The Ether whale moved the funds for the first time in eight year with 800x gains as ETH price edged above $2,800.
Ethereum ETF news
The bumper inflow day came despite BlackRock’s leading fund, ETHA, showing a net zero flow.
The ETN will trade on Euronext Amsterdam and Euronext Paris and will be available in 15 countries.
The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.
Grayscale Digital Large Cap Fund could be the first US ETF to hold altcoins such as Solana and AVAX if approved.
Ethereum has struggled to sustain a rally above $2,500 and data suggests that more downside could be on the way for ETH price.
“Just as Amazon evolved beyond books to redefine entire industries, Ethereum may also surprise us with revolutionary use cases that we can’t fully envision today,” one 21Shares executive said.
Ethereum price continues to consolidate, but a fledgling technical pattern hints at an upcoming rally to $2,800.
Gold and silver are halfway into a “decade-long bull market,” and Bitcoin is one narrative catalyst away from rallying to $100,000, according to 1971 Capital CIO Brian Russ.
Flow Traders will buy a stake in Wormhole and facilitate cross-chain crypto swaps.