Crypto Prices Stagnant Despite New Ethereum ETFs; Grayscale Seeks Similar Fund
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Positive crypto headlines did little to rally crypto prices this week. Ethereum futures ETFs launched while SEC continues blocking spot Bitcoin ETFs.
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Grayscale plans to convert its Ethereum fund into an ETF like it's trying to do with its Bitcoin fund after winning an appeal against the SEC.
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IMF published a report acknowledging risks crypto poses to traditional finance systems.
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New book by Michael Lewis whitewashes allegations against Sam Bankman-Fried and FTX collapse, prompting backlash.
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FTX's stake in AI firm Anthropic rumored to be worth billions, potentially enough to repay FTX creditors.