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#BTC #ETH #etf 🔥Spot Bitcoin ETF's Latest Developments🔥 (Part-35) [Bitcoin (BTC) Price Forecast: Traders Peg 💵50K as Next Target as BTC Loses Key Support Level](https://www.binance.com/square/post/7535158573977) [IBIT Records First Single-Day Net Outflow](https://www.binance.com/square/post/7538239332705) [Bitcoin Spot ETF Records Highest Net Outflow in History](https://www.binance.com/en/square/post/7544639062425) [Financial Institutions May Begin Spot ETF Trading in Coming Months, Says BlackRock Digital Assets Head](https://www.binance.com/en/square/post/7556004361682) [French Bank BNP Paribas Discloses Bitcoin Purchase Through ETF](https://www.binance.com/en/square/post/7557572275442) [US Legislators Urge SEC to Approve Bitcoin Spot ETF Options](https://www.binance.com/en/square/post/7558785500738) [Hong Kong Bitcoin ETF Holds 4088 BTC After Two Trading Days](https://www.binance.com/en/square/post/7582462008842) [BTC ETFs Expected to See Net Outflow of Approximately 579 BTC](https://www.binance.com/en/square/post/7592254567209) [Bitcoin ETFs Decrease Holdings Amid Market Volatility](https://www.binance.com/en/square/post/7598265630449) [Bitcoin's On-Chain Metrics Indicate Potential Strong Recovery](https://www.binance.com/en/square/post/7598822431585) [US Non-Farm Employment Figures for April Show a Decrease](https://www.binance.com/en/square/post/7602443228569) [US Unemployment Rate Slightly Higher Than Expected in April](https://www.binance.com/en/square/post/7602463246066) [Traders Anticipate Earlier Federal Reserve Rate Cut](https://www.binance.com/en/square/post/7602800692234) [Financial Guru Robert Kiyosaki Shares Six Rules for Surviving a Market Crash](https://www.binance.com/en/square/post/7604228870666) [Hong Kong Asset Management Firms Purchase 💵112 Million in US Bitcoin Spot ETFs](https://www.binance.com/en/square/post/7605771734025) [Institutional Interest in Bitcoin ETFs Revealed Through 13F Filings](https://www.binance.com/en/square/post/7609895782978) #HotTrends

#BTC #ETH #etf

🔥Spot Bitcoin ETF's Latest Developments🔥 (Part-35)

Bitcoin (BTC) Price Forecast: Traders Peg 💵50K as Next Target as BTC Loses Key Support Level

IBIT Records First Single-Day Net Outflow

Bitcoin Spot ETF Records Highest Net Outflow in History

Financial Institutions May Begin Spot ETF Trading in Coming Months, Says BlackRock Digital Assets Head

French Bank BNP Paribas Discloses Bitcoin Purchase Through ETF

US Legislators Urge SEC to Approve Bitcoin Spot ETF Options

Hong Kong Bitcoin ETF Holds 4088 BTC After Two Trading Days

BTC ETFs Expected to See Net Outflow of Approximately 579 BTC

Bitcoin ETFs Decrease Holdings Amid Market Volatility

Bitcoin's On-Chain Metrics Indicate Potential Strong Recovery

US Non-Farm Employment Figures for April Show a Decrease

US Unemployment Rate Slightly Higher Than Expected in April

Traders Anticipate Earlier Federal Reserve Rate Cut

Financial Guru Robert Kiyosaki Shares Six Rules for Surviving a Market Crash

Hong Kong Asset Management Firms Purchase 💵112 Million in US Bitcoin Spot ETFs

Institutional Interest in Bitcoin ETFs Revealed Through 13F Filings

#HotTrends

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#sol 💥 •Solana Surpasses Ethereum in Total Economic Value for a Single Day 💵 According to U.Today, Solana, a blockchain network, generated more Total Economic Value (TEV) than Ethereum on May 12, marking a first in its history. Blockworks Research reported that Solana's TEV reached $2,248,681, outpacing Ethereum's $1,977,416. TEV, a metric combining transaction fees and miner/extractor value (MEV), is often used to gauge the utility and adoption of a blockchain network. Chris Burniske, a former Ark Invest analyst, commented on this development, suggesting that its important to monitor L1s that maintain their annual expansion in the form of TEV. A higher TEV can indicate increased usage and demand, potentially offering more flexibility in a network's economic policies. However, this achievement has sparked debate among Solana and Ethereum users. Critics argue that comparing Solana's TEV with Ethereum's without considering layer-2 (L2) solutions is misleading. L2 solutions, built on top of Ethereum to enhance scalability and reduce fees, offload some activity from the main Ethereum blockchain (L1) while remaining a crucial part of it. Critics suggest that since some Ethereum activity has moved to L2s, these should be included in the comparison. Despite the criticism, Burniske maintains that comparing TEV across blockchains remains valuable. He explained that each L2 operates in its own blockspace environment, and TEV comparisons are typically made on an L1-to-L1 basis. However, some may disagree with this approach and consider L2s an inseparable part of larger ecosystems like Ethereum, which has struggled with high fees in the past. Currently, Ethereum fees sometimes drop even below those of Tron. 💵 ~Source: Binance News #HotTrends #2024
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