By Vukan Ljubojevic | TH3FUS3 Senior Writer
Grayscale's Ethereum ETF experienced over $346 million in outflows just three days after its launch. Amid this, the Ethereum Foundation made significant moves, transferring 92,500 ETH for the first time in nearly 6.6 years. Meanwhile, other Ethereum ETFs saw varied inflows, showing mixed market sentiment.
The pension fund, which has $145M in assets as of 2022, will make a 2% allocation to BTC ETFs, amounting to approximately $4.35M
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Crypto Execs Meet with Biden Administration Over Regulatory Crackdown
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Grayscale CEO Michael Sonnenshein Resigns, Replaced by Goldman Exec
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BTC and ETH ETFs Bolster Institutional Interest in Crypto
Experts weigh in on whether this trend is positive or negative for the crypto space
OpenAI Faces Potential $5B Loss in 2024
A major concern is OpenAI's heavy spending on AI training and staffing
Goldman Sachs Plans Real-World Asset Tokenization
This move comes as part of its strategy to capitalize on the growing interest in the crypto industry
Standard Chartered Makes Another Crypto Move
Elwood Capital is a crypto firm backed by billionaire hedge fund manager Alan Howard