An investment manager predicts a $10 billion influx with the introduction of Ethereum exchange-traded funds (ETFs). Compound Finance falls victim to a hack, while the US commodities regulator advocates for oversight of Bitcoin and Ether. Tom Dunleavy of MV Global anticipates significant inflows for spot Ether ETFs, potentially reaching new highs by early Q4. He suggests that Ether's scarcity on exchanges could drive substantial investments. Despite the approval of eight spot Ether ETFs by the SEC, trading has not commenced. Meanwhile, a security breach at Compound Finance prompts warnings to users to avoid the compromised website. The breach, confirmed by a team member, poses a risk to personal data and funds. US Commodity Futures Trading Commission Chair asserts Bitcoin and Ether as commodities under their jurisdiction, emphasizing the need for a regulatory framework and education on crypto in the US. Read more AI-generated news on: https://app.chaingpt.org/news