Author: Yeek.io

Grayscale is leveraging its own ecosystem to launch the ETCO fund, a strategy that writes call options on its existing Grayscale Ethereum Trust ETFs, creating a new product designed to generate yield from volatility. Summary Grayscale launched the Ethereum Covered Call ETF (ETCO) on NYSE Arca, an income-oriented fund that writes call options on its Ethereum trusts. The ETF targets yield generation from volatility, with biweekly payouts, and starts trading with $1.4 million AUM. On September 4, Grayscale Investments announced the launch of its Grayscale Ethereum Covered Call ETF on NYSE Arca. The actively managed fund, trading under the ticker…

Ethereum exchange-traded funds have hit a rough patch, posting losses for three days in a row. The trend highlights cooling sentiment around Ether as Bitcoin funds continue to attract steady inflows. Summary Ethereum ETFs recorded net outflows of $38.2 million on September 3, marking a three-day streak of redemptions. BlackRock’s ETHA fund drove the largest outflows at $151 million, partially offset by inflows into Fidelity’s FETH, Grayscale’s spot ETH fund, and Bitwise’s ETHW. Despite recent outflows, Ethereum ETFs had previously seen six consecutive days of inflows totaling over $1.8 billion. Ethereum spot ETFs posted $38.2 million in net outflows on…

Over the last few weeks, both Bitcoin and Ethereum have seen an interesting wave of price action with high volatility. Naturally, this volatility has spurred a wave of trading as crypto traders see this as a time of opportunity due to the fluctuations. The result of this has been a rapid rise in the open interest of both Bitcoin and Ethereum during this time. While this, on its own, is significant, looking at the previous performances, it could suggest where the Bitcoin and Ethereum prices are headed next. Bitcoin And Ethereum Open Interest Remain Very High Toward the end of…

Ethereum has pulled far ahead in total value locked while Solana remains stuck despite strong network activity.  Summary Ethereum’s DeFi TVL has jumped from $43B in April to $92B, aided by yield strategies, institutional inflows, and an ETH rally. Solana’s TVL is holding at $25.7B backed by $12.46B in stablecoins and $118B in 30-day DEX volume. Reliance on incentives and falling DEX activity could limit Solana’s near-term breakout potential. In a Sept. 3 post on X, analytics firm Sentora (formerly IntoTheBlock) noted that Ethereum (ETH) has already pushed past its previous highs, as Solana’s (SOL) decentralized finance activity circles early…

Bad actors have started using Ethereum smart contracts to deploy malicious software and code, and are therefore able to bypass traditional security scans using this novel technique. Summary The npm packages use Ethereum smart contracts to hide malicious payloads. Researchers believe it is part of a larger campaign that primarily operates through GitHub. Researchers at ReversingLabs have flagged a new open-source malware that has been deployed across the Node Package Manager (NPM) repository, where it uses obfuscated scripts and smart contracts to fetch command-and-control server URLs that deliver malicious payloads onto compromised systems. The NPM package repository is a widely…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows over half of the Ethereum supply is held by just 10 addresses. Here’s how other ETH-based tokens like Shiba Inu stack up. Shiba Inu, Uniswap, & Ethereum Are Among The Most Centralized ETH Tokens In a new post on X, on-chain analytics firm Santiment has talked about how the different assets in the Ethereum ecosystem line up against each other in terms of the amount of supply that’s concentrated on the top 10 wallets. Below is the chart shared by Santiment that shows the…

Following a rejection at $4,946 on August 24, Ethereum (ETH) is now trading in the low $4,000 level. However, some analysts are still hopeful that ETH is likely to surge beyond $5,000 in the coming weeks, thanks to its rising illiquid supply and positive exchange-traded fund (ETF) momentum. Ethereum To Hit $5,500 In September? According to a CryptoQuant Quicktake post by contributor Arab Chain, Ethereum’s latest upswing in August which pushed the digital asset from a range of $3,700 – $4,000 to its latest all-time high (ATH) of $4,946, was largely buoyed by broader market rally and positive ETF inflows.…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. BitMine chairman Tom Lee has pinned Ethereum’s long-run upside to an explicit ratio framework and a “replacement-cost” lens on global payment rails. In his September 2 “Chairman’s Message,” the Fundstrat co-founder centers the analysis on the ETH/BTC cross and a year-end Bitcoin anchor of $250,000, using…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) has slipped 5.5% in the past seven days, with today’s decline adding another 1.4% as prices struggle near $4,400. Yet, despite the turbulence, derivatives data shows remarkable resilience. According to CryptoQuant, Binance’s Ethereum open interest (OI) has remained steady above $8.4 billion, even after ETH dipped below $4,400 this week. Typically, sharp price pullbacks trigger a significant drop in OI as traders unwind leveraged positions. This time, however, ETH traders are holding firm, suggesting either expectations of a rebound or a lack of conviction in…

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…