CryptoSlate August 29, 2026

Crypto ETFs appeared to hit $10B in hours, but filing data exposes where that money really came from

Crypto ETFs appeared to hit $10B in hours, but filing data exposes where that money really came from

US spot Ethereum ETFs appeared to begin trading with $10.36 billion already inside them, an opening balance large enough to resemble an institutional buying wave before the first full session ended. However, almost all of that amount came from ETH that Grayscale's older trusts already held, so the launch moved an existing pool into exchange-traded […]

The post Crypto ETFs appeared to hit $10B in hours, but filing data exposes where that money really came from appeared first on CryptoSlate.

You might also like

Sherrod Brown's Ohio edge threatens a rough go fo…
Nov 01, 2026 Read
FBI blames North Korea for $6 billion Binance hac…
Nov 01, 2026 Read
AI wants Bitcoin miners’ power, but the contracts…
Nov 01, 2026 Read
Anthropic’s Claude AI Predicts a Seismic BNB Move…
Nov 01, 2026 Read