VanEck Will Shutter Ethereum Futures ETF as Spot Funds Struggle
The firm will liquidate its futures investment product two months after launching its spot Ethereum ETF.
Ripple Labs Co-Founder Chris Larsen Backs Kamala Harris
The news follows the firm’s CEO Brad Garlinghouse urging Harris to take an open-minded approach to crypto regulation.
Ethereum ETF Demand Might Look Weak But Bitcoin Comparison Isn’t Fair: JP Morgan
While spot Ethereum ETFs have so far seen significant outflows, JP Morgan analysts highlight why a Bitcoin comparison is "apples to oranges."
Vaneck Reveals Plans to Close Ethereum Futures ETF
On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest.…
Russia to Prioritize Supplying Energy for Social Development Over Bitcoin Mining
Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy. Energy Minister Sergei Tsivilev stressed that if there is a surplus…
Ethereum Underperforms Bitcoin 2 Years After The Merge, According to Cryptoquant Data
Ethereum has underperformed bitcoin by 44% since The Merge, according to research from Cryptoquant. Despite significant upgrades and the recent approval of ethereum spot exchange-traded funds (ETFs), the cryptocurrency continues…
Crypto Economy Falls to $1.91T, 34 Coins Hit Hard With Double-Digit Declines
While bitcoin has dropped 7.6% over the past week and ether has slid 7.98%, many other assets have faced notable declines. The Tron-based SUN token took the hardest hit, plunging…
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