777,000 Ethereum moved post-ETF approval: Impact on ETH?

Canada News News

777,000 Ethereum moved post-ETF approval: Impact on ETH?
Canada Latest News,Canada Headlines
  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

Ethereum [ETH] created much buzz in the crypto space in the recent past when the US SEC gave approval to ETH ETFs.

created much buzz in the crypto space when the US Securities and Exchange Commission gave approval to ETH ETFs. Though ETH’s price didn’t turn bullish after the approval, things could change in the coming days.Before ETFs got approval, there was much anticipation and hype around it. During that time, ETH’s price action also turned volatile in a northward direction.

As per the tweet, approximately 777,000 ETH, which was valued at about $3 billion, have been withdrawn from crypto exchanges since the ETF approval. This indicated high buying pressure, which might also have a positive impact on the token’s price.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CryptoAmb /  🏆 22. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Everton's proposed sale to investment firm 777 Partners falls throughEverton's proposed sale to investment firm 777 Partners falls throughLIVERPOOL, England (AP) — Miami-based private investment firm 777 Partners has failed to conclude a deal for the purchase of Everton, the Premier League club...
Read more »

777’s Takeover Of Everton Fails, Opening Door For New Suitors777’s Takeover Of Everton Fails, Opening Door For New SuitorsUS investment firm 777 Partners LLC’s deal to add Everton FC to its portfolio of football clubs has collapsed after a deadline to proceed with the purchase passed on Saturday.
Read more »

1 dead after ‘severe turbulence’ hits Boeing 777 flying from London to Singapore1 dead after ‘severe turbulence’ hits Boeing 777 flying from London to SingaporeFlight tracking data suggests that the Singapore Airlines flight dropped several thousand feet in a matter of minutes.
Read more »

Everton Suitor 777 Turns to Restructuring Group as Bid FloundersEverton Suitor 777 Turns to Restructuring Group as Bid Flounders777 Partners, the US investment firm trying to buy English Premier League football club Everton, has hired restructuring experts to overcome “various operational challenges,” according to an email sent to the group’s employees Thursday.
Read more »

More trouble in Belgium for Miami-based 777 Partners after court authorizes seizure of assetsMore trouble in Belgium for Miami-based 777 Partners after court authorizes seizure of assetsBRUSSELS (AP) — A Belgian court ruled Thursday that all assets in the country belonging to American investment group 777 Partners can be seized, in the...
Read more »

Ethereum NFT market faces slump: Any impact on ETH?Ethereum NFT market faces slump: Any impact on ETH?Ethereum NFT interest saw a significant drop as sales plunged over the past month. Will interest in ETH rise going forward?
Read more »



Render Time: 2025-02-19 10:51:49