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#ScamRiskWarning

#ScamRiskWarning

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Join #ScamRiskWarning campaign and win up to $500 FDUSD!
Join the #ScamRiskWarning campaign! 🚀 Win up to 500 FDUSD by sharing your crypto scam experiences along with anti-scam suggestions for @Binance Risk Sniper to enhance Binance's risk measures. Let's bolster crypto safety together! 

Campaign Period: 2024-04-26 00:00 to 2024-05-01 23:59 (UTC)
To Participate: 
Use #ScamRiskWarning when sharing your crypto scam experiences along with anti-scam suggestions for the Binance Risk team on Binance Square. The post should be at least 100 characters long. 
Your Post Can Feature:
Your experience with cryptocurrency scams;Detailed recount of scam patterns, such as: investment->rebate->request to invest more->request to security deposit->scam, etc. Add as much detail as possible about your experience;Your suggestions for anti-scam prevention;Your expectations from Binance in tackling scams.
Guidelines:
Make certain your content is original, filled with insightful information, and based on real incidents. Posts with high engagement lacking original content may be disqualified.

Winner Selection: 
Four posts generating the most interaction will each be rewarded with 125 FDUSD.

For more information on scams refer to Binance Blog.
Stay updated with @Binance Risk Sniper on Binance Square.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules.Winners of the week will be notified before next Friday via a push notification under Creator Center > Square Assistant. The FDUSD token vouchers will be distributed within 30 working days after the activity ends. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 21 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
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📣 Ethereum ETFs: Here Are All the Applications Awaiting SEC Approval #ETFvsBTC #ETHETFS 👉 Here are the filings currently sitting on the SEC’s desk awaiting approval. The SEC decision deadline for the proposed products varies from end of May to early August. 🌐 #BlackRock 🔸BlackRock, the world’s biggest asset manager, filed an S-1 form for its proposed iShares Ethereum Trust back in November. 🔹The SEC delayed making a decision on the fund manager’s potential product earlier this year and now has until August 7. 🔸The firm’s CEO, Larry Fink, is seemingly enthusiastic about the cryptocurrency and its network, and has said that there is “value in having an Ethereum ETF.” He has also talked about “tokenization” being inevitable. 🌐 #GRAYSCALE 🔹Crypto asset manager Grayscale is awaiting an answer from the SEC after filing a proposal in October to convert its Grayscale Ethereum Trust into a spot Ethereum ETF. 🔸The current trust right now operates like a closed-end fund; the idea is that as an ETF, it would be easier for investors to redeem shares. Its Bitcoin Trust converted into an ETF in January, so there’s already precedent for how such a crypto vehicle can transition over to a spot ETF. 🔹Grayscale is a big part of the reason why Bitcoin ETFs are trading in the U.S. right now. In a landmark moment for the crypto industry last year, a judge sided with the firm in a lawsuit, agreeing with the firm that Wall Street’s biggest regulator lacked a coherent explanation for denying its proposed conversion to a Bitcoin ETF after years of denials. 🔸The ruling paved the way for the SEC to give the green light to spot Bitcoin ETFs. 🔹Despite this, the SEC doesn’t appear to be in a hurry to say yes to the latest approval—it pushed back on giving a decision in January. The regulator now has until June 18 to say yes or no. 🔸And just last month, the firm filed for a “mini” Ethereum Trust as well. The idea with the fund is that it would have lower fees for shareholders. $BTC $ETH
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📣 US Bancorp , Rothschild firm disclose spot Bitcoin ETF purchases of roughly $20 million in Q1 #ETFvsBTC #BlackRock #BTC #ETHETFS 🌐 US Bancorp disclosed spot Bitcoin ETF investments worth over $15 million on May 8. 🪙 The company revealed it purchased roughly 87,744 shares of Fidelity’s FBTC worth $5.4 million, 46,011 shares of Grayscale’s GBTC worth $2.9 million, and 178,567 shares of BlackRock’s IBIT worth $7.2 million. 🔸The company’s total investments stood at $71.8 billion, based on its latest 13F filing. 🔹US Bancorp is among the largest bank holding companies in the US, with over $663 billion in AUM at the end of 2023. 🔶 Rothschild firm investment 🔹Edmond De Rothschild Holding SA separately disclosed spot Bitcoin ETF investments worth more than $4.2 million on May 9. 🔸The company reported 103,600 shares of BlackRock’s IBIT, valued at slightly less than $4.2 million. It also reported 1,300 shares of GBTC, valued at $82,121. 🔹The firm’s total investments stood at $6 billion, based on its latest 13F filing. 🔷 Continued institutional investment 🔸Several other companies have disclosed investments in spot Bitcoin ETFs in recent weeks and months. Hightower Advisors and SouthState Bank, Susquehanna International Group, BNP Paribas, Burkett Financial Services, and Legacy Wealth Asset Management have purchased ETFs. 🔹Meanwhile, MassMutual reported continued investment in Grayscale’s Bitcoin Trust (GBTC), amounting to 227 shares valued at $14,340 on May 9. 🔸The latest disclosures cover the first quarter of 2024. The deadline for quarterly 13F filings is May 15, and other firms may disclose investments in the coming days. BlackRock and Bitwise executives believe institutional investors will continue purchasing spot Bitcoin ETFs. 🔹Spot Bitcoin ETFs had a combined AUM of $52.7 billion on May 9, with nearly $11.8 billion in cumulative inflows as of May 8. $BTC $ETH
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