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$BTC $ETH #ETHETFsApproved Share to Win is back with BIGGER rewards where verified users may participate to unlock over 100 USDT in rewards. Activity Period: 2024-05-23 09:00 (UTC) to 2024-06-06 09:00 (UTC) Activity 1: Share Binance Square Links With Your Referrals to Get up to 100 USDT in Crypto Red Packet You and a friend can unlock up to 2USDT in red packet when your friend clicks into any Square content links that you share! Enjoy BIGGER rewards when you send it to a friend new to Binance! Activity 2: New Users Exclusive - Sign up With Binance & Complete Tasks to Earn extra up to 5.5 USDT in Rewards 1. Open any ten unique Binance Square links while being logged in to your Binance account. 2. Complete a trade of at least $100 equivalent on Spot, Futures, Margin, Options, or Convert. This Activity may not be available in your region. The rewards for both Activities are distributed on a first come, first-served basis, with limited redemptions available
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#ETHETFS #BTC $BTC $ETH $$BTC $#altcoins VanEck Urges SEC to Prioritize Its Ether ETF Proposal According to Blockworks, Matthew Sigel, the head of crypto research at VanEck, has urged the Securities and Exchange Commission (SEC) to prioritize the firm's ether ETF proposal. VanEck, a New York-based fund group managing approximately $100 billion in assets, was the first to file for a spot ether ETF in the US in 2021. The firm renewed its bid to launch such a product in September 2023. The SEC has until May 23 to rule on the fund, a day before the deadline to rule on a similar proposal by Ark Invest and 21Shares. Other firms, including BlackRock, Fidelity, Grayscale, Bitwise, Invesco, and Hashdex, are also looking to launch similar funds. The SEC's engagement with stock exchanges and fund issuers increased earlier this week, sparking optimism about the possible approval of an ether ETF. Sigel stated that VanEck expects to receive feedback first and launch first, given that it was the first to file the S-1 for the spot Ethereum ETF. He urged the SEC to respect the queue, arguing that the proposed VanEck Ethereum Trust should be the first to hit the market. An SEC spokesperson declined to comment on the ether ETF proposals. In January, the US securities regulator allowed 10 US spot bitcoin ETFs to launch on the same day. Four months later, BlackRock’s iShares Bitcoin Trust (IBIT) and the converted Grayscale Bitcoin Trust ETF (GBTC) have significantly more assets than any other competing product, with roughly $19 billion and $20 billion in assets, respectively. The VanEck Bitcoin Trust (HODL) manages about $700 million in assets. Industry observers have noted that even if the SEC approves the 19b-4 proposals, launches would likely not follow immediately. Before any such funds would be allowed to start trading, the securities regulator would also have to approve the S-1 registration statements filed by VanEck and the other issuers, a process that could take weeks.
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$BTC 🍕HOW A 10,000 BITCOIN PIZZA CHANGED BITCOIN ● Today, May 22, marks 14 years since a Florida programmer made the first transaction using Bitcoin ● Laszlo Hanyecz spent 10,000 bitcoin to buy two Papa John’s pizzas ● His act is now mythologized as Bitcoin Pizza Day, celebrated throughout the crypto sector Bitcoin Pizza Day: Fourteen years ago today Laszlo Hanyecz paid 10,000 Bitcoin for a pizza, marking the first commercial transaction made using the cryptocurrency. And with it, Bitcoin Pizza Day was born. The Florida-based programmer, aged 28 at the time, posted a pizza order in a Bitcoin Talk Forum on May 22, 2010. He wanted a pizza delivery “where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!” 🔸 Pizza Set the Stage for Bitcoin Revolution Hanyecz offered 10,000 bitcoin (BTC) to the person who would bring him the pizzas. 💬 “I’ll pay 10,000 bitcoins for a couple of pizzas … like maybe 2 large ones so I have some leftover for the next day. I like having leftover pizza to nibble on later,” he said. 💬 “You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins…” Jeremy Sturdivant, a California student who was 19 at the time, took up the offer and brought Hanyecz two large pizzas from Papa John’s for 10,000 Bitcoin. The deal, which has since been mythologized as Bitcoin Pizza Day, has earned notoriety over time because 10,000 BTC, worth about $41 at the time, is now worth $700 million at existing prices. More importantly, Pizza Day marked the first time Bitcoin, first mined by its pseudonymous founder Satoshi Nakamoto on January 3, 2009, was ever used in a commercial transaction. The transaction spawned an industry that is now valued at $2.7 trillion
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Six Spot Ethereum ETF Applicants Have Filed Amended 19b-4 for Upcoming Approval Trending Key Points: Six spot Ethereum ETF applicants, including Fidelity and ARK Invest, amended filings to exclude staking provisions after SEC feedback. Experts believe removing staking boosts Ethereum’s legitimacy and staking returns. Six proposed spot Ethereum ETF applicants have updated filings in response to comments from the Securities and Exchange Commission in the eleventh hour. Read more: What Is A Spot Ethereum ETF? How Important Is The New Ether ETF? Spot Ethereum ETF Applicants Are Actively Preparing for SEC Approval In total, the spot Ethereum ETF applicants include VanEck, Fidelity, Franklin Templeton, ARK Invest, Grayscale, and Invesco Galaxy. Such amendments filed with the Cboe exchange include the changes in response to the SEC's concerns and notably remove staking on the Ethereum blockchain for possible ETFs. Fidelity, Franklin Templeton, and ARK 21Shares specifically removed clauses on the validation of Ethereum proof-of-stake from their proposals. In its revised filing, Fidelity emphasized that neither the Trust nor its related parties would stake in the cryptocurrency. Grayscale also made the same statement in its proxy, removing the staking provisions. Industry Experts Praise Removal of Staking Provisions Such changes would be made to satisfy SEC requirements. Adam Cochran, a partner at Cinneamhain Ventures, and Ryan Berckmans, an investor in Ethereum, both noted that removing staking could help the overall Ethereum ecosystem by increasing the staking returns and legitimacy of Ethereum without adding risks associated with an ETF. The Cboe exchange posted these revised 19b-4 filings in a 25-minute window on May 21, according to Bloomberg ETF analyst James Seyffart. While the revised filings are a step toward launching, the ETFs still cannot launch until the SEC also approves the corresponding S-1 registration statements. Seyffart noted further that the road to the approval remains long, with revisions still needed for the S-1 forms. Although the 19b-4 forms mig
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