Ethereum
The price of ether fell more significantly than bitcoin on Wednesday, as outflows from spot ether ETFs topped $133 million.
Solana
Since the beginning of the year, Solana has seen several ecosystem metrics increase substantially, benefiting from Solana’s parallelization capabilities.
Bitcoin
Some Mt. Gox creditors received a distribution of BTC and BCH for the first time in ten years.
A massive outflow of $484 million from Grayscale’s ETHE brought the total inflow number across spot ether ETFs to $107 million on the first day of trading.
The supply of ether has been growing non-stop since April. Will the weakening of the “ultrasound money” narrative hurt ETF inflows?
The film tells the story of Ethereum’s last three years, including the historic Merge, through Ethereum co-founder Vitalik Buterin’s eyes.
BlackRock’s IBIT saw its biggest day of inflows in four months, accounting for 98.7% of inflows into US spot bitcoin ETFs.
A blockchain address allegedly controlled by the US government moved 58.742 BTC to crypto exchange Coinbase.
Trading of the funds is expected to start as early as tomorrow, with one expert calling the decision “a massive, positive regulatory shift.”
Business
The ETH holdings of Binance and Coinbase have decreased by $1.2 billion over the last seven days.