Fidelity (@Fidelity) invests $4.7M to seed its spot Ethereum ETF, purchasing 125,000 shares at $38 each. This makes Fidelity the first to file an amended S-1 Registration Statement for a spot Ether ETF. #EthereumETF #Update
VanEck’s spot Bitcoin ETF launched on ASX with $985K initial investment, expected to attract $1B AUM in Australia. Bloomberg analyst predicts $3B growth in Asia Pacific, including Hong Kong & South Korea. #BitcoinETF #Update
3iQ files for North America’s first Solana-based spot ETF, QSOL, set to trade on the Toronto Stock Exchange. Offering simplified investment in $SOL, it promises 6-8% profit through staking. Available in Canada (excluding Quebec). Custodians: Coinbase Custody & Tetra Trust. #Update
Canadian firm 3iQ Corp files to launch North America’s first Solana ETF, $QSOL, on the Toronto Stock Exchange. This move, following U.S. approval of spot Ethereum ETFs, aims to simplify Solana exposure for investors. #Update #CryptoNews
Pendle token surged 25% as @CryptoHayes invested $500K. Pendle’s TVL hits $6.9B, now the 5th largest DeFi network. Offering up to 25% yields, it attracts 27,686 holders. Hayes’ move boosts market confidence. #CryptoNews
Bitwise CEO Hunter Horsley hints at a major $ETH spot ETF announcement by July 4. With a $2.5M seed investment and Pantera’s $100M interest, experts see potential SEC approval, driving ETH above $3,500. #Update #Ethereum #CryptoNews
Montenegro PM Milojo Spajić invested $75K in Terraform Labs in 2018, buying 750,000 Terra Classic ($LUNC) tokens at $0.1 each. These peaked at $119 in 2022 before crashing to zero, potentially costing Spajić $90M. He claims the investment was through Das Capital SG. #CryptoNews
Yield App’s Angel Launchpad democratizes crypto investment with secure, low-barrier access starting at $100. With rigorous due diligence and no hacks, it offers higher allocation amounts and broad participation. #CryptoInvestment #Update
The Sandbox invests in six memecoins, including $DOGE and $SHIB, to boost crypto communities and expand its Web3 presence. This move, aligned with DWF Labs’ strategies, aims to enhance user engagement and creativity in the metaverse. #Crypto #Update
The @SECGov is set to approve Spot Ethereum ETFs by July 2, following regulatory clarity and market interest. Companies like Bitwise have updated filings to meet SEC standards. Approval could enhance investor confidence. #Ethereum #Update
Pantera Capital aims to raise $1B for a new fund, allocating $200M for AI investments. The first closure is expected in 2025. This move highlights AI’s future integration and combines it with blockchain tech. #AI #Blockchain #Update
US spot Bitcoin ETFs experienced a $152.42M outflow on June 18, 2024, marking the fourth day of withdrawals totaling $714.5M. Fidelity’s $FBTC led with $83M outflow, followed by $GBTC at $62M. Analysts warn potential Bitcoin price drops. #Update #Bitcoin #CryptoMarket
Bitwise updates its S-1 for an Ethereum ETF after SEC feedback. With a $2.5M seed investment and Pantera Capital’s interest in $100M shares, the SEC’s recent approvals mark significant progress. Market sentiment remains mixed. #CryptoETF $ETH
21Shares appoints Federico Brokate, ex-head of iShares, to lead U.S. ETF operations. The firm manages six crypto-asset ETFs worth $3.2B and recently launched a spot Bitcoin ETF. #CryptoETF #Update
