Ether ETF Fee Race Begins as Invesco Reveals 0.25% Charge, Slightly Higher Than VanEck
Spot ether ETF issuers have started revealing their management fees on their proposed products. (Joseph Sohm/Shutterstock)
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Spot ether ETF issuers have started revealing their management fees on their proposed products. (Joseph Sohm/Shutterstock)
Traders on the crypto-based prediction market now see a 29% chance that the Ohio Republican will be former President Trump’s running mate, up from 14% a week ago.
Bitcoin’s price briefly declined to $55,000 following the blockchain transactions.
FIL and LINK emerged as top performers, driving the CoinDesk 20 index higher by 3.2%.
The latest price moves in bitcoin (BTC) and crypto markets in context for July 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Returning to their screens following the July 4 break, U.S. traders were confronted with prices that had plunged roughly 10% from pre-holiday levels.
The president’s chances of reelection remain 12% and his probability of dropping out stayed at 63%, according to traders on the crypto-based prediction market platform.
The widely-followed sentiment metric hit extreme greed levels earlier in March near the local top of the crypto market, but now is pushing its limits in the opposite direction.
The CoinDesk 20 Index dropped by 5.7% today, with every asset posting losses and LTC and ATOM leading the declines.
Before this morning’s jobs report, market participants put nearly 70% probability of lower rates in September, according to the CME FedWatch Tool.