8 spot Ethereum ETF applicants submit updated versions of S-1 documents

According to Odaily Planet Daily, Watcher.Guru announced that eight Ethereum spot ETF applicants have submitted updated versions of their S-1 documents. These applicants include Bitwise, Fidelity, VanEck, Franklin, 21Shares, Grayscale and BlackRock.

Bloomberg analyst: Ethereum spot ETF is expected to be launched on July 2

According to BlockBeats, on June 21, Bloomberg ETF analyst Eric Balchunas posted on social media that Ethereum spot ETF issuers are expected to submit a series of revised S-1 forms later this afternoon. Subsequently, the SEC will notify the issuer of the final modification and validity (ie, final approval). He insisted that the Ethereum spot ETF is expected to be launched on July 2.

Standard Chartered Bank will set up a spot trading desk for buying and selling Bitcoin and Ethereum

According to Odaily Planet Daily, Standard Chartered Bank will set up a spot trading desk for buying and selling Bitcoin and Ethereum.

CryptoQuant CEO: Bitcoin network fundamentals can support three times its market value

According to Odaily Planet Daily, Ki Young Ju, founder and CEO of on-chain and market analysis company CryptoQuant, said that the fundamentals of the Bitcoin network can support three times its current market value compared to the previous cyclical top. Ki Young Ju believes that the price of Bitcoin "has the potential to be maintained" at $265,000.

Taiwan's financial industry plans to relax rules and consider allowing overseas Bitcoin ETF investment

According to WuSay, Peng Jinlong, chairman of the Financial Supervisory Commission of Taiwan, said that Taiwan's financial industry plans to relax rules and provide more products. The regulator will introduce the relaxation of financial technology innovation business in July and complete the draft rules for virtual asset management in December. In addition, they are also considering allowing overseas Bitcoin ETF investment. Currently, the total assets supervised by the Taiwan Financial Supervisory Commission have reached NT$109 trillion (US$3.4 trillion).

The number of initial jobless claims in the United States last week was slightly higher than expected, boosting market expectations of interest rate cuts

According to Jinshi.com, the number of initial jobless claims in the United States last week was 238,000, slightly higher than expected. The job market continued to slow down, boosting market expectations for interest rate cuts.

MicroStrategy's Bitcoin holdings have a floating profit of more than $6 billion

According to Odaily Planet Daily, Bitcoin Magazine published an article on the X platform stating that MicroStrategy currently holds 226,331 bitcoins, with an average price of $36,798, and current profits of $6.33 billion.