#Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor
Ethereum Solana staking ETF regulatory review
Key Points:* SEC examines staking ETFs by REX and Osprey Funds for compliance.
Market observers, including analysts such as James Seyffart, regard these products as potential game-changers in ETF innovation. Both ETFs intend to operate within a unique C-corporation structure, which is “very rare in the ETF world,” according to Seyffart.
SEC’s Impact on Staking ETFs Launch and Market Dynamics
The SEC issued a formal note about registration and disclosure issues concerning the REX-Osprey ETH + Staking ETF (ESK) and Rex-Osprey SOL + Staking ETF (SSK). These funds, managed by REX Shares and Osprey Funds, are slated for Nasdaq. REX Shares declared they will hold off on launching pending resolution.
Enthusiasts hope for swift regulatory clarity.
Historical SEC Approaches and Ethereum’s Price Movement
Did you know? The SEC’s caution mirrors its approach to previous ETF reviews, such as Bitwise’s Ether ETF, highlighting ongoing regulatory challenges for staking ETFs.
Ethereum (ETH), priced at $2,525.97 with a market cap of $304.94 billion, saw a 36.80% rise over the last 30 days, according to CoinMarketCap. Despite a minor 0.06% decline over the past 24 hours, its market dominance stands at 9.32%.