● BlackRock submits 19b-4 document, confirming spot Ethereum ETF plan
A screenshot of a document posted by Bloomberg analyst James Seyffart on the X platform indicated that BlackRock's plan for a spot Ethereum ETF (called iShares Ethereum Trust) has been confirmed, and the company has just submitted a 19b-4 document with Nasdaq. The document description shows: According to Nasdaq Rule 5711(d) (commodity-based trust stocks), a rule change is proposed for the listing and trading of iShares Ethereum Trust shares. The content of the document shows that the proposed Ethereum ETF will use Coinbase Custody Trust as its custodian and will use the CME CF Ethereum USD reference rate.
James Seyffart said that according to public information, there are currently 5 spot Ethereum ETFs on file: Vaneck, ARKInvest/21Shares, Hashdex, Invesco US/Galaxy, and Grayscale's submission for converting ETHE (in no particular order).
● BlackRock registers Ethereum Trust in Delaware
According to information forwarded by Bloomberg ETF analyst James Seyffart, BlackRock registered the Ethereum Trust in Delaware.
● Nomura Securities subsidiary launches Ethereum adoption fund
According to the Daily Planet, Laser Digital, a crypto subsidiary of Nomura Securities, announced the launch of the Ethereum Adoption Fund for institutional investors. The fund will invest in Ethereum spot and increase returns by staking Ethereum.
● Fed Chairman Powell: Consider whether more measures are needed and how long to maintain high interest rates
According to Jinshi, Federal Reserve Chairman Powell said that the Fed is still trying to determine whether more measures are needed. Next, it will consider how long to maintain high interest rates.
● MicroStrategy's BTC holdings have generated a profit of over $1.2 billion
MicroStrategy's BTC holdings have made a floating profit of over $1.2 billion. Its holding cost price is 29,586 USDT, and it holds a total of 158,400 bitcoins. Based on 37,500 USDT, it has made a floating profit of $1.25 billion. Earlier news, MicroStrategy officially released its third quarter financial report for 2023, showing that it purchased an additional 155 BTC at a price of $5.3 million in October. As of October 31, 2023, MicroStrategy holds a total of 158,400 bitcoins, with a total cost of $4.69 billion, or $29,586 per bitcoin.
● CZ: Wallets are the key factor in promoting cryptocurrency adoption
At Binance Blockchain Week in Istanbul, Binance founder and CEO Changpeng Zhao (CZ) emphasized the importance of Web3 wallets in his closing speech. CZ said: "It is undeniable that one of the most critical aspects of promoting cryptocurrency adoption is the wallet. The current market lacks a super easy-to-use Web3 wallet. The Binance Web3 wallet will provide services in a secure and simple way. Its simplicity and user-friendliness will help attract more users to the cryptocurrency field. However, managing aspects such as security and custody is crucial, which is why we have invested heavily in enhancing the Web3 wallet and its security features."
● Binance expands Taiwan training program, assisting law enforcement agencies with over 100,000 related requests
According to a post on the Binance blog, on November 9, Binance and the Taiwan High Prosecutors Office co-organized the 2023 Virtual Currency Crime Investigation Seminar, which brought together more than 50 law enforcement officers to introduce the latest digital asset trends and investigation techniques to the team, and discussed technologies and best practices for preventing and combating virtual asset-related crimes.
Binance is expanding its training program for law enforcement agencies in Taiwan. Following the successful law enforcement training courses held in cooperation with the Criminal Investigation Bureau of Taiwan and the New Taipei District Prosecutors Office, Binance is further expanding its training cooperation with the support of the Taiwan High Prosecutors Office. Currently, Binance has held training courses for the Taipei, Shilin, Miaoli, Taichung and Tainan District Prosecutors Offices, and plans to hold more seminars in procuratorates across Taiwan. In the past three years, Binance investigators have assisted more than 103,000 requests from law enforcement agencies.
