Crypto Buyers Flock to BlockDAG as $100M Presale Milestone Nears! Explore SUI’s Sharp Rise with Upcoming Ethereum ETF
The post Crypto Buyers Flock to BlockDAG as $100M Presale Milestone Nears! Explore SUI’s Sharp Rise with Upcoming Ethereum ETF appeared on BitcoinEthereumNews.com.
Monochrome Asset Management is set to introduce its Ethereum ETF (IETH) on the Cboe exchange in Australia. At the same time, SUI has soared by 124% in the past month, standing out in a tough crypto market. On the other side, BlockDAG’s presale is also heating up, quickly approaching the $100 million mark. People are eager to buy BlockDAG (BDAG) coins at potentially the lowest prices. With predictions that BDAG could reach $20 by 2027, the presale is seeing a rush as people hurry to buy before it’s too late. Monochrome’s Ethereum ETF to Launch in Australia Monochrome Asset Management is ready to launch its Ethereum ETF (IETH) in Australia on the Cboe exchange, starting Monday. This follows the success of its Bitcoin ETF (IBTC). The IETH offers a tax advantage for those adding Ethereum, thanks to its trust structure. Though the Australian market might not see as large investments as U.S. ETFs, Monochrome is optimistic about growing interest in Ethereum. The ETF will mirror the CME CF Ether-Dollar Reference price and charge a 0.50% management fee, lower for certified advisers. This ETF presents a simple, tax-friendly option for engaging with Ethereum. SUI’s Price on the Rise: Eyes Set on New Peaks SUI has been climbing, outperforming the broader crypto market. In the past month, SUI surged by 124%, and recently spiked 20% in a day, unlike other major tokens. This boost is partly due to the upcoming addition of the USDC stablecoin on the Sui Network. With USDC as the second-largest stablecoin, its introduction is likely to increase on-chain activity and investor enthusiasm. Additionally, support from a major crypto exchange is amplifying SUI’s visibility. Currently priced at about $2.01, SUI is showing signs of a strong upward trend, with many expecting it to reach new highs soon. BlockDAG’s Presale…
Filed under: News - @ October 20, 2024 7:23 pm