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>
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<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>
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<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

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CaptainAltcoin

Інші статті, опубліковані 23 лип. 2024 р.

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