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Eric Balchunas, a researcher at Bloomberg Exchange Traded Fund (ETF), said on the 16th through his He said there was. Balchunas explained that the SEC provided applicants with feedback on fine-tuning their S-1s documents and requested responses within the week. Based on these circumstances, researcher Balchunas emphasized that the SEC is planning to launch the Ethereum spot ETF on July 2.
2. Bybit integrates with Apple Pay for ‘zero fee’ purpose
Bybit, a global digital asset (cryptocurrency) exchange, has integrated Apple Pay into the exchange payment method for the purpose of providing zero fees. Bybit announced in an official statement on the 17th that its customers can purchase digital assets by linking Apple Pay on Bybit's app or website.
3. Tether issues gold standard dollar stablecoin
Tether officially launched the dollar-linked stablecoin Alloy (aUSDT), which presents reserves in gold, on the 17th. Alloy is a stable coin linked to the U.S. dollar, using gold held by Tether in a Swiss bank account as reserves.
4. Large Chinese telecommunications company announces plan to acquire Bitcoin mining machine worth 18.6 billion won
Coolpad, a large Chinese telecommunications company, announced in an official statement on the 17th that it would purchase Bitcoin mining machines worth $13.6 million (about KRW 18.6 billion). Coolpad announced that it will operate the purchased mining machines in North America and increase the Bitcoin mining scale from the existing hash rate of 873,000 terahash (TH/S) to 1.5 million terahash. Coolpad started mining Bitcoin in the second half of 2023.
5. Digital asset fund records largest outflow since March
It was revealed that the net outflow from digital asset funds last week was approximately $600 million, the highest since March. A report published on the 17th by CoinShares, an on-chain analysis platform, revealed that a large outflow occurred in digital asset funds, especially Bitcoin funds, and that the amount of Bitcoin short (down) bets reached $1.8 million.
Reporter Seungwon Kwon ksw@
