● Bloomberg analyst: The most optimistic guess is that we will receive news from the SEC about the spot Ethereum ETF at 4 a.m. Eastern Time on Friday
According to ChainCatcher, Bloomberg ETF analyst Eric Balchunas recently said on X that his most optimistic guess is that we will hear from the U.S. Securities and Exchange Commission about the spot Ethereum ETF around 4 p.m. EST tomorrow (4:00 a.m. Friday, Eastern Time 8).
● US SEC starts dialogue with spot Ethereum ETF issuers on S-1 filings
According to WuSay, Fox reporter Eleanor Terrett revealed that staff from the U.S. Securities and Exchange Commission (SEC) has begun dialogue with spot Ethereum ETF issuers regarding S-1 filings, but concluded that there is still work to be done.
● Nasdaq files 19b-4 amendment for BlackRock iShares Ethereum Spot ETF
According to ChainCatcher, Nasdaq has filed a 19b-4 amendment for the BlackRock iShares Ethereum Spot ETF.
● The daily trading volume of the US Ethereum futures ETF reached US$47.75 million, setting a record high
According to Odaily Planet Daily, Ethereum futures exchange-traded funds hit a record high as expectations of spot approval from the U.S. Securities and Exchange Commission grew. Ethereum futures ETFs generated $47.75 million in trading volume on Tuesday, 40% higher than the peak of $34.18 million set on March 5 when Ethereum approached the $4,000 mark, while Monday's trading volume soared by $23.67 million. Currently, ProShares' EETH ranks first with a trading volume of $43.14 million; VanEck's EFUT ranks second with a trading volume of $2.6 million; and Bitwise's AETH ranks third with a trading volume of $2.01 million.
● The US House of Representatives passed the FIT21 encryption bill
According to ChainCatcher, the U.S. House of Representatives passed the 21st Century Financial Innovation and Technology Act (FIT21) by 279 votes to 136. House Democrats performed strongly, and the passage of the cryptocurrency market structure bill marked the industry’s most important legislative achievement in Congress.
● US President Joe Biden will not veto FIT21 cryptocurrency bill
According to Odaily Planet Daily, US President Joe Biden has announced that he will not veto the FIT21 cryptocurrency bill if it is passed. In addition, the Biden administration issued a statement calling on Congress to cooperate on a "comprehensive and balanced regulatory framework for digital assets."
● Nvidia's revenue and net profit for the first quarter of fiscal year 2025 significantly exceeded expectations, and it announced a 1-for-10 stock split plan
According to PANews, Nvidia's latest first quarter financial report for fiscal year 2025 ending April 28 showed that revenue during the period was $26.044 billion, up 262% year-on-year, far higher than the market expectation of $24.7 billion; net profit was $14.881 billion, up 628% year-on-year, higher than the expected $12.9 billion. At the same time, the company gave guidance on the performance of the next quarter, predicting that sales in the second quarter of fiscal year 2025 will reach $28 billion, with a fluctuation of 2%, higher than the market expectation of $26.6 billion.
