🔥Hot News🔥Bitfinex Alpha's latest report shows that the market remained resilient last week, with Bitcoin remaining above the critical $62,000 level, driven by the unexpected approval of the Ethereum spot ETF. 📈While the U.S. SEC has made it clear that it will not approve any ETF that seeks to distribute ETH staking rewards to investors, this may attract more investors to invest directly in ETH itself, thereby freely investing in assets and earning additional returns. 🎉

However, people may not be as enthusiastic about Ethereum ETFs as Bitcoin ETFs. 💰In fact, as of May 24, Bitcoin ETFs set a record of 10 consecutive days of inflows, with BlackRock's IBIT leading the way with $16.35 billion. 🏆

In addition, last week's surge in Ethereum prices was driven by increased activity in the perpetual futures market. While the $4,000 resistance level remains a key psychological barrier, the report believes that if it breaks through this resistance level, ETH may see a strong uptrend. 🚀

In the broader economy, two key Federal Reserve officials last week reiterated their firm commitment to reducing inflation to the 2% target. While a resilient labor market boosts overall economic activity, persistent inflation and financial stability remain key areas of concern for policymakers. 🌐

Overall, the outlook for Bitcoin looks positive, and the future of Ethereum is full of possibilities. Let's look forward to more market dynamics together! 🎈