PANews, September 25, reported by PR Newswire, Ethereum treasury company ETHZilla (NASDAQ: ETHZ) announced plans to deploy approximately $47 million worth of Ethereum, equivalent to about 10,600 ETH, into the liquid staking reinvestment protocol Puffer. The company hopes to enhance the yield of its Ethereum asset reserves.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Data: Ethereum spot ETF had a total net inflow of $157 million yesterday, with none of the nine ETFs experiencing net outflows.
Yesterday, the total net inflow of Ethereum spot ETFs was $157 million, with Fidelity ETF FETH leading with a net inflow of $61.9449 million, bringing the total historical net inflow to $2.524 billion. Grayscale ETHE had a net inflow of $33.8692 million, with a total historical net outflow of $5.154 billion. As of now, the total net asset value of Ethereum spot ETFs is $11.842 billion.
GateNews10m ago
The crypto market's strong rebound triggered nearly $500 million in short liquidations, with Bitcoin and Ethereum leading the rally, signaling a key bullish trend
The cryptocurrency market has rebounded in the past 24 hours, with a total market capitalization increase of 4.29%. Mainstream assets like DOGE and ETH saw significant gains, and a short squeeze led to approximately $576 million in liquidations. The market will enter a deleveraging phase, and attention should be paid to spot demand and capital flows to confirm the subsequent trend.
GateNews18m ago
Vitalik Buterin unveils Ethereum's upgrade roadmap, aiming for transaction finality within 8 seconds
Ethereum founder Vitalik Buterin has proposed a new network upgrade plan, aiming to reduce block generation time to 2 seconds and compress transaction finalization time to approximately 6 to 16 seconds to enhance performance and security. At the same time, quantum-resistant encryption mechanisms will also be incorporated into the plan. This move is expected to strengthen Ethereum's competitiveness in high-performance blockchains.
GateNews28m ago
ETHZilla rebrands as "Forum Markets": Splitting from DAT's strategic shift towards asset tokenization, it's both a "breakthrough" and a "upgrade"
Written by: Glendon, Techub News
As the cryptocurrency industry accelerates its shift toward compliance, institutionalization, and asset integration, transitioning into the asset tokenization sector seems to be the inevitable trend for the entire industry. Once a leading company among Ethereum treasury firms, ETHZilla Corporation announced yesterday that it has officially changed its name to Forum Markets, Inc., and will conduct its future business under the Forum brand. This marks a strategic pivot for the company, which was previously known for "holding coins," as it adopts a new identity as a platform for tokenizing real-world assets (RWA), embarking on a survival and future-oriented strategic breakthrough.
Approved by Nasdaq, the company's common stock will be listed on March 2
TechubNews30m ago
Whale "0x2bd" Converts 240.44 BTC to ETH and Executes Leveraged Trading Strategy
Gate News bot message, whale address "0x2bd" swapped 240.44 BTC ($15.7M) for 8,152 ETH at 0.02945 via ThorChain yesterday. Today, the whale supplied the ETH into Aave, loop-borrowed $36M USDT, and purchased 17,283 ETH at $2,083. The whale currently holds 25,434.5 ETH ($52.45M).
GateNews59m ago
