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Spot Ethereum ETF issuers post fee and seed investment disclosures in latest wave of amended filings
Spot Ethereum ETF issuers post fee and seed investment disclosures in latest wave of amended filings

Quick Take BlackRock, VanEck, Franklin Templeton, Grayscale Investments and 21Shares filed those amended statements on Friday. Bitwise and Fidelity filed earlier. VanEck set its fee at 0.20% after Franklin Templeton set theirs last month at 0.19%. Other issuers have not yet posted fees.

The Block·2024/06/21 21:49
Fantom introduces $120M fund to drive development on Sonic blockchain
Fantom introduces $120M fund to drive development on Sonic blockchain

Share link:In this post: Fantom Foundation has allocated 200 million FTM tokens, worth $120 million, to the Sonic Labs Innovators Fund. The foundation wants to use the fund to incentivize developers to build on the yet-to-be launched Sonic Network. Community grants is becoming a common trend among blockchain projects looking to attract developers to their ecosystem.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the informat

Cryptopolitan·2024/06/21 19:40
Spot Ethereum ETFs to launch July 2nd, says Bloomberg analyst
Spot Ethereum ETFs to launch July 2nd, says Bloomberg analyst

Share link:In this post: Spot Ethereum ETFs are set to launch on July 2nd, pending final SEC approval. Bloomberg analyst Eric Balchunas confirms multiple amended ETH ETF filings expected today.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Cryptopolitan·2024/06/21 19:40
Flash
19:12
Sources: Multiple U.S. States Considering Lawsuit to Block Paramount's Acquisition of Warner Bros.
On June 6, it was reported that chief attorneys from several U.S. states are drafting a legal document to challenge Paramount Global's $110 billion acquisition of Warner Bros. Discovery (WBD.O), laying the groundwork for an antitrust lawsuit against this massive Hollywood deal. According to informed sources, senior officials from about 10 states have begun drafting complaint documents and discussing legal procedures to potentially file a lawsuit within this month to block the merger. California, a hub for the entertainment industry, is leading this effort. No final decision has yet been made regarding the filing of a lawsuit or which states will join the action. Most of the states considering the lawsuit are led by Democratic attorneys general, but at least two Republican attorneys general are also involved in the investigation. Officials from California and other states have reportedly met with Paramount and opponents of the deal, requesting sworn statements or testimonies that could be used in the lawsuit.
17:47
Jiang Zhuo'er: Bitcoin Has Not Successfully Broken Below $60,000 Support, Potential Rebound Over the Weekend
BlockBeats News, June 6th, BitDeer Mining Pool (B.TOP) founder Jiang Zhuo'er stated in a post that Bitcoin has not effectively dropped below the $60,000 strong support. The price difference between an exchange is shrinking, indicating that the selling pressure from ETFs and other US stock institutions is decreasing. There may be a rebound in the crypto market over the weekend. Yesterday, Jiang Zhuo'er announced that he had "bought the dip" and repurchased all his ETH holdings at $1645, expecting to start selling after a rebound in 1 to 3 days.
17:02
Tonight, the "Gathering of Heroes" sees the Whale perform buy-the-dip, accumulation, liquidation, and onlooker behaviors, where only those who respect the market can sail far.
BlockBeats News, June 6th. Tonight is destined to be a sleepless night for stock and crypto investors. Impacted by the better-than-expected employment data, the U.S. stock market opened lower and quickly experienced a deep decline. As of press time, the downward trend has not stopped, with the Nasdaq falling by 3.00%. Several AI stocks that were previously hyped saw significant pullbacks. The crypto market is even bloodier. As expected, a familiar scene of liquidation and repositioning played out. However, tonight there were also multiple whales accompanying this: A whale who leveraged 104,772.57 WETH for a long position on-chain also experienced partial liquidation. It is worth mentioning that this whale was the same one who bought the dip during El Salvador's February sell-off. However, with the changing times, as this whale watched helplessly as their position was liquidated tonight, El Salvador was already lamenting on the shore about the astonishing speed of the market decline. In addition, during the on-chain whale liquidation, several well-known traders were bottom fishing and giving out signals. The most famous among them is the whale known as "Setting 10 Big Targets First," who opened a position at $60,153.8 per BTC, buying 2,835.32 BTC, worth $170 million. Killa is slowly accumulating with spot positions and low leverage. Ansem, on the other hand, advises users not to rush to bottom fish. The market is like an ocean, attracting all kinds of talents, with whales churning the waters. Some awaken during liquidation, while others accumulate during the bloodbath. True wisdom lies not in catching the bottom but in surviving through each cycle. Tonight, no one can escape the waves; tomorrow, only those who show reverence can continue to sail.
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