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Wu said daily selected encryption news - SEC latency multiple encryption ETF application review procedures
1.SEC latency multiple encryption ETF application review process
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the Grayscale spot SOLANA ETF to allow more time for evaluation. The U.S. Securities and Exchange Commission (SEC) has postponed the review of the iShares Bitcoin Trust's application for modifications to the creation and redemption rules and the Grayscale spot Litecoin ETF application.
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2.K33: The derivatives market did not show overheating after Bitcoin returned to $100,000, which may support a new high.
K33 Research tweeted that Bitcoin has broken through the 100,000 USD mark again under sustained strong momentum. Unlike previous occasions when it broke through 100,000 USD, the derivatives market currently shows no signs of overheating, and the overall market sentiment remains relatively cautious, which further enhances the possibility of Bitcoin continuing its upward trend and setting a new historical high.
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The Ethereum Foundation has announced the launch of the "Trillion-Dollar Security Program," aimed at comprehensively enhancing the security of the Ethereum ecosystem across multiple aspects such as user experience, wallets, smart contracts, infrastructure, and consensus protocols. This project will be advanced through three main directions: full-stack security risk assessment, improvements in key areas, and more transparent information dissemination. The goal is to enable users to safely manage assets on-chain while supporting institutions and governments in hosting trillion-dollar-level value on Ethereum. The project is led by foundation members Fredrik Svantes and Josh Stark.
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4.CryptoQuant CEO: All three major presidential candidates in South Korea support Bitcoin spot ETFs and institutional investment.
Ki Young Ju, the founder and CEO of CryptoQuant, tweeted that all three major presidential candidates in South Korea support Bitcoin spot ETFs and institutional investment. Currently, South Korea still prohibits Bitcoin ETFs and institutional investment, with 100% of market trading volume coming from retail investors.
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Tiger Brokers (Hong Kong) has launched cryptocurrency deposit and withdrawal services, supporting deposits, trading, and withdrawals of mainstream cryptocurrencies such as Bitcoin and Ethereum. This platform is also a licensed virtual asset trading service App under the Hong Kong Securities and Futures Commission. Previously, Futu (Hong Kong) opened cryptocurrency asset recharge for users in Hong Kong.
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