U.S. spot Ethereum (ETH) exchange-traded funds swung back to net outflows on Tuesday, reversing course after two straight sessions of inflows and underscoring how quickly demand can shift in crypto-linked products.
Data compiled by SoSoValue showed spot Ethereum ETFs posted a combined $29.37 million in daily net outflows on June 17 (U.S. Eastern Time). Despite the day’s pullback, cumulative net inflows across the category remained sizable at $11.19 billion.
Outflows were broad-based across most of the 10 listed products. Grayscale Ethereum Trust ($ETH) led the day’s redemptions with -$9.89… Read more
The cautious resumption of shipping through Hormuz may signal a shift towards regional stability, impacting global oil markets and security dynamics. The post Saudi supertankers
Increased Venezuelan oil production and potential crypto transactions could stabilize global markets, impacting inflation and legitimizing crypto trade. The post Trump welcomes China and India
The reopening may stabilize global energy markets, potentially easing inflationary pressures and influencing geopolitical dynamics in oil-dependent regions. The post Strait of Hormuz reopening expected
The US-Iran deal’s success hinges on reopening the Strait of Hormuz, crucial for stabilizing global oil markets and investor confidence. The post IEA chief welcomes
Blockchain Bodega is here and you know the vibes. We’re at the intersection of hip-hop culture and web3, exploring this new digital frontier. Who better to guide you through these uncharted lanes than Ock Chain – The Bitcoin Boss and the Consensus Corner Boys?
Ock Chain doesn’t just cook up random details about cryptocurrency; he lives it. Ock’s been deep in the game since Bitcoin was just a baby.
And let’s not forget about the Consensus Corner Boys. They’re our skilled crew of blockchain enthusiasts. They’re here to educate, entertain, and enlighten.
Welcome to Blockchain Bodega!
Copyright © 2023 Blockchain Bodega. All rights reserved.