TLDR Coinbase’s Ethereum Layer 2 network, Base, generated over $6 million in on-chain profits in May, outperforming competitors like Blast and Optimism. Base’s total value locked (TVL) has seen significant growth, nearly sextupling from $1.3 […]
TLDR BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund paid out nearly $1.7 million in monthly dividends to its holders on Ethereum, a 38% increase from the previous month. Ondo Finance’s crypto wallet, labeled as “OUSD […]
TLDR Matter Labs, the developer of zkSync, applied to trademark the term “ZK” (short for “zero-knowledge”) in February 2024. The move faced strong opposition from industry leaders and competitors, who argued that ZK technology should […]
TLDR ARK Invest has ended its partnership with 21Shares for the proposed spot Ethereum ETF. The fund has been rebranded from Ark 21Shares Ethereum ETF to 21Shares Core Ethereum ETF. ARK Invest and 21Shares will […]
Franklin Templeton files amended S-1 for spot Ethereum ETF with 0.19% fee. SEC requires all spot Ethereum ETF issuers to file amended S-1 forms by Friday. Franklin Templeton’s spot Bitcoin ETF also charges a 0.19% […]
TLDR Vanguard has confirmed that it will not offer spot Ethereum ETFs on its platform, despite the SEC’s approval of such products. The firm maintains its stance that cryptocurrency products do not align with its […]
Hashdex withdraws ether ETF application after SEC approval of similar products. Hashdex’s Ethereum ETF application combined spot Ether with futures contracts. The withdrawal decision raises questions amid evolving regulatory landscape and market dynamics. According to […]
Michael Saylor, the founder and executive chairman of MicroStrategy, has recently expressed a change in his stance regarding spot Ethereum exchange-traded funds (ETFs). In a recent interview with Bitcoin podcaster Peter McCormack, Saylor stated that […]
Ethereum, the second-largest cryptocurrency by market capitalization, has been on a tear in recent weeks, with its price surging over 27% and breaking out of a falling wedge chart formation. This breakout has caught the […]
In a landmark decision, the US Securities and Exchange Commission (SEC) has approved the launch of spot Ethereum exchange-traded funds (ETFs), paving the way for institutional investors to gain direct exposure to the world’s second-largest […]
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