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- 🚨 Could Ethereum ETFs Be Poised for a Breakthrough? BlackRock Weighs In!
🚨 Could Ethereum ETFs Be Poised for a Breakthrough? BlackRock Weighs In!
News
BlackRock acknowledged that the investment narrative for Ethereum ETFs is underwhelming and noted they are focused on educating clients.
BlackRock’s head of digital assets Robert Mitchnick recently shared his views on the slow inflows into spot Ethereum ETF as well as the drop in the trading volume. In comparison to the Bitcoin ETFs, the Ether ETFs have received an underwhelming response with over $500 million in outflows in the first two months. The market for Ethereum ETFs has slowed down, with limited interest compared to the strong demand for Bitcoin.
Japan's new Prime Minister, Shigeru Ishiba, is bullish on blockchain and NFTs, seeing them as tools to boost regional economies.
Japan’s new Prime Minister Shigeru Ishiba has been in the limelight for his opinion on continuing with rate hikes moving ahead. However, local Japanese media also reports that Ishiba is positive on blockchain and non-fungible tokens (NFTs) and believes that they can help boost the regional economies.
Ripple gains DFSA approval to expand payment services in UAE, partnering with NYU Abu Dhabi and DIFC Innovation Hub.
Ripple has obtained in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its blockchain-based payment services in the United Arab Emirates (UAE). This approval allows Ripple to operate from the Dubai International Financial Centre (DIFC), significantly boosting its presence as a regulated entity within the Middle East.
Markets
BTC price moving sideways near $64K level, while top altcoins faced turbulence. But, POPCAT & SUI emerged the top gainers.
The broader market on Tuesday saw a set of mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price saw a waning action, moving towards the $64K level today. Simultaneously, Ethereum (ETH), Solana (SOL), and XRP prices faced market volatility. However, Solana-based tokens such as POPCAT, BONK, dogwifhat (WIF) emerged among the day’s top gainers, defying the broader market sentiment. SUI price also maintained the rally, with a 10% jump in the last 24 hours.
Solana (SOL), Rexas Finance (RXS), and Dogecoin (DOGE), stand out for a bull run in 2024. Check out there market performance ,poised growth and much more
As 2024 crosses to its last quarter, a potential major bull run is highly expected by the cryptocurrency community. Investors are actively looking for cryptos that are promising high returns. Solana (SOL), Rexas Finance (RXS), and Dogecoin (DOGE), stand out as potential lucrative investments. Each of these tokens has unique qualities and positions in the market that make them worth considering. So, why are these altcoins poised to explode soon? Let’s dive into details
Bitcoin price slid below $65K as the third quarter ended and fourth began. Although BTC is up 1% today, here's what you can expect next.
Bitcoin’s third-quarter performance stands at 0.89% after dropping 3.47% on September 30. Many in the crypto space expect a bullish start to October and the fourth quarter. Echoing these sentiments, Bitcoin price is up 1% today and trades at $63,955. What can investors expect next from BTC?