Ether

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Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, functioning as a fuel for operations within the network. It serves multiple purposes: as a digital currency, it can be bought, sold, and held as an investment; as a utility token, it's used to pay for transaction fees and computational services on the Ethereum network. Ether is integral to running decentralized applications (dApps) and executing smart contracts on Ethereum, providing the necessary resources for these operations. As Ethereum evolves, especially with upgrades like Ethereum 2.0, Ether's role remains central, facilitating not just transactions but also the broader ecosystem of decentralized finance (DeFi) and various blockchain-based applications.

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BTC price, FMA July 26 2024 (CoinDesk)

(Jp Valery/Unsplash)
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(Jp Valery/Unsplash)

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CME Group (Shutterstock)
CME's Ether Futures Record Highest Ever Open Interest of 383K ETH After ETF Debut
The approval and subsequent trading of spot ether ETFs in the U.S. has reinvigorated the market, CME's Giovanni Vicioso said.
CME Group (Shutterstock)

Bitcoin price on July 24 (CoinDesk)
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Ether is now trading on U.S. stock exchanges via newly approved ETFs. (Aditya Vyas/Unsplash)
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Ethereum has more utility than Bitcoin with features like liquid staking, but the question among the ETH ETFs performing as well as BTC ETFs remains ahead of trading.
Ether is now trading on U.S. stock exchanges via newly approved ETFs. (Aditya Vyas/Unsplash)

ETH price, FMA July 23 2024 (CoinDesk)
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ETH price, FMA July 23 2024 (CoinDesk)

The Ethereum blockchain experienced its highest inflationary period in the last quarter: Fidelity. (Unsplash)
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Layer-2 adoption has been impressive since the Dencun upgrade in March, with transactions on these blockchains increasing around 20%, the report said.
The Ethereum blockchain experienced its highest inflationary period in the last quarter: Fidelity. (Unsplash)

Several stacks with coins and the term ETF and a chart with stock prices.
Ether Options Market Bets on Price Gains Post-Spot ETF Approval
Some analysts are forecasting an ether price swoon after ETFs begin trading in the U.S. The options market disagrees.
Several stacks with coins and the term ETF and a chart with stock prices.