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Spot Ethereum ETFs $100M Debut: BlackRock Leads, Grayscale Bleeds
Spot Ethereum ETFs $100M Debut: BlackRock Leads, Grayscale Bleeds

As expected, there has been a huge exodus from the newly converted Grayscale spot Ethereum exchange-traded fund on its first day of trading.

Cryptopotato·2024/07/24 06:58
Bitcoin slumps, ether flat as market digests ETH ETF launch
Bitcoin slumps, ether flat as market digests ETH ETF launch

Bitcoin’s down Tuesday, while ETH-correlated assets like ENS and ARB see growth

Blockworks·2024/07/24 06:49
Flash
18:19
According to market sources, some U.S. officials disclosed that since reaching a ceasefire agreement with Iran on April 8, approximately 1,000 vessels of various types have successfully passed through the Strait of Hormuz.
As one of the world’s busiest oil shipping routes, the navigation situation in the Strait of Hormuz has always been closely linked to the stability of global energy supply. The orderly resumption of passage through the Strait following this ceasefire provides important guarantees for regional trade and the security of energy transportation.
18:11
Besenet used the same inflation language that previously caused trouble for former Yellen.
"Aside from inflation—I believe this is just a short-term fluctuation—economic data is very strong," Besant said. This is the latest instance of this Treasury official characterizing the surge in prices since the outbreak of the Iran war as a "one-off shock."
18:08
London Metal Exchange (LME) base metals futures closed with mixed movements.
From the perspective of specific varieties, LME aluminum closed down 0.74%, at $3,670/ton; LME copper performed relatively strongly, closing up 0.96% at $13,918/ton; LME nickel closed down 0.96% at $18,640/ton; LME lead was slightly down 0.25% at $2,015.5/ton; LME tin led the declines, closing down 2.24% at $55,950/ton; LME zinc edged down 0.18%, at $3,597/ton.
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