Geopolitics Alpha

Ethereum, Base give up on common wallet standard after months of talks

Published . Updated .

Ethereum is moving ahead with EIP-8141 while Coinbase-backed Base backs EIP-8130, leaving wallets and apps that span both networks facing different transaction systems.

Directly affected

  • No company is named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MSTR Strategy

    This company's value is tied to its bitcoin holdings

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • ETHA iShares Ethereum ETF

    GA selected ETHA as a RELATED security because its canonical security name directly matches this event's themes: ethereum. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • CGOV CORGI ETF TR I 0-3 MONTH T-BIL

    GA selected CGOV as a RELATED security because its canonical security name directly matches this event's themes: months. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • ETHW BITWISE ETHEREUM ETF

    GA selected ETHW as a RELATED security because its canonical security name directly matches this event's themes: ethereum. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • OBIL US TREASURY 12 MONTH BILL ETF

    GA selected OBIL as a RELATED security because its canonical security name directly matches this event's themes: months. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IBIT———————
COIN———————
MSTR———————
MARA———————
RIOT———————
HOOD———————
ETHA———————
CGOV———————
ETHW———————
OBIL———————

Ethereum is moving ahead with EIP-8141 while Coinbase-backed Base backs EIP-8130, leaving wallets and apps that span both networks facing different transaction systems.

Source: CoinDesk

The price since 16 Sep 2026: iShares Ethereum Trust ETF (ETHA) versus the S&P 500

Since the first closing price after “Ethereum, Base give up on common wallet standard after months of talks,” iShares Ethereum Trust ETF (ETHA) is +193.07%. The S&P 500 fund (SPY) is +0.52% over the same days, a +192.55% difference versus the market.

ETHA
SPY

Who gains and who loses around iShares Ethereum Trust ETF (ETHA)

Companies carried with this story

  • ETHA iShares Ethereum Trust ETF

    In “Ethereum, Base give up on common wallet standard after months of talks,” iShares Ethereum Trust ETF (ETHA) is linked, with no stored direction, medium confidence. Reason on file: GA selected ETHA as a RELATED security because its canonical security name directly matches this event's themes: ethereum. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CGOV Corgi Etf Tr I 0-3 Month T-Bil

    For “Ethereum, Base give up on common wallet standard after months of talks,” Corgi Etf Tr I 0-3 Month T-Bil (CGOV) is linked, with no stored direction, medium confidence. Reason on file: GA selected CGOV as a RELATED security because its canonical security name directly matches this event's themes: months. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ETHW Bitwise Ethereum ETF

    In “Ethereum, Base give up on common wallet standard after months of talks,” Bitwise Ethereum ETF (ETHW) is linked, with no stored direction, medium confidence. Reason on file: GA selected ETHW as a RELATED security because its canonical security name directly matches this event's themes: ethereum. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • OBIL Us Treasury 12 Month Bill Etf

    In “Ethereum, Base give up on common wallet standard after months of talks,” Us Treasury 12 Month Bill Etf (OBIL) is linked, with no stored direction, medium confidence. Reason on file: GA selected OBIL as a RELATED security because its canonical security name directly matches this event's themes: months. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • QETH Invesco Galaxy Ethereum ETF

    In “Ethereum, Base give up on common wallet standard after months of talks,” Invesco Galaxy Ethereum ETF (QETH) is linked, with no stored direction, medium confidence. Reason on file: GA selected QETH as a RELATED security because its canonical security name directly matches this event's themes: ethereum. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • SIXP Allianzim U.S. Equity 6 Month Buffer10 Mar/Sep Etf

    Allianzim U.S. Equity 6 Month Buffer10 Mar/Sep Etf (SIXP) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Ethereum, Base give up on common wallet standard after months of talks.” Reason on file: GA selected SIXP as a RELATED security because its canonical security name directly matches this event's themes: months. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

iShares Ethereum Trust ETF (ETHA)

The 16 Sep 2026 story “Ethereum, Base give up on common wallet standard after months of talks” names iShares Ethereum Trust ETF (ETHA) because of this story.

iShares Ethereum Trust ETF (ETHA) is on the page because GA selected ETHA as a RELATED security because its canonical security name directly matches this event's themes: ethereum. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Corgi Etf Tr I 0-3 Month T-Bil (CGOV): GA selected CGOV as a RELATED security because its canonical security name directly matches this event's themes: months. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for iShares Ethereum Trust ETF (ETHA)

CGOV traded between 24.97 and 25.09 across 7 sessions. The latest close on file is 25.05. ETHA traded between 19.89 and 61.65 across 20 sessions. The latest close on file is 54.10. ETHW traded between 16.61 and 19.79 across 20 sessions. The latest close on file is 17.09.

A simple score for iShares Ethereum Trust ETF (ETHA)

46 out of 100

“Ethereum, Base give up on common wallet standard after months of talks” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.