Ethereum

Redacted

<p>The non-fungible token market, which has been in a state of uncertainty for the past several weeks, has recorded positive growth today after the first Vaneck listed its SPOT Ethereum ETF on the DTCC. The market listing showcases that Ethereum ETH approval is just around the corner.</p>
<h2 id="ethereum-nft-sales-jump-33-today">Ethereum NFT Sales Jump 33% Today</h2>
<p>Data compiled by Cryptoslam.io, an on-chain crypto market aggregator and a multi-chain non-fungible token explorer, indicates that the global non-fungible token market has sharply surged in sales today, following this crypto market hype. In the past 24 hours, the global NFT market has recorded a trading sales volume of $22 million, representing a 25% surge from the past day.</p>
<p><img decoding="async" class="alignnone wp-image-524092" src="https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-Today-1-300x88.png" alt="NFT sales Today" width="842" height="247" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-Today-1-300x88.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-Today-1-1024x299.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-Today-1-768x224.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-Today-1.png 1177w" sizes="(max-width: 842px) 100vw, 842px"></p>
<p>During this period, Ethereum, the blockchain network renowned for powering the majority of blue-chip NFTs, is the top traded NFT blockchain, with Ethereum-based NFT sales volume jumping 33%. In the past 24 hours, the Ethereum-based NFT collection has amassed a trading sales volume of $8.6 million.</p>
<p><img decoding="async" class="alignnone wp-image-524091" src="https://insidebitcoins.com/wp-content/uploads/2024/05/Ethereum-NFT-sales-300x178.png" alt="Ethereum NFT sales" width="843" height="500" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/Ethereum-NFT-sales-300x178.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/Ethereum-NFT-sales-555x329.png 555w, https://insidebitcoins.com/wp-content/uploads/2024/05/Ethereum-NFT-sales.png 681w" sizes="(max-width: 843px) 100vw, 843px"></p>
<p>This notable market rally in the NFT market happened shortly after the first Ethereum ETF ‘VanEck Spot Ethereum ETF’ got listed on the DTCC stock market under the ticker ETHV. An Ethereum ETF is a financial product designed to track the price of Ethereum, enabling investors to buy and sell shares on traditional stock exchanges.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">VanEck SPOT ETHEREUM ETF (ETHV) is now on the DTCC website.</p>
 <p>Let the next crypto tally begin. <a href="https://t.co/eNP5IIJY5Y" rel="noopener noreferrer nofollow">pic.twitter.com/eNP5IIJY5Y</a></p>
 <p>— Digital Asset News (@NewsAsset) <a href="https://twitter.com/NewsAsset/status/1793057429338354125?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 21, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>It’s worth noting that the crypto and the non-fungible token markets have a strong relationship similar to that between mother and child. In that context, what affects the crypto market disrupts the NFT market too in most cases. Below, we have listed five of the top-selling NFT collections today.</p>
<h2 id="five-top-selling-nft-collections-today">Five Top-Selling NFT Collections Today</h2>
<p>&nbsp;</p>
<p><img decoding="async" class="alignnone wp-image-524093" src="https://insidebitcoins.com/wp-content/uploads/2024/05/five-top-selling-NFTs-300x134.png" alt="five top selling NFTs" width="839" height="375" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/five-top-selling-NFTs-300x134.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/five-top-selling-NFTs.png 689w" sizes="(max-width: 839px) 100vw, 839px"></p>
<p>Source: cryptoslam.io, Top selling NFT collections in the past 24 hours</p>
<h3 id="1-milady-maker">1. Milady Maker</h3>
<p>Milady Maker, a non-fungible token collection from the digital asset firm Remilia featuring a limited edition of 10,000 NFT collections hosted on the Ethereum network, is today’s top-selling NFT collection. In the past 24 hours, the Milady Maker NFT collection has recorded a trading sales volume of $1.07 million, representing a 274% surge from the previous day.</p>
<h3 id="2-cryptopunks">2. CryptoPunks</h3>
<p>CryptoPunks, a non-fungible token collection under the Yuga Labs umbrella featuring a limited edition of 10,000 pixilated NFTs hosted on the Ethereum network, is this week’s second most-traded NFT collection. In the past 24 hours, the CryptoPunks NFT collection has raised a trading sales volume of $737,526, representing a 15.91% surge from the previous day.</p>
<h3 id="3-the-captainz">3. The Captainz</h3>
<p>The Captainz, a collection of 9,999 utility-enabled profile pictures from the web3-focused studio Memeland that feature rarity-powered traits inspired by pirates, internet memes, and pop culture, is today’s third most-selling NFT collection. In the past 24 hours, the Captainz has raised a sales volume of $608,237, up 161% from the previous day.</p>
<h3 id="4-redacted-remilia-babies">4. Redacted Remilia Babies</h3>
<p>Redacted Remilia Babies, a non-fungible token collection from the digital asset firm Remilia that features a fixed set of 10,000 neochibi PFP NFTs hosted on the Ethereum blockchain network, is today’s fourth most-selling NFT collection. In the past 24 hours, the Redacted Remilia Babies NFT collection has recorded a trading sales volume of $504,033.</p>
<h3 id="5-pudgy-penguins">5. Pudgy Penguins</h3>
<p>Pudgy Penguins, a non-fungible token collection from the Pudgy Penguins toy brand featuring a limited supply of 8,888 NFTs hosted on the Ethereum blockchain network, is today’s fifth most-selling NFT collection. In the past 24 hours, the Pudgy Penguins NFT collection has recorded a trading sales volume of $390,876, closing our five top-selling NFT collections today. The Pudgy Penguins NFT sales have risen 125% from the past day.</p>
<h4>Related NFT News:</h4>
<ul>
 <li><a href="https://insidebitcoins.com/news/pudgy-penguins-expands-its-nft-inspired-toy-offering-to-australia" rel="noopener noreferrer nofollow">Pudgy Penguins Expands Its NFT-inspired Toy Offering To Australia</a></li>
 <li><a href="https://insidebitcoins.com/news/top-selling-nfts-this-week-azuki-and-mall-street-spl-404-nfts-lead-in-sales" rel="noopener noreferrer nofollow">Top Selling NFTs This Week – Azuki And Mall Street SPL-404 NFTs Lead In Sales</a></li>
 <li><a href="https://insidebitcoins.com/news/nft-sales-fall-8-again-this-week-how-low-can-nfts-go-this-bear-market" rel="noopener noreferrer nofollow">NFT Sales Fall 8% Again This Week – How Low Can NFTs Go This Bear Market?</a></li>
</ul>

Ethereum NFT Sales Pump 33% After First Ethereum ETF Got Listed On DTCC

Table of Contents

Inside Bitcoins

Other articles published on May 22, 2024

Whales buy $2 mln of WIF tokens, Is bull rally ahead?

Wisconsin Holds BlackRock And Grayscale Bitcoin ETFs; Rebel Satoshi ($RECQ) Investors Seize Presa...

Ethereum Attracts Focus with ETF News

Dogecoin Price Tumbles As Whale Dumps 90M DOGE to Coinbase, What’s Next?

SEC Forces Changes to Ethereum ETF

SEC’s tough stance on crypto continues: Gary Gensler slams ‘FIT 21’ Act

Join our free newsletter for daily crypto updates!