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news-imageOctober 14, 2024

Monochrome Launches ‘World's First' Ethereum ETF With In-Kind Redemption

Despite the poor demand for the spot Ethereum ETF in the first three months following the US launch, Australia's Monochrome Asset Management is preparing for a similar launch in the home country. Interestingly, the Monochrome Ethereum ETF comes with a twist that could revive the demand for the investment product.
Publisher: Coingape
Sentiment: Positive
ETH

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Negative
cover-imageNewsBTC
October 14, 2024

Bad Decisions By Ethereum Foundation Hurt ETH Price, Hedge Fund CIO Says

Zaheer Ebtikar, the Chief Investment Officer (CIO) and founder of Split Capital—a hedge fund specializing in liquid token investments—has attributed the Ethereum underperformance over the last months to strategic missteps by the Ethereum Foundation and structural shifts in crypto capital flows. In an analysis shared via X (formerly Twitter), Ebtikar writes, “Independent of the myriad of (probable) bad decisions that the ETH foundation & co have made there's another structural reason why ETH has traded like a dog this cycle.

Positive
cover-imageCryptoGlobe
October 14, 2024

Uniswap Labs (And Potentially $UNI Holders) Could Capture $368M in Settlement Fees from Ethereum Validators with L2 Blockchain Unichain

Uniswap is preparing to launch its Layer 2 blockchain called Unichain, designed to enhance scalability for decentralized finance (DeFi) applications. Unichain is currently in the testnet phase and aims to address the high transaction costs and slow speeds commonly associated with DeFi operations on Ethereum.

Positive
cover-imageUToday
October 13, 2024

Vitalik Buterin Announces Fundamental Ethereum Change

By highlighting the necessity of an all-encompassing strategy for ecosystem unity, Ethereum co-founder Vitalik Buterin has once again set the tone for the network's future. Buterin emphasized the significance of creating an atmosphere where the Ethereum community feels united.

Positive
cover-imageBitcoinist
October 12, 2024

BlackRock Is Selling Bitcoin To Buy Ethereum, Will This Bullishness Trigger Another Altcoin Season?

New reports have revealed that BlackRock, the world's largest asset manager and American multinational investment company, is now selling Bitcoin (BTC) to buy Ethereum (ETH). Many market watchers propose that this unexpected investment change could trigger a bullish rally for Ethereum, potentially catalyzing another altcoin season.

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