Key Points
-
Bitcoin reached a new all-time high of $125,500 amid government shutdown concerns, and Ethereum followed along.
-
Grayscale enabled staking on its Ethereum ETFs, offering roughly 3% annual returns to investors.
-
Other Ethereum ETF providers will likely follow Grayscale’s lead someday and enable staking.
The Ethereum(CRYPTO: ETH) cryptocurrency is having a great day today. The second-largest name in crypto (and leading smart contracts platform) is up by 4.3% in 24 hours as of 1:30 p.m. ET. The move is part of a broad uptrend in the crypto market, but Ethereum also brought a couple of unique catalysts to the party.
Image source: Getty Images.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »
Bitcoin hits new highs and two Ethereum ETFs add dividend-like payouts
First, I must note that Bitcoin just reached a new…
