Ethereum open interest surges by 50%, SEC Chair says ETH ETF launch will take more time Ethereum price hovered around $3,860 on Wednesday following Securities & Exchange Commission Chair Gary Gensler expressing his opinion that the launch of spot ETH ETFs may be delayed. Meanwhile, Ethereum derivatives products on exchanges have seen a surge in open interest .
Bitcoin ETFs set for new wave of adoption as Marathon Digital sells portions of its mined coins Bitcoin hit $71,000 on Wednesday as Marathon Digital revealed it sold almost 63% of the coins it mined in May. Meanwhile, US spot Bitcoin ETFs continue to set new records.
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