Spot ETH ETF approval: Latest news and full coverage of SEC decision

After a month of record-breaking inflows, US spot Ether ETFs saw their largest-ever daily outflow of $465 million on Monday, led by BlackRock’s iShares Ethereum Trust.

Bitcoin is trying to start a recovery from $112,000, but bears may pose a substantial challenge at $117,000 and then at $120,000.

Ether faces weak institutional demand and lacks catalysts, keeping ETH price tied to broader altcoin trends and economic uncertainty.

Profit-taking broke a 15-week winning streak of global cryptocurrency ETPs last week after hawkish remarks that followed last week’s US Fed rate decision.

SharpLink spent $108.57 million in USDC over 48 hours to acquire 30,755 ETH, raising its total Ether holdings to 480,031 ETH worth $1.65 billion.

Bitcoin ETFs saw $812 million in outflows, led by Fidelity and ARK, while Ether ETFs ended their longest inflow streak with $152 million in losses.

Ethereum’s 10th anniversary celebration was marked by an uptick in institutional demand for Ether as an alternative treasury reserve asset, prompting Wall Street to look past Bitcoin.

Bitcoin’s tight consolidation resolved to the downside, but the failure of the bears to sustain the lower levels could push the price to new all-time highs.

Spot Ether ETFs recorded $5.43 billion in net inflows in July, marking a 369% monthly surge and extending their daily inflow streak to 20 consecutive days.

ETH's funding rate turns negative as the price drops below $3,600. The good news is, traders are buying the dip!

Despite strong ETF inflows, ETH traders remain cautious as competitive pressures and weak network activity persist.

Crypto treasury companies are emerging as a new category, bringing significant liquidity to the crypto industry.

The latest acquisition pushes The Ether Machine’s total holdings to 334,757 ETH, far outpacing the Ethereum Foundation’s reported 234,000 ETH.

Ether rose 56% this month in its strongest monthly gain since July 2022 amid strong ETF flows and ETH treasury firm buying.

Hank Huang, CEO of Kronos Research, said Ether ETFs offering yield through staking “flips the switch on demand,” boosting liquidity and greater onchain participation.

Ethereum price is painting an ascending triangle pattern breakout with a price target of around $16,700.

Ethereum turns 10 as corporate treasury firms and Wall Street entities increase their Ether holdings, signaling growing institutional adoption.

From the ICO craze and CryptoKitties to the Merge and spot ETFs, Ethereum’s first decade is a reflection of crypto’s most chaotic and innovative moments.