Global X Launches Ethereum Covered Call ETF for Weekly Income
Santiment said Ethereum, Solana, Bitcoin, USDC, Pippin and Chainlink drew the most trader attention as markets neared the weekend.
Meanwhile, one analyst warned that ETH investors should "expect wicks" this weekend.
Vitalik Buterin sold about 17,196 ETH in 2026, while the Beacon Deposit Contract remains Ethereum's largest holder with over 82M ETH.
The Ethereum Foundation (EF), the non-profit organization at the heart of the world's most-used blockchain, has staked nearly $100 million in ETH during the last 24 hours.
The Ethereum Foundation has now staked about 69,500 ETH after its latest deposits.
Ethereum holds above $2,000 while Binance ERC20 stablecoin reserves rise, pointing to resistance ahead and stronger exchange liquidity.
On-chain data shows ETH and BTC reserves falling while USDT and USDC balances climb on Binance.
Ethereum's locked supply is building a floor. Now the market watches for the treasury bid that historically ignites parabolic cycles.
In a series of Friday transactions, the Ethereum Foundation (EF) deposited more than 45,000 ETH into staking contracts, with each transaction containing exactly 2,047 ETH. This substantial move elevated the foundation's cumulative staked position to approximately 69,500 ETH — leaving just under 500 ETH remaining to achieve its publicly announced 70,000 ETH objective.
Ethereum trades at $2,054 with mixed signals. CoinCodex forecasts $2,278 target while technical indicators show neutral RSI at 47.47.
BitMine Immersion Technologies ($BMNR) has continued to trade in the high-$19 range despite aggressively expanding its Ethereum (ETH) staking operation, a disconnect that some Wall Street analysts say is creating a potential 'buying opportunity' as the company pivots from passive crypto exposure to fee- and reward-generating infrastructure. Shares of BitMine closed at $19.45 on Thursday ET (April 3), extending a roughly 40% slide over the past three months.