Ether

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Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, functioning as a fuel for operations within the network. It serves multiple purposes: as a digital currency, it can be bought, sold, and held as an investment; as a utility token, it's used to pay for transaction fees and computational services on the Ethereum network. Ether is integral to running decentralized applications (dApps) and executing smart contracts on Ethereum, providing the necessary resources for these operations. As Ethereum evolves, especially with upgrades like Ethereum 2.0, Ether's role remains central, facilitating not just transactions but also the broader ecosystem of decentralized finance (DeFi) and various blockchain-based applications.

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SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)
Cboe Publishes Amended Spot Ether ETF Filings as Industry Renews Approval Hopes
Cboe is the first exchange to publish its revised 19b-4 forms.
SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)

Ether's rally prompted strong flows to exchanges (Shutterstock)
Ether Rally Prompts Over $300 Million ETH Inflow to Crypto Exchanges: Nansen
The fast move likely signals short-term profit taking after ether's rapid 30% rally, one observer noted.
Ether's rally prompted strong flows to exchanges (Shutterstock)

Former SEC Senior Trial Counsel on Spot Ether ETF Approval Outlook
Former SEC Senior Trial Counsel on Spot Ether ETF Approval Outlook
The U.S. Securities and Exchange Commission (SEC) asked aspiring ether exchange-traded fund exchanges to update key filings related to these products. Moses Singer Partner and...
Former SEC Senior Trial Counsel on Spot Ether ETF Approval Outlook

ETH price, FMA May 21 2024 (CoinDesk)
First Mover Americas: Bitcoin Hits $71K as Ether ETF Hopes Build
The latest price moves in crypto markets in context for May 21, 2024.
ETH price, FMA May 21 2024 (CoinDesk)

Scrabble letters spelling ETF arranged a rack
Fidelity Drops Staking Plans in Updated Ether ETF Filing
Annualized yields on ether staking are nearly 3% as of Tuesday, data from popular staking service Lido shows.
Scrabble letters spelling ETF arranged a rack

(Kevin Ku/Unsplash)
Ether ETF Speculation Could Weigh on SOL, Wider Altcoin Market
Traders will not want to be short ETH while going through an ETF approval, one observer said.
(Kevin Ku/Unsplash)

A rocket blasting off from a launch pad
Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations
Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%.
A rocket blasting off from a launch pad

SEC headquarters (Nikhilesh De/CoinDesk)
Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: Sources
Exchanges are being asked to update 19b-4 filings on an accelerated basis by the U.S. Securities and Exchange Commission
SEC headquarters (Nikhilesh De/CoinDesk)

Ether spot ETF approval odds just went higher (gopixa/Getty Images)
Ether Jumps 10% to $3.4K After Bloomberg Ups Odds of Spot ETF Approval
Markets previously had mostly priced in SEC rejections of the proposed funds beginning this week.
Ether spot ETF approval odds just went higher (gopixa/Getty Images)

BTC price, FMA May 20 2024 (CoinDesk)
First Mover Americas: BTC, ETH Little Changed Ahead of Ether ETF Decision
The latest price moves in crypto markets in context for May 20, 2024.
BTC price, FMA May 20 2024 (CoinDesk)