Headlines
▌Bloomberg analyst: SEC is giving final opinions on ETFs and issuers will submit final comments soon Version 19b-4 and S-1
Bloomberg analyst Eric Balchunas said that the SEC is giving final opinions on spot Bitcoin ETFs and issuers will soon submit final 19b-4 and S-1 filings. "It's definitely the closest we've ever been to a 'done' thing, but as far as I know it hasn't been officially approved yet," he said.
▌Bloomberg analyst: SEC “implicitly” treats ETH as a commodity, and spot Ethereum ETF may be approved this year
Bloomberg ETF analyst James Seyffart said that the SEC has “implicitly” accepted Ethereum as a commodity when approving the Ethereum futures ETF, which means that we may see spot Ethereum this year. ETF is listed.
Seyffart said that the SEC may not have enough room to challenge the token classification. The analyst noted: “If they were to call Ethereum a security, then that would be going against sister regulator the CFTC. That’s why I think we could see a potential Ethereum ETF approved this year.”
The SEC’s final decision deadline for VanEck, ARK 21Shares, and Hashdex Spot Ethereum ETFs is May 2024.
Quotes
As of press time, according to coinmarketcap data:
The recent transaction price of BTC was 44,154 US dollars, with fluctuations during the day. Frame+0.21%;
ETH Recent The transaction price was US$2267.45, and the intraday increase or decrease-0.42%;
BNB The recent transaction price was US$323.5, with intraday changes +1.19%;
XRP’s recent transaction price was US$0.5871, with intraday gains and losses+0.27% ;
The recent transaction price of DOGE was US$0.0840, with an intraday increase or decrease of -0.02% ;
ADA’s recent transaction price was US$0.5705, with an intraday increase or decrease of -0.73 %;
SOL’s recent transaction price was US$105.09, with intraday gains and losses+4.44%.
Policy
▌US media: Many companies’ spot Bitcoin ETFs are very close to winning Approval
According to news website TechCrunch reporter Jacquelyn Melinek, sources said that the spot Bitcoin ETF is "very close" to being approved by the SEC, and "many" companies will be approved. Specific notifications are expected tomorrow. (Friday) announcement.
Blockchain Applications
▌Data: Top 150 Ethereum self-hosted wallet holders The amount of some ETH has reached a record high
Data released by Santiment shows that ETH self-hosted whale wallets are continuing to accumulate Ethereum, while exchange whale wallets remain at a low level.
The number of ETH held by the top 150 Ethereum self-hosted wallets hit a record high, approximately 56.25 million. The ETH held by the top 150 exchange wallets is close to the lowest value since June 2018, at 9.46 million.
Cryptocurrency
▌Wilshire Phoenix submitted a new prospectus for its Bitcoin Fund
A public document shows that Wilshire Phoenix submitted a new prospectus for its Bitcoin Fund (wShares Bitcoin Fund) (S -1), the fund will charge a fee of 0.75% and hold Bitcoins in custody on the Fidelity platform. Bloomberg analyst James Seyffart noted that this is Wilshire Phoenix’s 11th S-1 revision for the trust.
▌Fidelity Digital Assets releases “Understanding Proof of Work” report
Fidelity Digital Assets today released a report titled “Understanding Proof of Work,” which aims to provide investors with an introduction to Bitcoin mining, explaining Bitcoin mining or “Proof of Work.” ” and show how this functionality relates to multiple properties of Bitcoin.
▌Bitfinex: Derivatives traders expect Bitcoin market to 'Unprecedented' volatility
Bitfinex analysts said derivatives traders expected "unprecedented" volatility in the Bitcoin market. As the industry awaits news of the approval of more than a dozen spot Bitcoin ETFs, signals from the options market suggest that derivatives traders are currently expecting higher volatility than will be observed across the market in 2023.
Bitfinex data shows that implied volatility has reached recent highs, above the historical average volatility of 41.1%. Bitfinex analysts said: "Traders are bracing for possible unprecedented price swings in Bitcoin, based on signals from the options market."
▌ARK Invest files a securities registration application with the SEC for a spot Bitcoin ETF
According to In a public document, ARK Invest/21 Shares has submitted a securities registration application, known as Form 8-A, to the SEC for its spot Bitcoin ETF.
▌Grayscale CEO: We are at an inflection point for spot Bitcoin ETFs
Grayscale CEO Michael Sonnenshein in interview Zhong said: "We are at an inflection point for spot Bitcoin ETFs. Perhaps a new asset will be born only once in a generation (if ever). We fundamentally believe that cryptocurrency is one of the once-in-a-lifetime opportunities." .
▌The founder of ACE Exchange was arrested on suspicion of fraud, and police seized illegal assets worth US$6.4 million
According to local media "Liberty Times", Taiwan's largest cryptocurrency exchange One of the founders of ACE Exchange, David Pan, was arrested on suspicion of planning a fraud. Police seized illegally obtained assets worth at least NT$200 million (US$6.4 million).
A spokesman for ACE Exchange said that although David Pan founded the company, he stopped participating in daily operations in 2022. The spokesperson pointed out that ACE Exchange is currently cooperating with the police investigation as a witness.
Important Economic Dynamics
▌Major adjustments to the local financial regulatory system, "emphasis on development and neglect of supervision" "Hope to turn things around
It is understood that the local financial regulatory system will undergo major adjustments. The direction of adjustment follows the "Party and State Institutional Reform Plan" proposed in "Establishing a local financial supervision system dominated by local offices of the central financial management department, and coordinating and optimizing the establishment and allocation of local offices of the central financial management department. The establishment of local governments The financial regulatory agencies will be responsible for regulatory responsibilities and will no longer have financial work bureaus, financial offices and other brands.” According to relevant sources from local financial regulatory departments in multiple provinces and cities, in the institutional reform below the provincial level, in addition to provincial capital cities, deputy governors In addition to provincial cities and cities under separate state planning, the local financial regulatory bureaus (or local financial offices) that have been established in ordinary prefecture-level cities, districts and counties may no longer be retained. (Securities Times)
Golden Encyclopedia
▌Types of NFT scams
While the world of NFTs offers tremendous opportunities for creators and collectors, it is also rife with Scams of all types. Here are the most common types of NFT scams: Copy NFT/Fake NFT, NFT Ponzi Scheme, Rug Pull Scam, Bidding NFT Scam, NFT Pump and Dump, Phishing Scam, NFT Airdrop or Giveaway Scam, Website Scam, etc.
Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to increase your risk awareness.
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