Reported 2 days ago
Ethereum ETFs, led by the iShares Ethereum Trust (ETHA), experienced significant gains following the 'Pectra' network upgrade, which has boosted investor optimism about Ethereum's competitiveness against other cryptocurrencies. Despite a recent surge, ETHA has seen a 43% drop from its peak, reflecting a cautious market where new investments remain limited despite the Ethereum token itself gaining 25% in value over 48 hours post-upgrade.
Source: YAHOO