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Ethereum Price Sets New 2023 High, Sets Sights On $3,000

Ethereum price action is pushing higher over the weekend, setting a new 2023 high. The move is also a significant sign that an uptrend is forming. Could… ....

Ethereum Sets New , Uptrend In Progress , Reaking News ,

Ethereum Bull Rally Sends Short Liquidations Up One-Year

Q: What s behind this $ETH parabolic move?
Ki Young Ju 주기영 (@ki young ju) May 10, 2021
The demand for Ethereum (ETH) derivatives has also increased in recent months. VanEck applied for the first U.S. Ether ETF on Friday, citing increased institutional demand. Moreover, since their launch last month, Canada’s Purpose Ether ETF and the CI Galaxy Ethereum have seen significant inflows.
According to the document:
“The Trust’s investment objective is to reflect the performance of the MVIS® CryptoCompare Ethereum Benchmark Rate less the expenses of the Trust’s operations. In seeking to achieve its investment objective, the Trust will hold Ether (“ETH”) and will value its Shares daily based on the reported MVIS® CryptoCompare Ethereum Benchmark Rate.” ....

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