an $8 million loss on its investment into ether.
Ethereum has numerous links to China, including a director who built Chinese-language apps and a translation of its whitepaper into Mandarin.