Ethereum

Satoshi

Arbitrum

Ethereum Name Service

Ethereum Classic

<p>Ether ETFs are set to start trading today, on July 23rd. This comes roughly 6 months after Bitcoin ETFs started trading in January.</p>
<p>BlackRock, Fidelity, VanEck, Bitwise, 21Shares, and Grayscale are the companies that had their ETH ETF applications approved in May.</p>
<p>The Ethereum ecosystem has been waiting for over 2 months now for ETFs to start trading, and today we see this is positively affecting its tokens.</p>
<h2 class="wp-block-heading" id="rising-prices-across-the-ecosystem">Rising Prices Across the Ecosystem</h2>
<p>Ethereum Name Service (ENS) price pumped 14% today, and its market cap is now approaching the $1 billion mark. ENS converts human-readable Ethereum addresses, such as petar.eth, into the alphanumeric codes used by wallets like Zerion or Metamask.</p>
<p>Furthermore, Arbitrum (ARB) price is up 11% this week, and ARB is now trading around $0.82 with a market cap around $2.7 billion. Arbitrum is a layer 2 network on Ethereum, and it aims to be faster and cheaper than the ETH blockchain.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="372" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-1002-1024x372.png" alt="" class="wp-image-532183" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-1002-1024x372.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-1002-300x109.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-1002-766x278.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-1002-1536x558.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-1002-2048x743.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-1002-413x150.png 413w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-1002-100x36.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-1002-964x350.png 964w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-1002-788x286.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-1002.png 1493w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><em><strong>Source: <a href="https://coinmarketcap.com/currencies/arbitrum/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap/Arbitrum</a></strong></em>
 </figcaption>
</figure>
<p>Ethereum Classic price is also up 6% today, but this one already has a huge market cap of almost $4 billion.</p>
<p>We actually highlighted ETC as one of the <a href="https://captainaltcoin.com/10-cryptos-to-avoid-in-2024-how-much-would-you-have-today-if-you-invested-10000-in-xrp-6-years-ago/" target="_blank" rel="noopener noreferrer nofollow">cryptos to avoid </a>as we head into the next leg up this bull cycle.</p>
<p><a href="https://www.cnbc.com/2024/07/22/ether-etfs-seem-set-to-launch-on-tuesday-six-months-after-bitcoin-funds-debut.html" target="_blank" rel="noopener noreferrer nofollow">The launch of ETH ETFs </a>appears to be having a positive effect on tokens within the Ethereum ecosystem. This increased interest is likely due to the heightened visibility and potential for institutional investment that ETFs bring to the market.</p>
<p>As more traditional investors gain exposure to Ethereum through these new investment vehicles, it’s possible that we’ll see continued growth and development in various Ethereum-based projects and their associated tokens.</p>
<p><em><strong>Read also: <a href="https://captainaltcoin.com/crypto-analyst-explains-why-ripples-xrp-wont-hit-10/" target="_blank" rel="noopener noreferrer nofollow">Crypto Analyst Explains Why Ripple’s XRP Price Won’t Hit $10</a></strong></em></p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/ethereum-tokens-pump-amid-eth-etfs-ens-arb-etc-prices-are-up/" rel="noopener noreferrer nofollow">Ethereum Tokens Pump Amid ETH ETFs: $ENS, $ARB, $ETC Prices Are Up</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Ethereum Tokens Pump Amid ETH ETFs: $ENS, $ARB, $ETC Prices Are Up

Table of Contents

CaptainAltcoin

Other articles published on Jul 23, 2024

Reveel Reaches Milestone of 100,000 Users in Over 160 Countries

MetaBeat raises $3M in funding from FZF Ventures, Layer OTC, and Dubai Labs

Bitcoin Price Surge 315,678% Since 2013!

Interest In AVAX and Polkadot Fades But Rollblock Is Seeing Record Volume and Sign Ups

Ethereum ETFs, Binance Approval, BNB Burn, and More in the Latest Crypto Update

Base By Coinbase Eases Crypto Donations For All US Politicians

Join our free newsletter for daily crypto updates!