Grayscale Ethereum Mini Trust (ETH) Common units of fractional undivided (ETH)

Ethereum's spot (CRYPTO: ETH) ETFs, which began trading July 23, 2024, have drawn significant institutional capital and opened a new avenue of regulated exposure to ETH.

Ethereum slipped over 4% to $3,982.13, XRP dipped 6.6% to $2.45, while BNB plunged 10.9% to $3,982.13.

Memecoins were trading higher late Monday, as investors regained interest in speculative assets amid a broader crypto rally.

According to on-chain analysis firm Glassnode, Friday’s wipeout after Trump’s tariff threat to China triggered the largest futures liquidation in Bitcoin’s history.

Long traders absorbed the bulk of losses at roughly $450 million, while short liquidations totaled about $40 million.

On-chain analytics firm Glassnode said Bitcoin futures open interest remains high, with traders on both sides getting caught in sharp swings as the market undergoes a leverage reset.

Bitcoin is not the only cryptocurrency that's surging right now.

Bitcoin was trading at $121,276.67 at the time of writing, while Ethereum dipped to $4,332.97, and XRP fell 0.3% to $2.80, according to CoinMarketCap data.

Fintech company Block Inc. (NYSE:XYZ) said it will integrate Bitcoin (CRYPTO: BTC) into its Square point-of-sale system, enabling merchants to accept and stack the cryptocurrency from their daily sales.

Cipher Mining, Inc. (NASDAQ:CIFR) shares soared in Wednesday's after-hours trading as the Bitcoin (CRYPTO: BTC) mining firm confirmed the completion of the first phase of its ambitious Black Pearl data center.

Dogecoin (CRYPTO: DOGE) lifted on Wednesday, prompting analysts to issue bold predictions about the memecoin.

The company said the latest purchase was funded with net proceeds from a recently completed $150 million convertible note offering.

Meme token Dogecoin saw the steepest decline among the top 10 cryptocurrencies, falling 4.3% in the last 24 hours.

With a market capitalization of about $180 billion, BNB now ranks ahead of XRP, whose value stands at roughly $178 billion.

Cryptocurrency bettors saw high chances of Ethereum (CRYPTO: ETH) hitting $5,000 this year as whales continued to pile on the second-largest cryptocurrency.

Grayscale is introducing staking for its Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) offerings, including the Grayscale Et