Jamie Crawley is a CoinDesk news reporter based in London.
BTC is priced just under $67,800 at the time of writing, practically unchanged over 24 hours. The CoinDesk 20 Index lost nearly 2%, with meme coins SHIB and DOGE leading the declines, down 5.2% and 3.7% respectively. Traders are looking toward Friday's U.S. PCE announcement, which Japanese crypto exchange bitBank warned could spell further losses.
The listing of a spot ether ETF by the end of June is"a legit possibility," Bloomberg analyst Eric Balchunas said"On May 21, 2024, the Seed Capital Investor, an affiliate of the Sponsor, subject to conditions, purchased the Seed Creation Baskets, comprising 400,000 Shares at a per-Share price equal to $25.00," the S-1 form showed."The net asset value of the Trust was $10,000,000.
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