• bitcoinBitcoin (BTC) $ 94,327.00
  • ethereumEthereum (ETH) $ 1,804.93
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.25
  • bnbBNB (BNB) $ 603.17
  • solanaSolana (SOL) $ 149.91
  • usd-coinUSDC (USDC) $ 0.999964
  • dogecoinDogecoin (DOGE) $ 0.180919
  • cardanoCardano (ADA) $ 0.704548
  • tronTRON (TRX) $ 0.248252
  • staked-etherLido Staked Ether (STETH) $ 1,802.30
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 94,209.00
  • suiSui (SUI) $ 3.62
  • chainlinkChainlink (LINK) $ 14.65
  • avalanche-2Avalanche (AVAX) $ 21.94
  • stellarStellar (XLM) $ 0.286711
  • leo-tokenLEO Token (LEO) $ 9.01
  • the-open-networkToncoin (TON) $ 3.24
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • hedera-hashgraphHedera (HBAR) $ 0.189377
  • wrapped-stethWrapped stETH (WSTETH) $ 2,165.06
  • usdsUSDS (USDS) $ 0.999916
  • bitcoin-cashBitcoin Cash (BCH) $ 350.61
  • litecoinLitecoin (LTC) $ 86.69
  • polkadotPolkadot (DOT) $ 4.11
  • hyperliquidHyperliquid (HYPE) $ 17.87
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.39
  • wethWETH (WETH) $ 1,803.57
  • ethena-usdeEthena USDe (USDE) $ 0.999701
  • pi-networkPi Network (PI) $ 0.633668
  • moneroMonero (XMR) $ 229.10
  • whitebitWhiteBIT Coin (WBT) $ 29.20
  • wrapped-eethWrapped eETH (WEETH) $ 1,923.41
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 94,336.00
  • pepePepe (PEPE) $ 0.000009
  • uniswapUniswap (UNI) $ 5.59
  • aptosAptos (APT) $ 5.41
  • daiDai (DAI) $ 0.999907
  • okbOKB (OKB) $ 51.96
  • nearNEAR Protocol (NEAR) $ 2.52
  • bittensorBittensor (TAO) $ 350.44
  • ondo-financeOndo (ONDO) $ 0.951987
  • official-trumpOfficial Trump (TRUMP) $ 14.98
  • gatechain-tokenGate (GT) $ 22.25
  • internet-computerInternet Computer (ICP) $ 5.07
  • susdssUSDS (SUSDS) $ 1.05
  • aaveAave (AAVE) $ 169.28
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • tokenize-xchangeTokenize Xchange (TKX) $ 31.94
  • ethereum-classicEthereum Classic (ETC) $ 16.78
  • kaspaKaspa (KAS) $ 0.096334
  • crypto-com-chainCronos (CRO) $ 0.090666
  • mantleMantle (MNT) $ 0.731659
  • vechainVeChain (VET) $ 0.026674
  • render-tokenRender (RENDER) $ 4.35
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.239235
  • cosmosCosmos Hub (ATOM) $ 4.41
  • ethenaEthena (ENA) $ 0.354222
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.738507
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 93,887.00
  • algorandAlgorand (ALGO) $ 0.221839
  • fasttokenFasttoken (FTN) $ 4.29
  • filecoinFilecoin (FIL) $ 2.71
  • celestiaCelestia (TIA) $ 2.85
  • sonic-3Sonic (prev. FTM) (S) $ 0.523145
  • arbitrumArbitrum (ARB) $ 0.338178
  • bonkBonk (BONK) $ 0.000020
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998275
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.12
  • worldcoin-wldWorldcoin (WLD) $ 1.13
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 94,279.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.473810
  • blockstackStacks (STX) $ 0.863574
  • kucoin-sharesKuCoin (KCS) $ 10.52
  • optimismOptimism (OP) $ 0.787547
  • makerMaker (MKR) $ 1,483.81
  • binance-staked-solBinance Staked SOL (BNSOL) $ 157.08
  • xdce-crowd-saleXDC Network (XDC) $ 0.075793
  • nexoNEXO (NEXO) $ 1.12
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,803.81
  • fartcoinFartcoin (FARTCOIN) $ 1.09
  • immutable-xImmutable (IMX) $ 0.582973
  • story-2Story (IP) $ 3.91
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,879.02
  • flare-networksFlare (FLR) $ 0.016363
  • sei-networkSei (SEI) $ 0.201066
  • eosEOS (EOS) $ 0.668012
  • injective-protocolInjective (INJ) $ 9.94
  • usdt0USDT0 (USDT0) $ 1.00
  • the-graphThe Graph (GRT) $ 0.100021
  • wbnbWrapped BNB (WBNB) $ 602.92
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999893
  • raydiumRaydium (RAY) $ 3.07
  • paypal-usdPayPal USD (PYUSD) $ 0.999914
  • curve-dao-tokenCurve DAO (CRV) $ 0.656763
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,037.11
  • jasmycoinJasmyCoin (JASMY) $ 0.017069
  • bitcoin-svBitcoin SV (BSV) $ 41.37
  • tether-goldTether Gold (XAUT) $ 3,325.08
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 93,431.00
  • walrus-2Walrus (WAL) $ 0.642018
  • pax-goldPAX Gold (PAXG) $ 3,329.95
  • iotaIOTA (IOTA) $ 0.210622
  • lido-daoLido DAO (LDO) $ 0.848747
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 165.47
  • msolMarinade Staked SOL (MSOL) $ 193.12
  • heliumHelium (HNT) $ 4.16
  • flokiFLOKI (FLOKI) $ 0.000078
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 94,263.00
  • dexeDeXe (DEXE) $ 13.13
  • galaGALA (GALA) $ 0.016822
  • the-sandboxThe Sandbox (SAND) $ 0.297512
  • bittorrentBitTorrent (BTT) $ 0.00000073
  • theta-tokenTheta Network (THETA) $ 0.718733
  • coredaoorgCore (CORE) $ 0.716337
  • clbtcclBTC (CLBTC) $ 92,667.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.011352
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.09
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,919.37
  • kaiaKaia (KAIA) $ 0.113698
  • usual-usdUsual USD (USD0) $ 0.998229
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.02
  • based-brettBrett (BRETT) $ 0.065073
  • dogwifcoindogwifhat (WIF) $ 0.634602
  • chain-2Onyxcoin (XCN) $ 0.019028
  • flowFlow (FLOW) $ 0.397564
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998926
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.69
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • movementMovement (MOVE) $ 0.239375
  • jito-governance-tokenJito (JTO) $ 1.81
  • decentralandDecentraland (MANA) $ 0.309797
  • tezosTezos (XTZ) $ 0.551640
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,887.84
  • pyth-networkPyth Network (PYTH) $ 0.155315
  • solayerSolayer (LAYER) $ 2.66
  • spx6900SPX6900 (SPX) $ 0.600616
  • pendlePendle (PENDLE) $ 3.34
  • zcashZcash (ZEC) $ 33.06
  • mantra-daoMANTRA (OM) $ 0.533017
  • telcoinTelcoin (TEL) $ 0.005560
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008902
  • aerodrome-financeAerodrome Finance (AERO) $ 0.614903
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999996
  • kavaKava (KAVA) $ 0.457368
  • true-usdTrueUSD (TUSD) $ 0.998609
  • dydx-chaindYdX (DYDX) $ 0.642194
  • ubtcuBTC (UBTC) $ 94,865.00
  • elrond-erd-2MultiversX (EGLD) $ 17.11
  • deepDeepBook (DEEP) $ 0.193429
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 94,337.00
  • beldexBeldex (BDX) $ 0.067086
  • aioz-networkAIOZ Network (AIOZ) $ 0.409353
  • thorchainTHORChain (RUNE) $ 1.33
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,885.58
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.180918
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999902
  • grassGrass (GRASS) $ 1.68
  • pumpbtcpumpBTC (PUMPBTC) $ 89,968.00
  • ecasheCash (XEC) $ 0.000023
  • neoNEO (NEO) $ 6.32
  • arweaveArweave (AR) $ 6.70
  • starknetStarknet (STRK) $ 0.149060
  • justJUST (JST) $ 0.043454
  • tbtctBTC (TBTC) $ 94,066.00
  • ousgOUSG (OUSG) $ 110.83
  • apenftAPENFT (NFT) $ 0.00000042
  • apecoinApeCoin (APE) $ 0.521942
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,804.19
  • matic-networkPolygon (MATIC) $ 0.239469
  • usdbUSDB (USDB) $ 1.00
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • axie-infinityAxie Infinity (AXS) $ 2.53
  • wormholeWormhole (W) $ 0.087066
  • berachain-beraBerachain (BERA) $ 3.63
  • chilizChiliz (CHZ) $ 0.041461
  • conflux-tokenConflux (CFX) $ 0.076592
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,919.74
  • super-oethSuper OETH (SUPEROETHB) $ 1,805.02
  • popcatPopcat (POPCAT) $ 0.389404
  • compound-governance-tokenCompound (COMP) $ 42.74
  • beam-2Beam (BEAM) $ 0.007286
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,804.20
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,798.17
  • olympusOlympus (OHM) $ 21.67
  • turboTurbo (TURBO) $ 0.005135
  • roninRonin (RON) $ 0.566261
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999644
  • saros-financeSaros (SAROS) $ 0.131544
  • amp-tokenAmp (AMP) $ 0.004096
  • usddUSDD (USDD) $ 1.00
  • sun-tokenSun Token (SUN) $ 0.017898
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000063
  • axelarAxelar (AXL) $ 0.363049
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.810204
  • plumePlume (PLUME) $ 0.166031
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 1,839.09

ETH ETFs Hit $1 Billion in Volume

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ETH ETFs Hit $1 Billion in Volume

Spot ETH ETFs began trading on U.S. exchanges on Tuesday, quickly amassing nearly $1 billion in volume within the first two days. The trading activity remains robust, with current volumes indicating similar levels. Notably, the Grayscale ETHE witnessed significant sell-offs, with about 8% of its total assets liquidated over this period. Despite these events, there is potential for greater interest in ETH ETFs, which could surge exponentially in the future.

What About Bitcoin ETFs and Staking?

The staking feature, initially part of the application for ETH ETFs, was removed following the SEC’s insistence. Viewed by the SEC as a security feature, staking was excluded before approval. Prior to this regulatory pressure, ETFs with staking features were anticipated to attract substantial interest from traditional market investors, offering up to 5% additional annual earnings. Despite the exclusion of staking, over $800 million in flows were observed, although net inflows were negative at -$26.7 million due to large exits. Access COINTURK FINANCE to get the latest financial and business news.

The SEC’s decision to disallow staking, thereby preventing investors from securing an additional 5% annually, significantly impacted market dynamics. Meanwhile, the digital heads of prominent firms like BlackRock and Fidelity have differing views on the matter, indicating ongoing industry discussions about the future integration of staking features in ETFs.

Will Staking Feature Return?

A change in SEC management might alter the current stance. Gary Gensler is expected to resign by February 2025, and if successors are less stringent, staking features could potentially be reconsidered. Internal dissent within the SEC suggests a possible shift in regulatory approach towards cryptocurrencies. Key industry figures, including BlackRock’s Rob Mitchnick and Fidelity’s Cynthia Lo Bessette, have shown varied levels of commitment to reintroducing staking, reflecting a divided outlook.

Concrete Inferences for Investors

Investors can draw valuable insights from the current market scenario:

  • High trading volumes indicate strong market interest in ETH ETFs.
  • Regulatory decisions significantly impact ETF features and investor returns.
  • Potential SEC management changes could reopen discussions on staking.
  • Industry leaders are divided but actively engaging in the staking debate.

In conclusion, the market’s reaction to the newly introduced ETH ETFs underscores a robust interest that could pave the way for future innovations. Regulatory shifts and industry advocacy will likely play crucial roles in shaping the landscape for staking-enabled ETF products.

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