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Spot bitcoin exchange-traded funds are on a hot streak amid Ethereum ETF hype
Spot bitcoin exchange-traded funds are on a hot streak amid Ethereum ETF hype

Spot bitcoin ETFs in the U.S. registered their seventh straight day of net inflows yesterday.BlackRock’s iShares Bitcoin Trust brought in the lion’s share of $290 million.The potential approval of spot ether ETFs has injected a lot of hype into the wider crypto market.

The Block·2024/05/22 08:04
Ethereum ETF Issuers Amend SEC Forms, But Launches May Take Months
Ethereum ETF Issuers Amend SEC Forms, But Launches May Take Months

The race to get America’s first spot Ethereum exchange-traded fund is heating up as issuers scramble to amend their applications before the deadline.

Cryptopotato·2024/05/22 06:52
10,000 BTC Worth Only $25? The Unforgettable Bitcoin Pizza Story
10,000 BTC Worth Only $25? The Unforgettable Bitcoin Pizza Story

On May 18, 2010, programmer Laszlo posted that he hoped to exchange 10,000 bitcoins for two large pizzas. Three days later, cryptography enthusiast jercos spent $25 to buy two pizzas and sent them to Laszlo, receiving 10,000 bitcoins in return.

PANews·2024/05/22 06:43
Flash
01:11
GSK is reportedly in talks to acquire NUVALENT
Glonghui June 9 | According to market sources, GSK is in negotiations to acquire the biotechnology company NUVALENT, with the transaction amount exceeding $9 billion.
01:03
United States Steel Corporation: Nippon Steel's total investment in the Mon Valley plant could reach up to 2.5 billion dollars
Glonghui June 9|Nippon Steel subsidiary, United States Steel: Nippon Steel’s total investment in the Mon Valley plant could reach up to $2.5 billion, which is double the initial commitment. The latest forecasts show that the total investment could be around $2 billion to $2.5 billion. In August 2024, Nippon Steel announced that it would invest no less than $1 billion in the Mon Valley plant.
01:00
The US stock market capitalization to GDP ratio rises to 238%, reaching a record high.
According to Odaily, The Kobeissi Letter posted on X that the ratio of the US stock market capitalization to GDP has risen to a record high of 238%. The current total market value of the stock market has reached $75.7 trillion, far exceeding the economic scale of about $31.8 trillion. Since the S&P 500 bottomed out on March 30, this ratio has increased by 38 percentage points, which is 90 percentage points higher than the peak level of around 148% during the 2000 internet bubble. Since the 2008 financial crisis, the growth rate of the US stock market has been five times that of the underlying economy.
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