Top Stories This Week
VanEck and 21Shares send amended Ether ETF filings to SEC
Asset managers VanEck and 21Shares amended their S-1 forms for their prospective Ether exchange-traded funds (ETFs) with the US Securities and Exchange Commission on July 8. While a specific launch date was not given in either of the amended filings, experts suggested a July launch window for the Ethereum ETFs.
Lionel Messi promotes Solana memecoin on Instagram
Soccer sensation Lionel Messi made waves this week by promoting WaterCoin on his Instagram stories. The Solana-based memecoin claims to be a charity project focusing on water conservation and water-related issues, with purported plans to become a full-fledged ecological coin in the future. Note that investing in memecoins can carry substantial risk; always do your own research before making any investment.
The average Bitcoin transfer fee dropped to 2020 lows on July 7, when the metric hit $38.69. This quantitative measurement is determined by dividing miner profits by the total transactions successfully posted to the blockchain. According to recent data from CryptoQuant, the Bitcoin hashrate drawdown also reached December 2022 levels in July, suggesting that mining operations are capitulating.
Goldman Sachs to launch 3 new tokenization products this year: Report
Goldman Sachs is getting ready to launch three tokenized products this year for the United States and European markets. Matthew McDermot, Goldman’s global head of digital assets, explained that Goldman has plans to create an institutionally focused marketplace for the exchange of tokenized real-world assets (RWA), though details on the plans remain scant. The investment bank is just one of the latest institutions to show interest in the growing RWA tokenization industry in the United States.
FDIC nominee Goldsmith Romero says banks can custody digital assets
During a nomination hearing on July…
..
