#market

ProShares' new initiative is centered on its Short Ether Strategy ETF, an instrument shaped to profit from ETH's downward price movements. This initiative may draw investors interested in volatile market actions or in search of hedging opportunities. With its registration expected to be in place by October 15th, the ETF's debut is planned for the onset of November.

Ripple's Technical Director, David Schwartz, has stated that the development team can quickly implement an Automatic Market Maker (AMM) feature if validators support this proposal.

Over the past seven months, Binance's market share in the cryptocurrency spot market has dwindled from 55.2% to 34.3%, and in the derivatives market, it has dropped to 51.5%.

Facing the challenges of a dynamic market, CertiK, a prominent figure in blockchain auditing, has parted ways with 15% of its staff.

The decentralized exchange Uniswap has introduced a new feature for the 4th version of its protocol. It's called the Time-Weighted Average Market Maker (TWAMM) and is designed to minimize the impact of the swap order size on its execution price.