Let me share with you some recent good news in the cryptocurrency circle!

1. MicroStrategy, the Bitcoin holding leader, announced on June 13 that it would launch a $500 million convertible preferred bond to increase its holdings.

MicroStrategy currently holds 214,400 Bitcoins, with a purchase cost of approximately $7.543 billion. Institutions are still increasing their holdings of Bitcoins and issuing bonds to increase their holdings, which shows that they are also optimistic about the future. Institutions have not left the market, so what are you afraid of?

2. After the U.S. Securities and Exchange Commission (SEC) approved the 19b-4 trading rule change documents for eight Ethereum spot ETFs on May 24, the cryptocurrency market is continuing to pay attention to another key S-1 registration statement document. When will it be approved by the SEC?

SEC Chairman Gensler said at a budget hearing this week: "My vision is sometime this summer..."

The launch date of the Ethereum spot ETF is currently being moved forward to July 2. It depends on whether the SEC can approve it. This kind of hype is not something that will be missed by the general market makers!