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#US_Job_Market_Slowdown #BinanceTurns7 CP from a Verified User Binance Users. Spot Ethereum ETF Nears Launch As Issuers Submit Amended Filings Several asset managers have submitted amended filings to the SEC for the spot Ethereum ETFs. VanEck submitted an amended registration statement for its spot Ethereum ETF, now rebranded as The VanEck Ethereum Trust. Following closely, 21Shares filed a new registration for its spot Ethereum ETFs. Grayscale also joined the fray with two amended filings: one for its $28 billion Grayscale Ethereum Trust and another for a more cost-effective "mini" ETF. The wave of filings continued with Franklin Templeton, Fidelity, and BlackRock each submitting their own amended filings for spot Ethereum ETFs. Notably, none of the filings disclosed planned fees, a detail that Bloomberg ETF analyst Eric Balchunas noted the SEC has not yet required. Balchunas suggested that another round of updates including fees is expected before final approvals, predicting a potential approval date around July 18th. VanEck's amended registration statement saw some regulatory language regarding custody removed. This deleted section had previously described how Ethereum withdrawals would be processed through the entity designated to safeguard assets for the fund. These changes mirrored adjustments made by Bitwise the previous week, which included details on the SEC's stance regarding compliance in the crypto market. VanEck’s filing also highlighted Gensler's call for federal legislation focused on digital asset trading to prevent transactions, products, and platforms from "falling between regulatory cracks." Similarly, 21Shares’ amended filing included disclosure language on the SEC’s regulatory efforts. Despite the SEC approving several key filings for spot Ethereum ETFs in May, the regulator still needs to approve S-1 forms from eight asset managers. Gensler has previously stated that the approval process hinges on asset managers' ability to provide full disclosures. Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See more $ETH #BinanceSquareFamily #Share2Earn $ETH $ETH #LearnTogether
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CP from @Binance News Latest 29 june 2024. REMİNDER FOR BEGİNNERS. According to Odaily, Jumper, a multi-chain exchange based on EVM and @Solana Official has a announced thats Jumper Loyalty Pass Season 2 will conclude in less than two days. The snapshot for June XP is scheduled for 12:00 UTC on June 30th, with more details to be revealed soon. Jumper is a multi-chain exchange that operates on both the EVM and Solana platforms. The Jumper Loyalty Pass is a feature of the exchange that rewards loyal users. The end of Season 2 signifies the conclusion of a period of rewards and benefits for users of the exchange. The snapshot for June XP, a key event in the Jumper calendar, is set to take place at 12:00 UTC on June 30th. This event is significant as it captures a snapshot of the state of the exchange at a specific point in time. More details about this event and what it means for users of the exchange will be announced in due course. #sharetowin #learn2earn #Share2Win #Share2Earn #BinanceSquareFamily $SOL $BNB $BTC
There is hysteria among Americans everywhere with headlines claiming, "Saudi Arabia has informed the Biden administration that it will not renew the petrodollar agreement." Believe the first thing we will notice is the fluctuation of stable coins pegged to the US dollar, such as USDT, USDC, and other stable coins. Consequently, people will flee these currencies to buy Bitcoin in the cryptocurrency markets and will escape from the dollar to buy gold and silver in global markets. Notably, the latest report indicated massive gold purchases by China in recent months, as if they are preparing for something imminent.
I don't think events will unfold rapidly overnight, so we will have to wait and see the market's reaction from Monday and over the coming weeks. Since there are future contracts that will be settled in dollars between countries, the impact might be delayed and not as immediate as some exaggerate.
However, the non-renewal of this 50-year agreement will undoubtedly shift significant economic balances. $BTC $USDC #bitcoin #Earncommissions
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