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According to BlockBeats, on December 14, Ryan Sean Adams, co-founder of Bankless, shared his views on social media regarding Ethereum's potential to become a reserve asset. Adams expressed optimism about Ethereum's future role in the financial ecosystem, suggesting that it could serve as a viable reserve asset. Adams' comments come amid ongoing discussions in the cryptocurrency community about the evolving role of digital assets in global finance. Ethereum, known for its smart contract capabilities and decentralized applications, has been gaining traction as a significant player in the crypto space. The idea of Ethereum as a reserve asset aligns with broader trends of digital currencies being considered for more traditional financial roles. The concept of cryptocurrencies serving as reserve assets is not new, but Ethereum's unique features and growing adoption make it a strong candidate for such a role. As the crypto market continues to mature, discussions like these highlight the potential shifts in how digital assets are perceived and utilized in the global economy.

On Dec 14, 2024, 10:04 AM(UTC). According to Binance Market Data, Ethereum has dropped below 3,900 USDT and is now trading at 3,899.919922 USDT, with a narrowed narrowed 0.20% increase in 24 hours.

According to PANews, recent data from SoSoValue indicates that Ethereum spot ETFs experienced a total net inflow of $23.6072 million on December 13, Eastern Time. Among these, the Grayscale Ethereum Trust ETF (ETHE) recorded a single-day net inflow of $7.2362 million. Despite this, ETHE has a historical net outflow of $3.517 billion. Meanwhile, the Grayscale Ethereum Mini Trust ETF saw no net inflow or outflow on the same day, maintaining its historical total net inflow at $604 million. The BlackRock ETF ETHA led the daily net inflows for Ethereum spot ETFs, with $9.5069 million, bringing its historical total net inflow to $3.199 billion. Following ETHA, the Grayscale ETF ETHE had the second-highest daily net inflow. As of the latest update, the total net asset value of Ethereum spot ETFs stands at $13.783 billion, with an ETF net asset ratio of 2.92% relative to Ethereum's total market capitalization. The cumulative historical net inflow for these ETFs has reached $2.265 billion.

On Dec 14, 2024, 00:54 AM(UTC). According to Binance Market Data, Ethereum has dropped below 3,900 USDT and is now trading at 3,897.790039 USDT, with a narrowed 0.01% decrease in 24 hours.

On Dec 13, 2024, 15:53 PM(UTC). According to Binance Market Data, Ethereum has dropped below 3,900 USDT and is now trading at 3,887.51001 USDT, with a narrowed 1.67% decrease in 24 hours.

According to BlockBeats, recent data from Polymarket indicates a significant probability that Ethereum will not achieve a new all-time high this year. The prediction market shows an 81% likelihood of Ethereum failing to surpass its previous peak. As of the latest update, a total of $9,645,951 has been invested in this prediction. This substantial amount reflects the market sentiment and the confidence of participants in the forecast. The prediction market serves as a platform where users can speculate on the outcome of various events, and the current sentiment suggests a strong belief that Ethereum's price will remain below its historical highs for the remainder of the year. This prediction comes amid a volatile period for cryptocurrencies, with market dynamics influenced by various factors including regulatory developments, macroeconomic conditions, and technological advancements within the blockchain space. The high probability assigned to Ethereum not reaching a new high underscores the cautious outlook of investors and traders in the current market environment.

At the recent ETFs in Depth conference, leading industry voices from BlackRock and Tidal shared insights into the growing dominance of Bitcoin and Ethereum within the ETF landscape.Jay Jacobs, Head of Thematic and Active Equity ETFs at BlackRock, emphasized the untapped potential of flagship cryptocurrency assets. "We’re really just at the tip of the iceberg with Bitcoin and especially Ethereum," Jacobs noted. "Just a tiny fraction of our clients own [$IBIT and $ETHA], so that’s what we’re focused on—versus launching new altcoin ETFs."Mike Venuto, Chief Investment Officer at Tidal, shed light on the constant demand for innovative ETF strategies involving Bitcoin. "We have people coming to us all the time trying to pitch 'Bitcoin + something else' ETFs," he remarked, reflecting the overwhelming market interest in expanding crypto-centric investment options.Venuto also predicted a broader integration of crypto with traditional market giants in ETFs. "Every options strategy you can think of is going to be tied to Bitcoin, Nvidia, Tesla, and MicroStrategy in ETFs. It’s coming," he said, underscoring the synergy between crypto assets and high-growth technology companies.As institutional interest surges and crypto ETFs gain traction, these remarks highlight the strategic focus on Bitcoin and Ethereum as cornerstone assets in the evolving financial landscape.

According to Binance Market Data, Ethereum (ETH) dropped below 3,900 USDT and is now trading at 3,899.610107 USDT, with a 0.76% decrease in 24 hours.

According to PANews, recent data from SoSoValue indicates that on December 12, Ethereum spot ETFs experienced a total net inflow of $274 million. This development highlights the growing interest and investment in Ethereum-related financial products.On the same day, Grayscale's Ethereum Trust ETF (ETHE) recorded a net outflow of $22.83 million, bringing its historical net outflow to $3.524 billion. In contrast, Grayscale's Ethereum Mini Trust ETF (ETH) saw a net inflow of $73.22 million, with its historical total net inflow reaching $604 million. The largest single-day net inflow among Ethereum spot ETFs was observed in BlackRock's ETF ETHA, which attracted $202 million, pushing its historical total net inflow to $3.19 billion. Grayscale's ETF ETH followed with a net inflow of $73.22 million, contributing to its historical total net inflow of $604 million.As of the latest report, the total net asset value of Ethereum spot ETFs stands at $13.634 billion. The net asset ratio, which compares the market value to Ethereum's total market capitalization, is at 2.91%. The cumulative historical net inflow for Ethereum spot ETFs has reached $2.241 billion, reflecting the sustained interest and investment in these financial instruments.

According to Cointelegraph, the Eigen Foundation has announced its decision to allocate 1% of the EIGEN token supply to the Protocol Guild. This group consists of core developers who are responsible for maintaining the Ethereum layer-1 blockchain. The funds are intended to support the ongoing efforts of the Protocol Guild, which currently includes 180 members from 29 different teams.EigenLayer, a restaking protocol on Ethereum, allows Staked Ether (stETH) and other assets to be repurposed and staked multiple times. This mechanism provides investors with additional yield opportunities while enabling other protocols to leverage Ethereum’s security. EigenLayer's role has made it a significant part of the Ethereum network’s infrastructure, garnering both praise and concern from the Ethereum community.Restaking has been highlighted as a method to introduce fresh capital into the crypto space, with the potential to create a new asset class. It serves as an outsourced form of security for blockchain protocols and decentralized applications, allowing protocols to use restaked assets for network security. This approach reduces the need for protocols to launch their own tokens, thereby lowering the barrier to entry for developers and decentralized applications.Data from DefiLlama indicates that restaking protocols currently hold approximately $26.9 billion in total value locked (TVL), with EigenLayer accounting for the majority at around $18.2 billion. The popularity of EigenLayer has propelled the EIGEN token into the top 100 cryptocurrencies by market capitalization in October. However, it has since fallen to rank 108.In November, EigenLayer expanded its restaking options to include Wrapped Bitcoin products, allowing users to deposit uniBTC to the ARPA Network, a protocol built on EigenLayer, in exchange for a yield. December data from DefiLlama shows that the total value locked across the decentralized finance ecosystem is approaching the highs seen in 2021. This increase in total value locked is partly due to liquid restaking products and the growth of wrapped Bitcoin instruments.

According to Odaily, BlackRock's U.S. Thematic and Active ETF Head, Jay Jacobs, emphasized the company's current focus on Bitcoin and Ethereum during the 'ETFs in Depth' conference. Jacobs noted that their exploration into these cryptocurrencies is just beginning, describing it as 'the tip of the iceberg.' He highlighted that only a small number of clients currently hold Bitcoin (IBIT) and Ethereum (ETHA) ETFs, which is why the company is concentrating on these areas rather than launching new altcoin ETFs.

According to Odaily, Andrew Kang, a partner at Mechanism Capital, recently shared insights on X regarding the evolving perception of Ethereum (ETH) and its trading pair ETHBTC. Kang noted that while there was a previous belief that ETH and ETHBTC were excessively hyped during the launch of the ETH ETF, recent developments have shifted this perspective. Kang highlighted several factors contributing to the improved outlook for Ethereum. One significant development is the use of profits obtained by former President Trump from WLFI to purchase ETH. This move has sparked interest and confidence in the cryptocurrency. Additionally, the nomination of new chairpersons for the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), who are supportive of ETH and decentralized finance (DeFi), has further bolstered the sentiment around Ethereum. Moreover, the initial hype surrounding the ETH ETF has subsided, allowing for a more stable and realistic assessment of the token's potential. These combined factors have led to a more favorable view of Ethereum, suggesting that it may not be as overvalued as previously thought. The evolving regulatory landscape and strategic investments are playing a crucial role in shaping the future of Ethereum and its associated markets.

According to Binance Market Data, Ethereum (ETH) crossed the 3,900 USDT benchmark and is now trading at 3,907.800049 USDT, with a 6.81% increase in 24 hours.

According to BlockBeats, recent monitoring data from Farside indicates notable net inflows for Ethereum and related assets. On December 11, Ethereum (ETH) experienced a net inflow of $5.6 million. Grayscale Ethereum Trust (ETHE) saw a net inflow of $13.4 million, while EthereumPoW (ETHW) recorded a net inflow of $8.2 million. Additionally, EZET reported a net inflow of $2.9 million.However, the Grayscale Ethereum Trust (ETHE) also experienced a net outflow of $2.3 million. These figures highlight the dynamic movement of funds within the Ethereum ecosystem and related investment products. The data reflects investor interest and activity in Ethereum and its derivatives, suggesting a continued engagement with these digital assets. The inflows and outflows provide insights into market trends and investor sentiment towards Ethereum and its associated products.

According to Binance Market Data, Ethereum (ETH) dropped below 3,800 USDT and is now trading at 3,798.360107 USDT, with a 6.28% increase in 24 hours.

According to Odaily, recent monitoring by Arkham has revealed that BlackRock and Fidelity have collectively purchased Ethereum (ETH) worth over $500 million in the past 48 hours. This significant acquisition highlights the growing interest and investment in cryptocurrency by major financial institutions. The move by these two financial giants underscores the increasing acceptance and integration of digital assets into traditional financial portfolios. As Ethereum continues to be a leading cryptocurrency, its appeal to institutional investors is evident, reflecting broader trends in the financial markets. This substantial purchase may influence market dynamics and investor sentiment, potentially impacting Ethereum's valuation and market position. The acquisition by BlackRock and Fidelity is part of a larger trend where traditional financial entities are increasingly engaging with cryptocurrencies. This trend is driven by the potential for high returns and the diversification benefits that digital assets offer. As the cryptocurrency market evolves, the involvement of established financial institutions is likely to play a crucial role in shaping its future trajectory.

On Dec 11, 2024, 15:24 PM(UTC). According to Binance Market Data, Ethereum has crossed the 3,800 USDT benchmark and is now trading at 3,803.889893 USDT, with a narrowed 4.49% increase in 24 hours.

According to Binance Market Data, Ethereum (ETH) crossed the 3,700 USDT benchmark and is now trading at 3,700.02002 USDT, with a 0.73% decrease in 24 hours.

According to Binance Market Data, Ethereum (ETH) dropped below 3,600 USDT and is now trading at 3,595.810059 USDT, with a 4.39% decrease in 24 hours.