In its official statement, the Chicago Board Options Exchange (CBOE) announced that some of the spot Ethereum ETFs will begin trading on July 23.
The listed ETFs are:
This is a major milestone for the cryptocurrency space, since this will be the first approved spot altcoin ETF after the SEC greenlit Bitcoin ETFs in the beginning of the year.
At the time of writing ETH is trading at $3.500 after a 2.4% price increase in the past 24 hours.
BNB Chain has announced a major update designed to enhance its stablecoin infrastructure by introducing gasless transactions.
Fintech giant Revolut is planning to launch its own stablecoin. Sources indicate that Revolut, which recently secured a U.K. banking license and was valued at $45 billion earlier this year, is progressing well with this initiative.
Whale activity around the Artificial Superintelligence Alliance (FET) has increased dramatically, with large transactions up 262%, as reported in IntoTheBlock data.
WalletConnect is preparing to unveil its new Connect Token (WCT) on the Optimism OP Mainnet, an Ethereum Layer 2 network.