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🚀Buckle up, crypto enthusiasts! BlackRock's Ethereum ETF might just see the light of day by late June, following a promising SEC filing. Meanwhile, Binance France has a new owner after a regulatory warning, and the former CEO is now serving time. In the memecoin universe, Turbo, created by an AI chatbot, has zoomed to a $638M market cap. Bitcoin took a 2% dip when Mt. Gox wallets moved a whopping $7B to an unknown wallet. Grayscale's Ethereum ETF could see daily outflows of $110M in its first month, says Kaiko. And finally, the top three altcoin gainers of the week are Notcoin, JasmyCoin, and ORDI. Stay tuned for more crypto rollercoaster rides! 🎢

🚀Buckle up, crypto enthusiasts! BlackRock's Ethereum ETF might just see the light of day by late June, following a promising SEC filing. Meanwhile, Binance France has a new owner after a regulatory warning, and the former CEO is now serving time. In the memecoin universe, Turbo, created by an AI chatbot, has zoomed to a $638M market cap. Bitcoin took a 2% dip when Mt. Gox wallets moved a whopping $7B to an unknown wallet. Grayscale's Ethereum ETF could see daily outflows of $110M in its first month, says Kaiko. And finally, the top three altcoin gainers of the week are Notcoin, JasmyCoin, and ORDI. Stay tuned for more crypto rollercoaster rides! 🎢

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🏀 Dapper Labs, the firm behind NBA Top Shot NFTs, has slam dunked a $4M settlement to end a class-action lawsuit. The suit claimed the firm sold unregistered securities, but the court's decision reaffirms that NFTs are not securities, just like trading cards. The settlement, still awaiting approval, will also see Dapper Labs make a few business changes to ensure the Flow blockchain remains decentralized. CEO Roham Gharegozlou said, "Dapper Labs will continue to engage at all levels to help ensure sensible approaches to this new technology."
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🎉Surprise, surprise! The SEC's approval of spot Ether (ETH) ETFs wasn't a political move, according to Bernstein analysts. They believe the SEC knew it was cornered as ETH ETFs share the same regulatory setup as Bitcoin ETFs. So, they took a pragmatic approach to avoid a legal tussle. The approval left many Ether ETF applicants in shock. But hey, it's a win for the industry! Bernstein expects Ether ETF flows to be lower than Bitcoin's but anticipates a positive price action for Ether pre-launch. Now, the approved issuers are just waiting for the SEC to sign off their S-1 registration statements. 🚀
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E*Trade, the online brokerage platform, is reportedly mulling over the banishment of Keith Gill, aka "Roaring Kitty," the notorious GameStop (GME) meme stock trader. Why? Well, they're a little worried about potential stock manipulation. 🙀 Gill, who's been making waves in the meme stock and coin world, recently returned to the platform X, causing a surge in GME shares. However, E*Trade and its owner, Morgan Stanley, are concerned that Gill's influence could be used for his own gain. But, it's not all doom and gloom! They're also wary that booting Gill could lead to a mass exodus of E*Trade accounts. So, they might just do...nothing. Stay tuned for more on this feline fiasco!
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📈 Bitcoin ETFs are all the rage! BlackRock and Fidelity's Bitcoin ETFs have been a hit, accounting for 26% and 56% of their total ETF inflows this year. BlackRock's iShares Bitcoin Trust (IBIT) has seen a whopping $16.6 billion inflow, while Fidelity's Wise Origin Bitcoin Fund (FBTC) isn't far behind with $8.9 billion. Meanwhile, Vanguard, sans Bitcoin ETF, is still leading the pack with $102.8 billion in total ETF inflows. But the Bitcoin ETF party isn't just for the big boys; Invesco's Bitcoin ETF has also raked in a cool $317.3 million. So, who's up for some Bitcoin ETF fun? 🎉
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