news

Forbes "Asia-Pacific Web3 Industry Growth Is Strong...Gaming, AI, and Social Fai Stand Out"

Forbes, a leading U.S. business magazine, has diagnosed that "the web3 industry in the Asia-Pacific (APAC) region has been growing strongly this year". "The APAC region has seen some big news on the investment front, including Singapore-based VC Foresight Ventures' $70 million acquisition of The Block, NGC Ventures' continued funding, and LayerZero's $149 million investment. The APAC market has also seen strong growth in Web3 gaming, industry events, Web3 projects around AI and cloud computing, and SocialFy," said Dr. Javier Gutierrez, senior vice president, Asia Pacific, NVIDIA.

ETH spot ETF hits $9.37 billion in trading volume on second day of trading, off to a strong start, but falls short of BTC

Ethereum spot ETFs have recorded $9.37 billion in trading volume on their second day of trading. Of these, Grayscale's ETHE topped the list with $4.86 billion, accounting for about 52% of the total volume. BlackRock's ETHA followed with $255 million and Fidelity's

blockchain crypto cryptocurrency Ethereum ETF launches favorable price Shelly Young (SpotedCrypto)

Ethereum ETF launches favorable price Shelly Young comments and Grayscale's Ethereum liquidity outflow

Hany Rashwan, CEO of crypto ETP issuer 21Shares, told Bloomberg that the launch of an Ethereum spot ETF has already been partially priced in. "Global macroeconomic and summer seasonal features have also impacted the price of ETH," he said. "While Bitcoin is a digital gold hedge, Ethereum

blockchain crypto cryptocurrency ethereum Spot ETF Debuts Successfully (Spoted Crypto)

ETH Spot ETF Debuts Successfully...Sustained Success Unclear

Bloomberg reported on April 24 that "Nine U.S. ETH spot ETFs surpassed $1 billion in trading volume on their first day of trading in what could be considered a blockbuster debut. However, it's unclear if the box office record can be sustained." "The rationale

Read next