Lily
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The spot Ethereum ETF officially opened for trading in the United States on Tuesday, which could bring the world's second-largest cryptocurrency into the investment tools of many professional investors and advisors, marking another step in the increasing integration of digital assets into mainstream finance.
After the spot Ethereum ETF started trading, the Ethereum price slightly fell, but quickly regained most of the lost ground.
Haseeb Qureshi, Managing Partner of Dragonfly, pointed out that the opening trading volume of spot Ethereum ETFs has shown strong performance, but the price of Ethereum has not yet changed significantly. It can be speculated that this is because the grayscale ETFs are mainly selling, which will offset a lot of the inflow of funds on the first day.
Ethereum is the native cryptocurrency on the Ethereum blockchain. Compared to Bitcoin, which is often regarded as digital gold, investing in Ethereum is seen more as a bet on the growth of blockchain and broader cryptocurrencies. 1 reply
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2024 Travel Must-See List:
👍 Beijing: Forbidden City, Mao Memorial, Great Wall, China Museum
👍 Suzhou: Humble Administrator's Garden, Pingjiang Road, Jinji Lake
🏝️ Shanghai: Disney (3 visits), Shanghai Tower, Oriental Pearl
🏖️ Nanjing: Niushou Mountain, Presidential Palace, Confucius Temple
🕶️ Hangzhou: Lingyin Temple, West Lake, Qiantang River Night View
🐼 Chengdu: Wenshu Monastery, Chunxi Road, Wide and Narrow Alleys
And more amazing spots across China! 0 reply
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