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At this rate, Grayscale's ETHE could run out of ether within weeks

The article discusses the mixed performance of U.S. spot Ethereum ETFs, focusing on significant net inflows and outflows, particularly concerning Grayscale's ETHE amid broader market corrections.

theblock.co • 26/07/2024 - 12:02 PM

Michael Novogratz's Galaxy secures $113 million for crypto-focused venture fund

Galaxy Asset Management raised $113 million for Galaxy Ventures, targeting early-stage crypto investments and aiming for a total of $150 million by next year.

theblock.co • 25/07/2024 - 12:13 PM

Cathie Wood's Ark Invest sells $7.8 million of its own spot Bitcoin ETF

Ark Invest sold $7.76 million in ARKB Bitcoin ETF shares, marking its first sale since January, maintaining portfolio diversification amid fluctuating market conditions.

theblock.co • 25/07/2024 - 09:57 AM

Bitwise discloses ENS addresses for spot Ethereum ETF holdings

Bitwise's ETHW, the first U.S. spot Ethereum ETF, launches with published wallet addresses and ENS subnames for transparency, aiming to verify holdings and support developers.

theblock.co • 23/07/2024 - 13:26 PM

Bitcoin Layer 2 Bitlayer reaches $300 million valuation with new funding from Franklin Templeton and others

Bitlayer Labs has raised $11 million in a Series A funding round co-led by Franklin Templeton Digital Assets and ABCDE. The round brought the Bitcoin Layer 2 developer’s valuation to $300 million.

theblock.co • 23/07/2024 - 12:00 PM

Bitwise to donate 10% of spot Ethereum ETF profits to open-source developers

Bitwise launches ETHW ETF with 10% profit donation to Ethereum developers, receiving SEC approval for trading. Predictions estimate significant impact on Ether's market and investment inflows.

theblock.co • 23/07/2024 - 10:25 AM