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🆕Ethereum Updates: Dencun Testnet Dates, Exit Queue Spikes, ETF Speculation

The Defiant

DeFi Alpha

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There is lots of fresh action in the Ethereum ecosystem, with Ethereum’s core developers confirming testnet deployment dates for its upcoming Dencun upgrade. Plus, Ethereum's staking exit queue spiked after Celsius confirmed it will unstake its Ether, and speculation that a spot Ether ETF will receive regulatory approval later this year is running rampant.

In other news, institutional crypto products enjoyed their third-strongest yearly inflows during 2023, with BTC accounting for 84.5% of the total.

✍️ In today’s newsletter:

  • Dencun testnet dates confirmed
  • Celsius offboarding drives record staking exit queue
  • Institutional crypto products took in $2.25B last year

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