The proposed products, if approved, would give investors exposure to Bitcoin and Ether in one fund and to Cronos in a second fund that also seeks to generate yield through network staking rewards.
Ethereum climbed back above $2,000 after a softer-than-expected US CPI print, and the move has traders and analysts debating whether the worst is behind the coin or if this is a temporary relief rally ...Open Interest Drop Raises Questions.
Derivatives show tentative optimism, with cleaned-up leverage, positive funding rates and rising institutional basis, even though traders are still paying a premium for short-term downside protection ... .
Traders say Ether’s declining open interest and futures funding rates could set the groundwork for a significant short squeeze on bearish leveraged positions and a rally to $2,500... .