🐂Weekly Recap: ETH Rebounds on ETF News

Happy weekend Defiers!

The digital asset markets reversed their recent bearish momentum, with Bitcoin up 7.7% and Ethereum gaining 9.3% over the past seven days.

Ether outperformed the broader crypto markets following news that VanEck, the $80B investment manager, is putting together an ETF that will invest in Ether futures. The firm also pledged to donate 10% of the fund’s profits to the Protocol Guild.