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Canary Capital’s Frequent ETF Filings: Are Alternative Crypto ETFs Just a Marketing Ploy? The low cost of submitting S-1 documents may be one of the reasons for the recent large number of applications for altcoin ETFs. It only costs $100k. Canary has applied for SUI, Axelar, LTC, AXL, Solana, XRP, etc. The latest application of PENGU ETF has caused controversy. The founder of Canary Capital is Steven McClurg, who is also the co-founder of Valkyrie Funds, and Justin Sun is also an investor in Valkyrie. Read more
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According to PeckShield monitoring, GMX and @MIM_Spell related contracts have been hacked, losing about 6,260 ETH (worth $13M). GMX said: GMX contracts are not affected. It relates to Abracadabra/Spell's cauldrons based on GMX V2's GM pools. The contributors are currently looking into the cause.
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Tradeview data shows that since Trump was elected as the US President: Hong Kong Hang Seng Index rose 17% China Shanghai Composite Index rose 3.27% S&P 500 fell 4.26% Nasdaq fell 6.1% BTC fell 15.6% ETH fell 36.5%
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QCP: Q2, and April in particular, has historically been one of the best periods for risk assets, second only to the festive December rally. Risk assets staged one of their strongest sessions of the year, helped by a temporary easing of fears around the April 2nd tariff deadline. Attention will turn to the PCE inflation print, which could become the next key catalyst.
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BlackRock, the world's largest asset management company, announced the launch of a Bitcoin exchange-traded product (ETP) in Europe. The new product iShares Bitcoin ETP will be available on Germany's Xetra Exchange, Paris Euronext, and Amsterdam Euronext on March 25.
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BlackRock Expands Blockchain-Based Fund to Solana
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Goldman Sachs Warns of Potential Market Shock from U.S. Tariff Strategy
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