Here's the volume after the first 15 minutes of#ETHETF trading: $112 million total traded! That's actually a lot, for example it's already half the volume of the#BTCETF on the first day!
Today is the day the ETH ETF goes live. A recent study by Citigroup bank estimates that an Ethereum ETF will attract cash flows of 4.7 to 5.4 billion USD in the first 6 months of operation. This amount is 70% lower than the $16.1 billion in cash flow that the Bitcoin ETF generated in the first half year of trading. But this promises to bring a “Big Bang” to the second largest cryptocurrency in the world.
⚡️⚡️ BTC ETF, Grayscale officially launched Grayscale Decentralized AI Fund LLC, with initial investments including: TAO 2.92%, FIL 30.59% LPT 8.64% NEAR 32.99% RNDR 24.86% Grayscale identifies this as a decentralized blockchain-based AI protocol that can help minimize the risks that arise as AI technology advances rapidly.
21Shares has filed the FINAL S-1 for their Ethereum ETF in preparation for trading next Tuesday. The fee is 0.21%/year and the trading code is CETH.
- German law enforcement officially announced that they had sold 49,173 Bitcoins for an "unprecedented" amount of 2.88 billion dollars (2.639 billion euros) - This is the largest Bitcoin emergency sale ever. - The amount of Bitcoin sold was confiscated from criminal cases related to drugs, money laundering and the darknet. - Banks are tasked with selling Bitcoin in a way that is "fair and gentle towards the market".
What do you think about this letter from the German government?
Today, the German Government transferred 16,038.7 BTC ($915.3 million) to exchanges and market makers. 5,550 BTC to Coinbase, Bitstamp, Kraken, 1,205 BTC to unknown wallet, 134 BTC to Cumberland market maker wallet, 4,200 BTC to Flow Traders market maker, 1,700 BTC to B2C2 market maker,.... They transferred a total of 26,071 BTC ( 1527 .9 million USD) since they started selling coins on June 19 and currently have 23,788 BTC (1.32 billion USD) remaining in the wallet
The Ethereum burn address, known as 0x0000000000000000000000000000000000000000, is a unique address designed to permanently remove Ether (ETH) tokens from circulation. Tokens sent to this address will be lost forever, as they do not have a corresponding private key.
Burning ETH has various purposes: 1. Reducing Circulating Supply: By removing tokens from circulation, burning creates deflationary pressure, potentially increasing the value of ETH. 2. Stabilize Transaction Fees: A portion of transaction fees is burned on each transaction, helping to stabilize and manage the fee structure.
To view Ethereum burning addresses and their transaction history, you can use a blockchain explorer such as Etherscan. How to: Open Etherscan Open the Etherscan website in your web browser then search for the address. Enter the burn address in the search field then click search and see details, you will be able to see the balance and history of burned tokens.