Spot Ether ETFs Shed $952M Over 5 Days as Recession Fears Grow
Despite the outflows, ether rose by more than 16% in the past month, driven in part by the passage of the GENIUS Act.
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Despite the outflows, ether rose by more than 16% in the past month, driven in part by the passage of the GENIUS Act.
The purchases, disclosed in recent trade filings, consisted of 387,000 shares of BitMine and 144,000 shares of Bullish, with ARK Innovation ETF (ARKK) leading the way.
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The spot bitcoin ETFs saw $284 millions of inflows over the same period, signaling a stark divergence in investor sentiment.
Crypto money managers warned that without a billion-dollar balance sheet or a clear framework for risk, most Bitcoin treasuries will struggle to stand out.
The chain’s stablecoin-first design aims to handle global payouts, microtransactions, remittances and AI agentic payments, Stripe CEO Patrick Collison said.
The blockchain-based Seturion platform is designed to unify post-trade systems for tokenized assets and reduce settlement costs by up to 90%.
QCP flags governance risk and a softer dollar as tailwinds for hedges like BTC and gold, but Flowdesk’s options desk and Polymarket traders point to ETH as the market’s upside play into September.
The exchange’s card lets users spend digital assets via Mastercard, Apple Pay, and Google Pay, with a 20% cashback incentive scheme this month.
The project is one of over 30 layer-2 networks working to scale Ethereum.