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Genoveva Aparicio Serrano

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Open access Sep 2026

Do spot ethereum ETFs change macroeconomic price discovery? Hourly evidence from U.S. inflation announcements

Spot Ether exchange-traded funds (ETFs) gave regulated investors direct access to the second-largest cryptocurrency in July 2024. We ask whether this form of institutionalization changed the speed and state dependence of Ethereum's response to scheduled macroeconomic news. We align 84 U.S. CPI releases from 2019 to Mar...

Ricardo Teruel-Gutiérrez, Genoveva Aparicio Serrano · 0 citations

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