Ethereum (ETH)

A new JPMorgan report says Ethereum has become more centralized due to staking growth after the Merge, also leading to lower yields.

Bitwise Asset Management announces the launch of two Ethereum futures ETFs, providing investors with regulated access to Chicago Mercantile Exchange Ether futures and offering them the opportunity to participate in Ethereum’s growth, while other firms also plan to launch Ether ETFs.

UBS has rolled out its first live pilot of a tokenized money market fund on Ethereum, marking a milestone in exploring asset tokenization.

VanEck will give 10% of its upcoming Ethereum futures ETF profits to Ethereum core developers for 10 years.

US crypto exchange Gemini announced it will cease operations in the Netherlands on November 17th due to regulations imposed by the country’s central bank.

Recent transfers of $8M in ETH from the FTX hack wallet are concerning investors ahead of new Ethereum ETF launches in the US.

Bitwise has announced plans to launch two Ethereum futures ETFs on October 2nd, pending SEC approval. The ETFs will provide exposure to CME Ether futures.

While top cryptos Ethereum and Cardano trade sideways, memecoin Grimace has rapidly climbed 19X since launching in April, sparking predictions it could hit $1000.

Galaxy Digital and Invesco have joined the expanding field applying for an SEC-approved Ethereum spot ETF. This comes as Ethereum futures ETFs prepare to launch.