$ETH
The latest news on Ethereum indicates several important developments in its ecosystem. Here are some recent updates¹:
- *Ethereum ETF*: The Ethereum ETF from "BlackRock" has seen significant daily inflows of $60.3 million, reflecting increased interest in Ethereum as an investment.
- *Technical Collaboration*: "PayPal" has integrated its US dollar-pegged stablecoin (PYUSD) with the multi-chain bridge protocol, LayerZero, enabling (PYUSD) transfers between the Ethereum and Solana networks.
- *Positive Outlook*: The CEO of "Consensys", Joe Lubin, expects that Ethereum will benefit from Donald Trump's victory in the presidential elections, due to his positive impact on the cryptocurrency sector.
- *SEC Request*: The U.S. Securities and Exchange Commission has requested comments on the in-kind redemptions of Bitcoin and Ethereum funds, which could enhance the appeal of cryptocurrency ETFs to institutional investors.
- *Ethereum Price Surge*: Ethereum is currently trading at $1812.19, with a 0.77% increase in the last 24 hours, according to today's data.
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