Ethereum April 2024 Headlines: What’s Really Happening with ETH Price Action?
1 year ago
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Key takeaways:
ETH experienced significant price swings in April, reaching a high of $3,723 and a low of $2,863.
Ethereum-based crypto investment products experienced negative outflows, indicating a shift in investor sentiment.
The US SEC delayed making a decision on spot Ether ETF proposals from Franklin Templeton and Grayscale. At the same time, the Hong Kong Stock Exchange launched spot Bitcoin- and Ether-based ETFs, managed by China Asset Management, Harvest Global, Bosera, and HashKey.
Ethereum staking hit a new all-time high, with over 27,1% of all Ether staked.
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