Ethereum ETFs havenāt come close to matching the Bitcoin hype from earlier this year, but thereās some good news: The U.S. funds are finally catching on.
After Donald Trumpās election win, spot Ethereum ETFs in the U.S. collectively notched six straight days of inflows for the first time, adding nearly $800 million during that span. That surge finally flipped the all-time ETH ETF flows to positive, which remains true despite two days of modest outflows to finish the week.
Analysts told Decrypt that the launch in July was marred by āawkwardā market timing, not to mention sizable outflows from Grayscaleās converted fund. But now with Trump set to take power, investors are upbeat about gaining regulatory clarity for crypto, plus thereās a willingness to explore ETFs based on assets other than Bitcoin.
āThe optimism has come back in full force,ā said 21Shares Research Analyst Matt Mena.
Ethereum ETFs Are Thriving Amid 'Overdue Excitement' and Rising Optimism: Analysts
While Ethereumās Wall Street debut got off to a rocky start, analysts say thereās been a shift in ETF momentum following Election Day.
Bitcoin Strategic Reserve Could Happen. Why Not Dogecoin, Says Co-Founder
Dogecoin co-creator Billy Markus floated the idea of a U.S. DOGE strategic reserve amid its latest boom. Could it follow Bitcoin's lead?
Mobile Crypto Apps Are Climbing the Charts as Bitcoin Blasts Off
Bitcoin's recent spike to a new all-time high price has lifted the entire marketāand mobile crypto apps on iOS and Android are surging too.
Floki Pumps to Five-Month High Price on Coinbase Listing Plans as Dogecoin Dips
Ethereum meme coin Floki spiked Friday after Coinbase announced plans to list it, outpacing Dogecoin in terms of daily gains.
Maplestory Universe Begins 2nd Pioneer Test With Exclusive Events and Rewards
What is MapleStory Universe?
MapleStory Universe is a virtual world ecosystem designed to host a variety of applications built on the backbone of the legendary MapleStory IP. It serves as a hub for creativity, collaboration, and community engagement, supported by integral components that form a comprehensive ecosystem.
The MapleStory IP boasts over 250 million+ registered users globally. With its varying content and extensive resource pool from 21 years of live operations, MapleStory Universe is building a robust ecosystem filled with items that can be NFT-ized and strong community features. As a franchise with $5B+ USD in lifetime revenue, itās ideal for blockchain integration.
The First-Ever Open Beta, The 2nd Pioneer Test Is Just Around the Corner
The 2nd Pioneer Test Begins November 20, Running for 10 Days to Ensure Ecosystem Stability
Exclusive Events Offer Rewards Equivalent to 5 Million NXPC
š®ļø GG: āSuper Doginalsā: Drop Everything and Play This Goofy Brawler on Dogecoin
This free Doge-themed beat-āem-up inscribed on Dogecoin is well madeāand offers a welcome break from crypto market madness.
š¤ EMERGE: Need Help Creating Good AI Prompts? Try Decryptās āPrompt Improverā
We built 'Promptly,' a free tool to help you write better prompts for AI, enhancing queries to provide more accurate results. Youāre welcome.
šļø SCENE: CryptoPunk Prices Surge as Bitcoin Gains Help Pump NFT Market
NFTs are back? Well, CryptoPunks areāthe Ethereum project has jumped back to a minimum price above $100,000 as crypto markets spike.
š Dive Deeper
š¹ļø WATCH: Improbable 'Reluctantly' Entered Infrastructure Space With Somnia Layer-1: CEO
Herman Narula, CEO of gaming technology startup Improbable, joined Decrypt's Stephen Graves at Web Summit to talk about its new Somnia layer-1 blockchain, the roadmap for Bored Ape metaverse Otherside, and crypto's “resurgence” following the U.S. election.
šļø LEARN: You Can Play Games Like 'Doom' on Bitcoin and DogecoināHereās What That Means
Legendary games like Pac-Man and Tetris are running on Bitcoin and beyond, but what does that even mean? Hereās what you need to know.
