ETH ETF Recap, EURC on Base and More - The Daily Gwei Refuel #800 - Ethereum Updates
In the second week after launch, spot Ethereum ETFs posted strong inflows led by BlackRock, with the new funds drawing roughly $1.5 billion in their first two weeks and several positive net-flow days. Outflows from legacy ETH trusts (ETHE) have tapered from prior peaks, while some BTC ETFs saw outflows—suggesting reallocations into ETH products. BlackRock’s ETF is already among the top new-launch performers, and major ETFs (BlackRock, Fidelity, Bitwise) now hold substantial AUM alongside billions remaining in legacy trusts. Despite the flows, Ether’s price has largely traded sideways, underscoring that ETF activity is a longer-term dynamic.
Ethereum Turns 9, DeFi Is the Value Prop and More - The Daily Gwei Refuel #799 - Ethereum Updates
Ethereum marked its ninth anniversary as its native token approaches a roughly $400 billion market value, placing ETH among the world’s largest assets. Host Anthony describes the period from 2020–2030 as Ethereum’s decisive decade—with DeFi as its primary value proposition,...