Bitpush editor selects Web3 news for you every day:
[Vitalik: I believe Ethereum is a store of value, and about 90% of my personal net worth is ETH]
In response to the community's statement that "Vitalik and most core developers do not view ETH as a means of value storage or a meaningful programmable currency", Ethereum co-founder Vitalik Buterin responded on the X platform: "If I didn't believe that Ethereum is a value storage, about 90% of my net asset holdings would not be ETH."
[Vitalik announced an update on the Ethereum Foundation's spending information, with his salary being 182,000 Singapore dollars per year]
Ethereum co-founder Vitalik Buterin posted on X that his salary is 182,000 Singapore dollars per year, and retweeted Ethereum Foundation employee Josh Stark's tweet, saying that it was an update from Josh Stark on the Ethereum Foundation's expenses. The key information is in this chart.
The chart captures both internal and external spending of the Ethereum Foundation, for example, L1 R&D includes funding for external client teams, as well as internal EF researchers. In the two years 2022-2023, internal spending is about 38% and external spending is about 62%.
[Nasdaq seeks approval from the US SEC for Bitcoin index options]
Nasdaq (NDAQ.O) said on Tuesday it is seeking regulatory approval to launch and trade bitcoin index options, Reuters reported.
The U.S. Securities and Exchange Commission (SEC) has yet to approve any of the options based on exchange-traded funds tied to the spot bitcoin price that debuted in January, including Nasdaq's application to trade options on BlackRock's iShares Bitcoin Trust ETF (IBIT.O).
[Trump confirms to attend the debate with Harris hosted by ABC News on September 10]
Former US President Trump said on the social platform Truth Social that he has confirmed that he will attend the presidential election debate with US Vice President Harris on September 10 (next Tuesday), which will be hosted by the American Broadcasting Corporation (ABC).
Trump has previously accused ABC of bias and threatened to withdraw from the debate altogether. As for the rules of this debate, Harris spokesman Brian Fallon said on Monday that the campaign team hopes that the microphones will remain open throughout the debate, rather than being turned off when the other party speaks, as was the case in the last CNN debate. Trump said in a statement today that the debate rules will be the same as last time, candidates are not allowed to bring notes or "cheats", and neither side will receive questions in advance. Trump also said that the third debate, which may be hosted by NBC News, has not yet been agreed to by the Democratic Party.
[ BlackRock iShares Ethereum ETF will be listed on Brazil's B3 Exchange on Wednesday]
BlackRock will list its iShares Ethereum Trust (ETHA) on Brazil’s B3 exchange on Wednesday, local media Portal do Bitcoin reported. The ETF will trade under the ticker ETHA39 in the form of Brazilian Depository Receipts (BDRs), which are certificates representing shares of foreign companies traded in the South American country.
In March, BlackRock’s iShares Bitcoin Trust ETF (IBIT) also began trading on the Brazilian Stock Exchange, which has become a solid market for institutional products. In addition to Bitcoin and Ethereum, the Brazilian Securities and Exchange Commission (CVM) recently approved two Solana-based ETFs to be listed on B3.
CME Group plans to launch Bitcoin Friday Futures on September 30
Derivatives market CME Group announced that it will further expand its cryptocurrency derivatives products and launch Bitcoin Friday Futures (BFF) on September 30, but it is still pending review by regulators.
The new weekly futures contracts will be sized at one-fiftieth of a bitcoin and will be cash-settled to the CME CF Bitcoin Reference Rate New York Variable (BRRNY) every Friday at 4:00 p.m. New York time. The new BFF contracts will be listed every Thursday at 6:00 p.m. New York time, with trading dates on Fridays, allowing market participants to trade the two most recent Fridays at any given point in time. Friday expiration enables these contracts to closely track the spot price of bitcoin and help investors mitigate weekend price volatility.
[ Bitwise Bitcoin ETF will acquire assets of Osprey Bitcoin Trust]
Osprey Funds, the sponsor of Osprey Bitcoin Trust (OBTC), has reached an agreement with Bitwise Bitcoin ETF (BITB) and Bitwise Asset Management, in which BITB will acquire all assets of the OBTC fund.
Previously, Osprey said in March that it was considering a sale or merger with a Bitcoin ETF, among other strategic moves. Osprey must complete the sale or merger by September 1, 2024, or it will liquidate OBTC.
“As part of this transaction, OBTC unitholders will receive BITB shares as part of the OBTC liquidation distribution,” Osprey Funds wrote in a press release. “For existing BITB holders, there will be no change to their shares, and there will be no change to BITB’s operations.”
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