Nansen is giving Ether ETF investors a new playbook with insights at their fingertips.
Well-known blockchain analytics provider, Nansen has launched the industry’s first Ether exchange-traded fund (ETF) analytics dashboard.
This free-to-use dashboard will monitor the performance of the much-anticipated U.S.-based spot Ether ETFs, offering traders real-time access to crucial data, including an interactive ETF flow chart and total ETF issuer balances.
This free tool, approved by the US Securities and Exchange Commission (SEC) to ETF issuers on July 22, is a major milestone for the industry, according to Nansen CEO Alex Svanevik, who announced:
“We’re excited to introduce our ETH ETF dashboard, which demonstrates how Nansen equips investors with real-time insights. As the first of its kind, it delivers essential information on ETF flows, aiding informed decision-making.”
The introduction of spot Ether ETFs is expected to inject new life into the crypto market, attracting both institutional and retail investors. Analysts are optimistic about significant inflows, with some predicting Ether ETFs could capture around 25% of the assets under management of existing Bitcoin ETFs. This could also bolster institutional participation in the crypto sector, according to Nansen analyst Edward Wilson.
However, not everyone is convinced of Ether ETFs’ immediate success. Eric Balchunas, a senior ETF analyst, suggests Ether ETFs might play a supporting role to Bitcoin ETFs in terms of inflows.
Historically, ETFs have proven to be catalysts for price appreciation. Bitcoin ETFs, for instance, accounted for 75% of new investments leading up to Bitcoin’s surge above $50,000.
Earlier today, the platform also launched Alpha Perks, a new program offering exclusive discounts and access to premium crypto products to its Alpha members. This initiative aims to solidify Nansen’s position as the leading onchain community.
One of the featured perks is a partnership with Velo Data, a platform providing real-time exchange data for both centralized and decentralized markets. Velo Data’s user-friendly interface and API integration make it a valuable tool for investors seeking comprehensive market insights.
