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Ethereum ETF inflows turnaround: ‘ETH is just getting started!’
Journalist The 1st of August saw a $26.7 million net inflow into U.S. Ether ETFs, led by ETHA. Grayscale Ethereum Trust (ETHE) faced $2 billion in outflows, marking a significant investor shift. Despite ongoing cumulative outflows from the Grayscale Ethereum Trust (ETHE) surpassing $2 billion, recent trends in U.S. spot Ethereum [ETH] exchange-traded funds (ETFs) present a contrasting picture. Ethereum ETF flow analysis On the 1st of August, Ether ETFs recorded a notable turnaround with a net inflow of $26.7 million. This positive shift was driven largely by a substantial $89.6 million inflow into BlackRock’s iShares Ethereum Trust (ETHA). On...
‘For the record, I trust him 100%’: Should my husband and I add our son to our bank accounts in case something happens to us?
The Moneyist ‘I am not worried that if we make him a joint owner on our bank accounts that something nefarious would happen’ Last Updated: Aug. 3, 2024 at 11:45 a.m. ET First Published: July 30, 2024 at 8:35 a.m. ET Dear Quentin, My husband and I are in our 50s. I have been thinking recently about the best way to transfer our assets to our son when we pass. We don’t have much — some bank accounts, my retirement accounts and our house. I have my son set up as the secondary beneficiary on my retirement accounts, after my...
Why Elon Musk Thinks Cryptocurrency is the Future
Elon Musk, the CEO of Tesla, SpaceX, and X, recently shared his thoughts on cryptocurrency after a long break from talking about it. Musk, who has been a big fan of crypto in the past, had stayed quiet about it for some time, but now he’s back with some interesting ideas on why he thinks cryptocurrency is so important. During a town hall discussion in Pittsburgh, Elon Musk spoke about the role of cryptocurrency in society. He wasn’t just talking about a specific type of crypto, like Bitcoin or XRP, but rather the overall idea of cryptocurrency. Musk believes that...
