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  • Yahoo Finance Video

    Spot ether ETFs: What this new asset mean for your portfolio

    Spot ethereum ETFs, tied to the cryptocurrency ethereum (ETH-USD), are seeing declines since their trading debuts Tuesday morning. Morningstar passive strategies research director of North America Bryan Amour joins Wealth! to give insight into these new ETF products and whether or not it is a good strategy for investors to add these crypto-exposed funds to their portfolios. "Bitcoin ETFs had a very successful run to start in January. And that's continued. We would expect ethereum ETFs to follow a similar blueprint," Armour says. "Ethereum is about a quarter of the market cap of bitcoin overall. And so we'd expect similar assets, similar flows coming in, but perhaps a little bit less than bitcoin due to the fact that it's a smaller market. And because of the fact that bitcoin came off the heels of a decade of trying to get spot bitcoin ETFs approved." He explains the benefits of investing in ETFs rather than buying straight into the crypto market: "The ETF allows you to buy inside your your own portfolio through your same broker dealer. It takes the custody out of your hands so that you don't have to keep a crypto key or be worried about where you're housing your cryptocurrencies... There's difference in cost as well. Their trading fees tend to be higher for cryptocurrencies on a crypto exchange." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino

  • Yahoo Finance

    Ether ETFs to start trading after SEC green light: Money managers

    BlackRock, Fidelity, and other big money managers said they got the final approval from regulators to start offering ether ETFs to everyday investors.

  • CoinDesk

    Ethereum Experienced Its Highest Inflationary Period in the Last Quarter: Fidelity

    Layer-2 transactions have increased 20% since the Dencun upgrade in March, and that success could be a positive sign for the future of the network, the report said.