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Quick Take Over 31.5 million ether, currently valued at $115 billion, is staked on Ethereum. The amount ether staked exceeds 26% of Ethereum’s supply.
Bitcoin is currently priced at $68,300, a mere 1% off its all-time high of $69,000.
Ethereum ETFs will likely generate far less interest than Bitcoin’s did, one analyst argues.
The delay was expected, putting a May decision on potential ETH ETFs in focus
As bitcoin ETFs grow larger and more liquid, due diligence teams at wirehouses and other investment firms are more likely to clear them, Bitwise researcher says
Quick Take The SEC delayed making a decision and asked for public comment for two proposed spot Ethereum ETFs from Fidelity and BlackRock. The agency asked specifically about whether Ethereum’s proof of stake mechanism raised ” unique concerns about ether’s susceptibility to fraud and manipulation.”