Ark Invest Files for Spot Ether ETF, Genesis Seeks Repayment From DCG
Sep 7, 2023
Market Update The DXY is continuing its rise, holding above $105, as initial jobless claims came in softer than expected (216k actual vs. 234k expected), reigniting higher-for-longer fears. Equity markets are responding negatively, with the SPX (-0.25%) falling to $4,455 and the NDQ (-0.68%) dropping to $15,250. Crypto markets are holding slightly stronger, potentially responding to Ark Invest filing for a spot Ether ETF (more below). $BTC (+0.70%) has risen to $25.9k and $ETH (+0.39%) is hovering near $1,640. Render Network ($RNDR), which offers distributed GPU services, is outperforming t