sETH (SETH) news

Synthetix will stop exchanging synthetic currencies other than sUSD on Ethereum and migrate users to the V3 system

Andreessen Horowitz invests $100 million in restaking project EigenLayer: Bloomberg

Quick Take Venture capital firm Andreessen Horowitz has invested $100 million in restaking project EigenLayer, Bloomberg reported. Andreessen Horowitz is reportedly the sole backer in a round expected to be announced on Thursday.

EigenLayer hits nearly $6 billion TVL as its uncapped deposits window draws to a close

Quick Take The TVL of Ethereum-based restaking protocol EigenLayer has surged to nearly $6 billion following its deposit cap lifting on Feb. 5. The temporary removal of EigenLayer’s TVL caps comes to a close at 3 p.m. ET today, though it plans to lift caps permanently in the future.

Bitcoin futures ETF ProShares BITO reaches all-time high of over $2 billion assets

The ProShares Bitcoin Strategy ETF (BITO) amassed over $2 billion in assets, reaching an all-time high.The ETF reached $2,010,057,946 in assets at market close on Jan. 8.

Swell's liquid staking protocol sees over $125 million of inflows in December

Quick Take Swell’s liquid staking protocol saw a major increase in inflows, reaching total value locked of 108,000 ether ($245 million). Swell is now the fourth largest liquid staking protocol, behind Lido, Rocket Pool, and Frax.

EigenLayer deposits surpass $900 million amid increased LST caps

Quick Take EigenLayer’s total deposits now exceed $900 million after increased LST caps. Revised caps led to a surge in inflows, currently at more than 410,000 ether.

ProShares Debuts Short Ether Strategy for Crypto Bears

Another ether ETF launches — where do the rest stand?

Lack of flows into ether futures ETFs could signal investors await spot products, which the SEC could rule on by May

ProShares announces launch of short Ether-linked ETF

Tracking stolen crypto — How blockchain analysis helps recover funds

ProShares prepares to launch unique Short Ether Strategy ETF