Planet Daily | L'ETF Ethereum spot américain commence officiellement à être négocié ; Grayscale pourrait répéter le phénomène de dumping du précédent
Titres
Spot Ethereum ETF has started trading, BlackRock ETHA is currently trading at $26.33 per share
Spot Ethereum ETF has started trading, including:
1. The fee of BlackRocks spot Ethereum ETF is 0.25% (0.12% for the first $250 million), the code is ETHA, and the current price is $26.33 per share;
2. The fee of Fidelity Spot Ethereum ETF is 0.25% (no management fee in 2024), the code is FETH, and the current price is US$34.8585 per share;
3. VanEck spot Ethereum ETF has a fee of 0.20% (0% for the first $150 million or the first 12 months), the code is ETHV, and the current price is $50.99 per share;
4. Invesco Galaxy Spot Ethereum ETF has a fee of 0.25%, the code is QETH, and the current price is $34.84 per share;
5. The fee of Franklin Spot Ethereum ETF is 0.19% (0% before January 21, 2025 or the first $1 billion), the code is EZET, and the current price is $26.48 per share.
Analyst: Grayscale Ethereum Trust Fund outflows may put pressure on ETH prices
Jupiter Zheng, partner at Hashkey Capital Liquid Fund, said outflows from the Grayscale Ethereum Trust could put pressure on ETH prices after todays ETF launch, and could also dampen market sentiment in the short term, but like the Bitcoin ETF, investors may shift funds to options with lower fees.
The Block data shows that the cumulative trading volume of 9 Ethereum spot ETFs on the first day of listing on US exchanges exceeded US$1.019 billion. Among them:
Grayscale Ethereum Trust (ETHE) leads with $456 million in volume, accounting for nearly half of the total volume;
BlackRock Ethereum Spot ETF (ETHA) had a trading volume of $240 million, accounting for 24%;
The Fidelity Ethereum Fund (FETH) had a trading volume of US$136 million, accounting for 13%.
In comparison, the trading volume on the first day of listing of the Bitcoin spot ETF in January this year was US$4.6 billion.
ETF Related
Bloomberg analyst: Ethereum ETFs overall starting asset size is slightly less than $10.3 billion
Bloomberg analyst James Seyffart published the starting asset level data of the Ethereum ETF on the X platform, and said that the overall asset size of the Ethereum ETF was slightly less than $10.3 billion when it began trading (almost all of which came from ETHEs assets).
Bitcoin spot ETFs had a total net inflow of $486 million yesterday, continuing a 12-day net inflow
According to SoSoValue data, yesterday (July 22, Eastern Time), the Bitcoin spot ETF had a total net inflow of $486 million, which continued to be a net inflow for 12 days. Yesterday, the Grayscale ETF GBTC had a single-day net outflow of $0.00, and the current historical net outflow of GBTC is $18.694 billion.
The Bitcoin spot ETF with the largest daily net inflow yesterday was BlackRocks IBIT ETF, with a daily net inflow of $527 million. Currently, IBITs total historical net inflow has reached $19.495 billion. The second largest was Fidelitys FBTC ETF, with a daily net inflow of $23.7227 million. Currently, FBTCs total historical net inflow has reached $9.986 billion.
BlackRock IBITs year-to-date inflows surpassed QQQ, ranking fourth among major ETFs
According to Trader T monitoring, BlackRock Bitcoin Spot ETF (IBIT) surpassed QQQ (founded on March 10, 1999) to become the fourth ETF in terms of capital inflows this year; if the current rate of capital inflows continues, IBIT may rank among the top three in the next few days.
Note: On July 22, IBIT received inflows of USD 526.7 million, the highest single-day inflow since March.
It is understood that QQQ is an ETF fund that tracks the Nasdaq 100 Index, which includes the 100 technology stocks with the highest market capitalization listed on Nasdaq, excluding financial companies.
According to Farside Investors, as of July 22:
BlackRocks spot Ethereum ETF ETHA seed fund is $10.6 million with an expense ratio of 0.25%;
21 Shares spot Ethereum ETF CETH seed fund is $2.3 million, with an expense ratio of 0.21%;
The seed fund of Bitwise spot Ethereum ETF ETHW is $2.5 million, with an expense ratio of 0.2%;
Franklin Templetons spot Ethereum ETF EZET seed fund is $2.7 million with an expense ratio of 0.19%.
Nouvelles de l'industrie
Telegrams monthly active users exceed 950 million
Telegram founder and CEO Pavel Durov said that Telegram has reached 950 million monthly active users. He wrote: This spring, the number was 900 million. Now it is expected to reach 1 billion!
Mt.Gox has transferred a total of 52,425 BTC to CEX so far in July
According to Spot On Chain, in order to repay creditors as originally planned in July, Mt. Gox has so far:
– On July 5, 1,545 BTC (US$83.5 million) was deposited into Bitbank;
– On July 16, 48,641 BTC ($3.06 billion) was transferred to the wallet “3 JQie”, which may be a Kraken deposit address;
– On July 23, 2,239 BTC ($149 million) was transferred to Bistamp.
dYdX: dYdX v3 website has been hacked, please do not click on the related links
dYdX posted on the X platform that the dYdX v3 website has been hacked, please do not visit or click on related links.
Market Forecast
CryptoQuant analyst Axel Adler Jr wrote that the latest on-chain data shows that the number of Bitcoin deposit addresses on exchanges has dropped significantly, reaching a low of 25,000. This is a key signal that may indicate a shift in investors strategy for holding Bitcoin.
According to its analysis, the decrease in the number of addresses where investors are ready to sell Bitcoin indicates that most holders prefer to keep their assets due to the expectation that the price will rise further. From the perspective of behavioral economics, the current trend may reflect the increase in confidence among Bitcoin investors. This change in behavior may be driven by factors such as increased institutional investment in cryptocurrencies.
It also said that the decline in the willingness to sell assets may lead to a reduction in the supply of Bitcoin on the market, and as demand stabilizes or increases, it may lead to higher prices, which is undoubtedly a bullish signal for the market.
CryptoQuant CEO Ki Young Ju posted on the X platform that yesterday, the inflow of funds to the addresses of long-term Ethereum holders reached a record high of 714,000 ETH, worth $2.4 billion. This data includes custodial wallets, but does not include trading platforms and miners.
Nouvelles du projet
According to official news, Taiko said that since the mainnet was launched, its team has been working hard to optimize the protocol and has reduced the L1 Gas cost by more than 30% while maintaining the upgradeability of the contract. As the team continues to improve the Gas optimization strategy, it will now shift its focus to new features and improvements, and has identified several key areas of development:
1. Enhanced L2 EIP-1559;
2. Transaction Preconfirmation
3. Introduce a new transaction type: Sponsored Transactions;
4. Cancun EVM support;
5. Enable the contract to use Calldata as DA;
6. Enhanced Min-Tier selection.
In addition, the Ontake upgrade version will include several of the features and improvements outlined above, and is scheduled to begin testing on the Hekla testnet by October, followed by a mainnet upgrade in Q4 of this year.
Hedge fund Diameter made a “huge profit” from its previous purchase of FTX bonds
After FTX collapsed, hedge fund Diameter Capital Partners profited handsomely from betting on its bankruptcy proceedings.
The firm initially bought FTX bonds with an expected return of more than 20 cents on the dollar, which has now surged to more than 100 cents. The trade was the biggest contributor to gains in two key Diameter funds in the second quarter.
Leading Bitcoin mining company Marathon Digital faces a $138 million fine for violating confidentiality or non-circumvention agreements.
Michael Ho, former co-founder of US Bitcoin Corp and chief strategy officer of mining company Hut 8, has won a unanimous jury verdict in his breach of contract lawsuit against Marathon Digital Holdings.
Affeld England Johnson LLP, which represents Michael Ho, explained that in 2020, the executive developed a growth strategy for Marathon that included developing a large-scale Bitcoin mining facility in North America.
According to the law firm, Marathon violated their agreement with Michael Ho by executing the strategy without compensation for the proprietary information he provided, essentially violating their non-circumvention agreement.
WELL3: Farming airdrop registration will open this Friday
DePIN and AI-enabled health platform WELL3 posted on X that the registration for Farming airdrop will be open this Friday, and users need to ensure that they have a Bybit account to claim the corresponding airdrop share.
This article is sourced from the internet: Planet Daily | US spot Ethereum ETF officially starts trading; Grayscale may repeat the dumping phenomenon of the previous ETF launch (07.24)
Original author: Nancy, PANews Recently, the news about zkSyncs upcoming coin issuance and the prediction of airdrop rules have caused market discussions. After reviewing zkSyncs data this year, PANews found that although zkSyncs market size is still in a leading position, its user participation willingness is decreasing, and its profit capture ability is also greatly reduced. This is closely related to its airdrop PUA for several years, the poor quality of ecological projects, and the neglect of user rights. There are few high TVL ecological projects and they are of a single type. On-chain profits rely on Gas income but have shrunk significantly To date, according to L2 BEAT data, as of May 6, the total locked volume of zkSync Era was nearly US$850 million, an increase of about 44.1%…