Could Ethereum ETFs make ETH the outlier among altcoins? Ethereum (ETH) is up 2% on Tuesday following predictions from K33 Research that investors are underpricing the upcoming ETH ETF launch.
Could Ethereum ETFs make ETH the outlier among altcoins? Ethereum is up 2% on Tuesday following predictions from K33 Research that investors are underpricing the upcoming ETH ETF launch. Meanwhile, Grayscale is making moves to reduce potential outflows from its Grayscale Ethereum Trust through its Ethereum Mini Trust. Ripple on-chain activity spikes as XRP hovers around $0.43 Ripple on-chain activity shows an increase in activity among XRP traders.
Bitcoin price consolidates near $58,500 despite reduced miners selling pressure Bitcoin price has encountered resistance near the weekly level of $58,375 over the past three days, currently trading just below at around $57,339, marking a 1.12% increase on Tuesday. On-chain data indicates miners earn less than the historical average, suggesting reduced profitability or decreased selling pressure. Bitcoin spot ETFs saw inflows of $294.8 million on Tuesday, the highest since June 6.
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