Elon Musk’s attorney will chair a company that aims to raise $200 million to invest in DOGE, Ether ETFs cross $13.7 billion: Hodler’s Digest Ether spot exchange-traded funds (ETFs) have seen steady growth since their US debut in July 2024, while corporate treasuries tied to the token are also on the rise. Inflows into Ether funds climbed 44% this month, rising from $9.5 billion on Aug. 1 to $13.7 billion on Aug. 28, according to cryptocurrency research platform SoSoValue. Market participants say renewed institutional demand is fueling the momentum. After an extended period of underperformance relative to Bitcoin and a souring investor sentiment, Ethereum has recently experienced a significant revival in the recognition of both its adoption rate and value proposition, Sygnum Chief Investment Officer Fabian Dori told Cointelegraph. Read more
Elon Musk’s attorney will chair a company that aims to raise $200 million to invest in DOGE, Ether ETFs cross $13.7 billion: Hodler’s Digest Ether spot exchange-traded funds (ETFs) have seen steady growth since their US debut in July 2024, while corporate treasuries tied to the token are also on the rise. Inflows into Ether funds climbed 44% this month, rising from $9.5 billion on Aug. 1 to $13.7 billion on Aug. 28, according to cryptocurrency research platform SoSoValue. Market participants say renewed institutional demand is fueling the momentum. After an extended period of underperformance relative to Bitcoin and a souring investor sentiment, Ethereum has recently experienced a significant revival in the recognition of both its adoption rate and value proposition, Sygnum Chief Investment Officer Fabian Dori told Cointelegraph. Read more
Trump reiterated calls for $1 million Bitcoin but said the vast majority of market participants still don’t understand digital money. Eric Trump, the son of US president Donald Trump and the co-founder of Bitcoin (BTC) mining firm American Bitcoin (ABTC), said on Friday that there is “no question” that BTC hits $1 million in the next several years. Trump previously predicted that BTC would reach $1 million per coin in December 2024. Speaking to the audience at the Bitcoin 2025 Asia conference in Hong Kong, Trump said: That's an incredible thing, and that's why I've always said that I really believe in the next several years, Bitcoin will hit $1 million. There's no question that Bitcoin hits $1 million,” Trump continued. Read more