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Fidelity Removes Staking Clause from Its Ethereum ETF 🗒 #Fidelity has amended its S-1 filing for the spot Ethereum ETF, specifically removing the clause about ETH staking. ✏️ This aligns with previous information suggesting that the SEC may recognize that Ethereum itself is not a security, while staked $ETH is considered one. 👀 It seems the chances of Ethereum #ETFs. being approved in May are increasing daily. Previously, ARK 21Shares also made a similar change. The SEC has a deadline of May 23 and 24 to decide on ETF applications from #VanEck and ARK Invest. Are you ready for the Ethereum rally? 🚀 #BTC #bitcoin

Fidelity Removes Staking Clause from Its Ethereum ETF

🗒 #Fidelity has amended its S-1 filing for the spot Ethereum ETF, specifically removing the clause about ETH staking.

✏️ This aligns with previous information suggesting that the SEC may recognize that Ethereum itself is not a security, while staked $ETH is considered one.

👀 It seems the chances of Ethereum #ETFs. being approved in May are increasing daily. Previously, ARK 21Shares also made a similar change. The SEC has a deadline of May 23 and 24 to decide on ETF applications from #VanEck and ARK Invest.

Are you ready for the Ethereum rally? 🚀

#BTC #bitcoin

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🎤 Iggy Azalea vs. Vitalik Buterin: Meme Coin Showdown! Last week, Iggy Azalea launched her #memecoin🚀🚀🚀 Mother Iggy ($MOTHER) on Solana. But Ethereum's #VitalikButerin wasn't impressed and criticized the celebrity meme coin craze. 😠 Buterin said he was "feeling quite unhappy" about these "celebrity experiments" in crypto. 💸 Despite his critique, $MOTHER soared to a #marketcap of nearly $150M! And Azalea had a hilarious clap back ready. 👶 On June 5, she posted a meme of Buterin as a baby with the caption, "he was just hangry." Looks like Vitalik's got some competition in the meme game! 😂 #Binance55thProject(IO) #BTC
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📈 Institutional Holdings of Meme Coins Surge - #Bybit Report Institutional investors on Bybit increased their #memecoin🚀🚀🚀 allocations from $63M in January to $300M in April, marking a 300% rise. This surge highlights growing interest from professional investors, Bybit reported. 💼 Top Picks: #Dogecoin‬⁩ ($DOGE ) and Shiba Inu ($SHIB ) are favored for their liquidity. Solana's BONK also attracted significant attention with $75M in institutional bets. 🔍 Investor Trends: DOGE holds the largest share for both retail and institutional investors, with institutions allocating 36% compared to retail's 24.5%. Institutions prefer DOGE for its liquidity and stability. 🪙 Popular Memecoins: Ethereum-based PEPE and SHIB are also popular, with retail holding 20.95% ($PEPE ) and 14.61% (SHIB) versus institutions' 22.23% (PEPE) and 10.39% (SHIB). #Binance55thProject(IO) #BTC
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🍻 Why is meme coin #beer price bubbling up? Looks like a whale got thirsty! 🐋🍺 👀 Since May 25, this whale has guzzled down #beercoin like it's happy hour, spending 31,052 $SOL ($5.2M) to buy 29.25 billion $BEER at an average price of $0.0001784. Now, with the current price, he’s sitting on an unrealized profit of ~$6M! 🤩 Cheers to that! 🥂💰 #StartInvestingInCrypto #BTC #Binance55thProject(IO)
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🐱‍👤 #VitalikButerin has had enough of celebrity meme coins! He says, "No more pumping coins just to enrich insiders. Let’s focus on projects that actually do some good!" #Vitalik reacted to Chris Burniske’s claim that Mother Iggy ($MOTHER), related to Iggy Azalea, might be the "mother of celebrity experiments." Burniske thinks it could work if it achieves sustainable value. But #Buterin has higher standards. He likes Ashton Kutcher and Mila Kunis' Stoner Cats better. At least they funded a real show! Vitalik's checklist for a good crypto project: 1. 🌍 Socially beneficial goals (art or charity). 2. 🎮 Fun mechanics beyond token swapping (something to engage with). 3. ⏳ Long-term interest (10 years minimum, not just a short-lived trend). His golden rule? Even if all tokens crash, participants should still be glad they joined! 🚀💥 #Binance55thProject(IO) #BTC
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#tvl of EigenLayer protocol exceeds $20 billion The project is second only to #LidoFinance , which has a figure of $36.7 billion. 💰 #EigenLayer provides the ability to lock liquid staking tokens from other protocols to secure third-party blockchains. The team launched the mainnet on April 9. Prior to this, the solution interacted with users while operating in testnet mode. #Binance55thProject(IO) #BTC
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