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VIKAS JANGRA
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BREAKING ♨️ BlackRock CEO Talks About Staking Feature in Ethereum ETFs According to the latest development, BlackRock CEO Larry Fink said that adding the staking feature to Ethereum Spot ETFs is “not on the agenda.” Eight newly approved spot Ethereum (ETH) ETFs made a strong debut this week despite lacking staking income, a key feature of Ethereum's native token. Grayscale Ethereum Trust (ETHE), which has existed in non-ETF form for years but was newly converted to an ETF, saw outflows of approximately $811 million. However, new products like BlackRock saw nearly $800 million deposited in the first two days. Issuers expressed satisfaction with these early results. With a new administration taking office in January, the landscape can change quickly and issuers remain hopeful that staking may eventually become part of their products. *This is not investment advice. #ETH #BlackRocks
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Sei Price At A Critical Zone: Breakout Or Breakdown Ahead ♨️❔ 🚀 SEI Token Update 📈 Recently, SEI has shown impressive recovery momentum, with a notable 31% gain last week and an additional 13% this week, marking a strong comeback from recent lows. At present, SEI hovers near a crucial zone, signaling a pivotal moment for its price trend. 🔓 Unlocking SEI Tokens: SEI, tailored for decentralized exchanges (DEXs), is unlocking tokens progressively. With 31.75% of tokens now unlocked, upcoming releases include 220.16 million SEI on August 15th, impacting foundation, ecosystem reserves, and more. 💡 Market Insights: SEI boasts a market cap nearing $1.19 billion and ranks 68th in crypto markets. Open interest contracts have surged nearly 100%, indicating heightened investor interest and potential demand spikes. 📉 Technical Outlook: While recent data favor bullish trends, SEI faces a critical test near current levels. Traders watch the $0.45 resistance; surpassing it could signal a bullish reversal. Conversely, dropping below $0.35 might lead to further declines. Stay informed on SEI's pivotal movements and market dynamics as it navigates crucial price levels. 📊💬 #Crypto2024 #sei #SEIUSDT
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Why is Grayscale dumping ETH? Higher fees Grayscale has fees 10 times higher than other ETF issuers, causing investors to withdraw their funds Investor rotation Investors are moving their money to other L1s, such as Solana, leading to a decrease in ETH investment Staking limitations ETH ETFs do not allow staking, prompting investors to pull out their money Similar situation to GBTC Grayscale's ETH ETF outflow magnitude is much bigger than GBTC's, with a potential depletion of ETH funds in 5 weeks Additional information - Grayscale Ethereum Trust (ETHE) had a net outflow of over $327 million on Wednesday, taking the total since inception to $800 million - Most other ETH ETFs continued to have inflows during the Wednesday session, with BlackRock's ETHA leading the pack with $283.9 million - Ether (ETH) is down over 7.5% in the first hours of East Asia's business day, trading above $3,100 #grayscale #ETFEthereum #ETH🔥🔥🔥🔥 #ETH
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Future Trading karne se pahle yah baten acche se samajhne jaruri hai!♨️💲♨️💲
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