Eight of the top 10 best performing ETFs last week were digital currency funds, largely led by Ethereum futures funds, eft.com writes in its daily note. The best performing fund was ProSharesโ Ether Strategy ETF (EETH), which gained 12 percent. This ETF manages a total of roughly $63 million in assets.
EY, one of the four major accounting firms, has launched a contract management solution based on Ethereumโs blockchain, CryptoNews reports. โDeploying on a public blockchain is not only cheaper, but also much more scalable, helping enable many-to-many integrations on an open platform with no one company having an unfair advantage by controlling the network,โ EYโs global blockchain leader, Paul Brody, is quoted as saying.
Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with bearish clouds linger over Ether, Avalanche and Uniswap, signaling downside risks. However, Bitcoin, Binance Coin, Cardano and Rippleโs XRP will be profiting from a bullish sun and upside potential.
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