U.S. stock market intraday update: Grayscale Ethereum Trust ETF up 10.56%

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2025.08.22 15:06
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Grayscale Ethereum Trust ETF rose by 10.56%

U.S. Stock Market Midday Update

Grayscale Ethereum Trust ETF rose by 10.56%, with increased trading volume. Based on recent key news:

  1. On August 21, Singapore's DBS Bank announced it would offer structured notes based on Ethereum to qualified investors through a third-party digital platform and exchange, driving up Ethereum demand and prices.

  2. On August 22, a JPMorgan report showed that Ethereum ETFs attracted record inflows, further driving up prices.

  3. On August 20, CoinGlass data indicated that top traders increased their long positions in Ethereum, supporting bullish sentiment