Ethereum

Bitcoin

Kamala Harris (kamalaharriscoin.com)

<div id="youtube2-NS96X1bJxAk" class="youtube-wrap" data-attrs="{&quot;videoId&quot;:&quot;NS96X1bJxAk&quot;,&quot;startTime&quot;:null,&quot;endTime&quot;:null}" data-component-name="Youtube2ToDOM">
 <div class="youtube-inner"><iframe src="https://www.youtube-nocookie.com/embed/NS96X1bJxAk?rel=0&amp;autoplay=0&amp;showinfo=0&amp;enablejsapi=0" frameborder="0" loading="lazy" gesture="media" allow="autoplay; fullscreen" allowautoplay="true" allowfullscreen="true" width="728" height="409"></iframe>
 </div>
</div>
<p>The launch of Ethereum ETFs has marked a significant milestone in the cryptocurrency market, with first-day trading volumes reaching approximately 23% of what the spot Bitcoin ETFs achieved on their debut. This performance, described as "solid" by ETF analyst Eric Balchunas, exceeded initial expectations and demonstrated strong investor interest in Ethereum-based financial products.</p>
<p>The success of these ETFs has sparked discussions about the future of cryptocurrency investments and their integration into traditional financial markets. Experts like Matt Hogan from Bitwise anticipate that we've entered the "ETF era of crypto," with expectations of seeing ETFs based on multiple crypto assets and index-based ETFs in the coming years. This development could lead to increased diversification options for investors and potentially attract more institutional and retail participation in the crypto market.</p>
<p>Despite the positive reception, Ethereum's price didn't experience an immediate significant surge following the ETF launch. Analysts attribute this to several factors, including a possible "buy the rumor, sell the news" scenario and muted institutional inflows. However, many draw parallels to Bitcoin's post-ETF price action, which saw an initial dip before a substantial rally.</p>
<p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://pbn3.substack.com/subscribe?&quot;,&quot;text&quot;:&quot;Subscribe now&quot;,&quot;action&quot;:null,&quot;class&quot;:null}" data-component-name="ButtonCreateButton"><a class="button primary" href="https://pbn3.substack.com/subscribe?" rel="noopener noreferrer nofollow"><span>Subscribe now</span></a></p>
<p>The introduction of Ethereum ETFs also raises questions about the broader impact on the cryptocurrency ecosystem and blockchain technology adoption. As more traditional investors gain exposure to Ethereum through these regulated products, it could accelerate the development and implementation of decentralized applications and smart contract platforms.</p>
<p>Political implications of cryptocurrency adoption are becoming increasingly apparent, with discussions about how various political figures and parties approach crypto regulation. The crypto community's reaction to potential political engagements, such as the speculated appearance of Vice President Kamala Harris at a Bitcoin conference, highlights the growing intersection of politics and cryptocurrency.</p>
<p>As the market evolves, attention is turning to potential new products in the crypto-finance space, such as tokenized money market funds and other real-world assets (RWAs) built on blockchain technology. These developments, along with the performance of Ethereum ETFs, suggest a maturing market that continues to bridge the gap between traditional finance and the crypto ecosystem.</p>
<div>
 <hr>
</div>
<h5>This episode is sponsored by <a href="https://bit.ly/CBARRON" rel="noopener noreferrer nofollow">Coinbase</a></h5>
<div class="captioned-image-container">
 <figure><a class="image-link image2" target="_blank" href="https://bit.ly/CBARRON" data-component-name="Image2ToDOM" rel="noopener noreferrer nofollow">
   <div class="image2-inset"><picture>
     <source type="image/webp" srcset="https://substackcdn.com/image/fetch/w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbd45fe69-a94c-45c4-adfe-77ff4e189d64_728x410.jpeg 424w, https://substackcdn.com/image/fetch/w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbd45fe69-a94c-45c4-adfe-77ff4e189d64_728x410.jpeg 848w, https://substackcdn.com/image/fetch/w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbd45fe69-a94c-45c4-adfe-77ff4e189d64_728x410.jpeg 1272w, https://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbd45fe69-a94c-45c4-adfe-77ff4e189d64_728x410.jpeg 1456w" sizes="100vw">
     <img src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbd45fe69-a94c-45c4-adfe-77ff4e189d64_728x410.jpeg" width="728" height="410" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/bd45fe69-a94c-45c4-adfe-77ff4e189d64_728x410.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:410,&quot;width&quot;:728,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:74692,&quot;alt&quot;:&quot;&quot;,&quot;title&quot;:&quot;&quot;,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:&quot;https://bit.ly/CBARRON&quot;,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:null}" class="sizing-normal" alt="" title="" srcset="https://substackcdn.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbd45fe69-a94c-45c4-adfe-77ff4e189d64_728x410.jpeg 424w, https://substackcdn.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbd45fe69-a94c-45c4-adfe-77ff4e189d64_728x410.jpeg 848w, https://substackcdn.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbd45fe69-a94c-45c4-adfe-77ff4e189d64_728x410.jpeg 1272w, https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbd45fe69-a94c-45c4-adfe-77ff4e189d64_728x410.jpeg 1456w" sizes="100vw" loading="lazy"> 
    </picture>
    <div></div>
   </div></a>
 </figure>
</div>
<p>Get up to $200 for getting started on Coinbase➜ <a href="https://bit.ly/CBARRON" rel="noopener noreferrer nofollow">https://bit.ly/CBARRON</a></p>
<div>
 <hr>
</div>
<p><strong>PBN3 Airdrop Summer</strong> | <strong><a href="https://www.paulbarronnetwork.com/airdrop-summer-2024" rel="noopener noreferrer nofollow">CLAIM NOW!</a></strong></p>
<p>Subscribe on YouTube ✅ <a href="https://bit.ly/PBNYoutubeSubscribe" rel="noopener noreferrer nofollow">https://bit.ly/PBNYoutubeSubscribe</a><br>X/Twitter 📱 <a href="http://bit.ly/PBNtwitter" rel="noopener noreferrer nofollow">http://bit.ly/PBNtwitter</a><br><br>Trade with LuxAlgo For The Best Market Indicators ➜ <a href="https://bit.ly/LuxPaul" rel="noopener noreferrer nofollow">https://bit.ly/LuxPaul</a><br><br>Looking for the best tax havens for crypto? Free month with iTrustCapital - Use PROMO CODE - PAUL BARRON <a href="https://rebrand.ly/PAULBARRON" rel="noopener noreferrer nofollow">https://rebrand.ly/PAULBARRON</a></p>

Ethereum ETF Reaches $1 Billion in First Day

Paul Barron Network

Άλλα άρθρα που δημοσιεύτηκαν στις 25 Ιουλ 2024

WazirX Hack Fails to Deter Shiba Inu: Token Burns and Network Activity Defy Expectations

Kamala Harris’ crypto policy could differ from Biden’s, former White House official says

OpenAI Develops New AI-Powered Search Engine

Investors Drive AAVE Price Upward

Bitcoin Liquidation Alert: $385 Million at Risk as $60K Support Level Nears

400,000 New Hedera Accounts in One Week: Blade Wallet and Karate Combat’s Breakthrough Integration

Join our free newsletter for daily crypto updates!