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ProShares, Volatility Shares and Defiance have filed for funds that would seek to offer leveraged exposure to ETH via futures contract investments
Quick Take VanEck CEO Jan van Eck told CNBC in an interview posted on Tuesday that he expects the VanEck Ethereum ETF to be rejected in May. Weeks before the approvals of spot bitcoin ETFs, documents were frequently filed reflecting changes presumably sought by the SEC. That’s not been the case for spot Ethereum ETFs.
Solana is popular due to its cheap fees, but it’s become a little too popular with a certain crowd
Long-term holder profit taking is tapering off after bitcoin reached its March all-time high above $73,000, according to a Glassnode report.However, the market is in a price discovery phase, where price corrections are historically commonplace, the report added.
- 17:19Markets expect the Fed to cut rates by a further 36 basis points by next DecemberThe US dollar was flat in a liquidity-poor environment. Many traders are still on vacation during the holiday season and there are no important data releases on the U.S. economic data calendar on Friday. The dollar index has risen more than 4% since Nov. 5, when Donald Trump won the presidential election. Trump's proposed policies, including trade tariffs and tax cuts, are expected to push up inflation and limit the Federal Reserve's room to cut interest rates. The market expects the Fed to cut rates a further 36 basis points by December 2025, data show.
- 17:18Open Positions in Bitcoin Contracts Across the Web Fall to $59.018 BillionThe open position in bitcoin futures contracts across the web stood at 625,600 BTC (about $59.018 billion), a 24-hour drop of 4.5 percent, according to data.
- 17:17Moonshot goes online at SwarmNode.ai ($SNAI)Moonshot announced the launch of SwarmNode.ai ($SNAI), with a current market capitalization of $32.4 million and a 24-hour trading volume of $23.1 million. The price of Meme Coin is volatile, so investors are advised to participate with caution.
