The Cboe BZX Exchange has submitted a proposal to enable staking for the 21Shares Core Ethereum ETF. ETH surged over 5.65% following the filing request with the SEC.
The Cboe BZX Exchange has submitted a request to the US Securities and Exchange Commission (SEC) to enable staking for the 21Shares Core Ethereum exchange-traded fund (ETF), according to a Feb. 12 filing. If approved, the ETF would stake its Ethereum (ETH) holdings, allowing investors to earn staking rewards.
Ethereum's market position shows strengthening fundamentals as institutional buyers accumulate positions and network metrics maintain upward trends, with technical analysis suggesting $5,200 as the next major target following the recent establishment of support at $2,680.
Greed is rising, but will fear of a pullback shake out ETH HODLers?
The proposed rule change could potentially make 21Shares the first U.S. spot ETH ETF to offer staking rewards.
According to analyst Ali Martinez, Cardano (ADA) is forming a similar setup to BNB on the 4-hour chart and could soon skyrocket.
The latest rebound pulled the Ethereum price above the demand zone above $2,600. Meanwhile, the fresh sell-off is expected to drag the levels back within the range in a short while. In the items when Bitcoin is struggling to rise above $97,000, Solana above $200, Litecoin above $125 and Cardano above $0.
The amount of $3.3 billion, or 1.2 million in ETH, was taken out of the Beacon Chain, which affected the stability of the network and has certain implications for Ethereum. The removal of staked ETH from the network directly increases the available supply on the network.
REVOX is innovating the AI landscape on BNB Chain with its modular onchain AI network. Discover insights from the recent AMA session highlighting their developments and future plans.
Due to a number of planned advancements in the BNB Chain's 2025 roadmap, BNB has surpassed SOL to become the fifth largest cryptocurrency by market cap.
Cryptocurrencies displayed optimism on Thursday following Bitcoin's swift rebound after yesterday's US CPI-driven dip below $95K. While top alts Ethereum (+3.55%), XRP (+2.30%), and Dogecoin (+2.80%) recorded significant gains in the past day, PancakeSwap dominated trends. CAKE jumped from its $1.92 opening price to a daily high of $3.2 – a 66.67% jump.
Binance Coin (BNB) has experienced strong gains despite a downturn in the broader crypto market.
The Chicago Board Options Exchange (Cboe) has filed a Form 19b-4 with the US Securities and Exchange Commission (SEC) to introduce staking capabilities for the 21Shares Core Ethereum ETF (CETH).
Ethereum (ETH) surged 5.21% on Wednesday, ending the four-day consolidation. As a result of this move, ETH has formed a key support level that could provide the last buying opportunity before a new ATH.
BNB, the native crypto for the BNB chain, has experienced a significant surge in market capitalization, surpassing Solana (SOL).
BNB jumps 15% to $725.50 as MyShell IDO fuels demand, Binance treasury rumors circulate, and a Bump-and-Run Reversal breakout signals a potential rally toward $970.
The Binance season is here! The Binance ecosystem tokens, BinanceCoin (BNB) & Pancakeswap (CAKE), skyrocketed, leaving the major cryptos behind. The BNB price surged above $700 with over a 15% rise and flipped Solana to become the 5th largest crypto after BTC, ETH, XRP, & USDT.
The second-largest cryptocurrency by market capitalization, ETH, is currently seeing a massive jump in its price after being dropped to $2132 due to economic uncertainty. As of now, ETH price has recorded a gain of 5.5% and trading around $2728. This surge has stirred excitement among crypto users questioning the reason behind the surge.
The Cboe BZX Exchange is seeking SEC approval to introduce staking for the 21Shares Core Ethereum exchange-traded fund.
Ethereum prices got a small boost following filings for staked ETH exchange-traded funds in the United States.
Ethereum price action amid the broader crypto market bearish sentiment over recent weeks hasn't been any different from the performance recorded in the past months. Over this period, Ethereum's price has struggled to gain significant upward momentum, remaining in a prolonged consolidation phase.
The Cboe BZX Exchange proposed a rule change to let the 21Shares Core Ethereum ETF stake, marking a breakthrough as US ETH ETFs have so far avoided staking. The post Cboe Submits Proposal to Add Staking Capabilities to 21Shares ETH ETF appeared first on Cryptonews.
The cryptocurrency market displayed strong bullish momentum on Thursday, shrugging off hotter-than-expected US inflation data for January. Bitcoin (BTC) regained ground above $96,000, while Ethereum (ETH), XRP, and Solana (SOL) traded firmly in the green.
Ethereum (ETH), one of the largest cryptocurrencies by market capitalization, has been facing a more tempered outlook for 2025. Predictions for its price range from highly optimistic forecasts from influencers to more conservative estimates from institutional funds.
The crypto prices on Thursday echoed considerable optimism among traders and investors globally, embarking on rising trajectories. Bitcoin (BTC) price pumped to regain a hold above $97K, whereas Ethereum (ETH), XRP, and Solana (SOL) also traded dominantly in the green territory intraday.
Ethereum has been struggling to regain momentum, trading below the critical $2,800 mark since last Thursday. Bulls are in trouble as the price remains trapped under key supply levels, leaving investors concerned about Ethereum's short-term future.
The Cboe BZX Exchange has recently submitted a proposed rule change to the U.S. Securities and Exchange Commission (SEC) to allow staking for the 21Shares Core Ethereum ETF. This request, filed through a Form 19b-4, aims to enable staking for the Ethereum held by the ETF trust.
Ethereum price is moving higher above the $2,600 zone. ETH might gain bullish momentum if it clears the $2,800 resistance zone.
CZ's meme coin exploration could spur increased meme coin activity and innovation on BNB Chain, impacting market dynamics and trends. The post CZ explores creating a meme coin inspired by his dog, hints at BNB Chain interactions appeared first on Crypto Briefing.
The Binance Coin price has surged and is nearing its all-time high as demand for the token jumps. BNB jumped to a high of $720 on Thursday morning, about 10% below its all-time high of near $800.
Ether's price briefly spiked 3.5% on the news that asset manager 21Shares plans to add staking to its spot Ether ETF.
The price of Ethereum has completely pared off its losses in the past 24 hours after 21Shares filed a proposal to offer staking services on spot ETH ETF products. For a coin that traded as low as $2,551.17 in the past 24 hours, it is now changing hands for $2,794.86, up 4.73% at the time
The Cboe BZX Exchange, Inc. has submitted a proposal to enable staking for the 21Shares Core Ethereum exchange-traded fund (ETF).
Binance Coin (BNB), the native token of the world's largest cryptocurrency exchange, has been on an impressive run, posting a 26% increase in just one week. While many altcoins have struggled to find their footing in the volatile crypto market, BNB's resilience stands out.
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Despite increased negative side factors, demand for Ethereum remains high and positions ETH for recovery.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently attracted significant attention after a group of crypto whales purchased 600,000 ETH in just one week. This considerable acquisition raises several questions about what the future holds for Ethereum's price.
Bloomberg Intelligence ETF analyst James Seyffart alluded to the filing being the first ETF to file with the SEC to allow for staking.
PancakeSwap (CAKE) has experienced a remarkable surge of over 100% in the past week, riding on the broader recovery of the BNB ecosystem.
BNB Chain announces a 2025 upgrade with sub-second block times, gasless transactions, and AI-powered tools.
PancakeSwap reached peak volumes in January, extending the heightened activity into the new month. The chain, which lagged during the bear market, is turning into another active hub for meme tokens.
BNB (BNB) has pumped an impressive 10% on Wednesday, as the broader crypto market posts a surprise rebound following the release of hotter-than-expected US inflation data that forced markets to downsize bets on more Fed rate cuts this year. The post BNB Burst Back Above $700 Following 10% Pump – Could It Hit $3,500? appeared first on Cryptonews.
Dogecoin currently boasts a bearish outlook, having dropped below the $0.30 psychological level and is now at risk of losing the $0.20 level. This bearish outlook is further strengthened by a drop in DOGE's social sentiment, mirroring Ethereum, which has also suffered significant price crashes.
Ethereum tokens to the tune of 224,410 were pulled out of exchanges in the last 48 hours, causing a huge wave of withdrawals that have rocked the cryptocurrency scene. According to Santiment data, the massive exodus that took place on February 8 and 9 represents the largest net outflow in almost two years.
Institutional investors are making headlines again. Recent reports reveal that global asset manager BlackRock has been quietly ramping up its crypto exposure. According to a report on CryptoPanic, the asset management company is on a buying spree that now includes Ethereum and a range of altcoins.
The price of Ethereum (ETH) is stabilizing above the $2,500 support level after falling on February 7.
Crypto markets are stabilizing and trending upward after an initial drop following the higher-than-expected COnsumer Price Inflation report. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,166.74 +2.2% Ethereum (CRYPTO: ETH) $2,679.72 +3.4% Solana (CRYPTO: SOL) $193.42 -1% XRP (CRYPTO: XRP) $2.44 +2.7% Dogecoin (CRYPTO: DOGE) $0.2612 +4.6% Shiba Inu (CRYPTO: SHIB) $0.00001680 +8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 3.2% and daily active addresses grew by 2.6%.