● Fidelity files Ethereum spot ETF S-1 form
According to Foresight News, Fidelity has filed an S-1 form with the U.S. Securities and Exchange Commission for a proposed Ethereum spot ETF that includes a staking feature.
● BlackRock CEO: Even if Ethereum is considered a security, an Ethereum ETF is still possible
According to CoinDesk, BlackRock CEO Larry Fink said that an Ethereum ETF is still possible even if the U.S. Securities and Exchange Commission treats Ethereum as a security, thereby increasing regulatory scrutiny of the second-largest digital asset.
● GSR lowers the likelihood of Ethereum spot ETF approval in May to 20%
According to Odaily Planet Daily, crypto market maker GSR lowered the probability of approval of the Ethereum spot ETF in May from the previous 75% to 20%. GSR analysis believes that the U.S. SEC lacks active participation in the approval process and is affected by political pressure. It is expected that the approval process of Ethereum spot ETF may be extended to 2025 to 2026. Bloomberg analysts also lowered the probability of Ethereum spot ETF approval to 30%.
● ARKB hit the highest single-day net inflow in history, reaching US$201.8 million
According to BlockBeats, data from Farside Investors showed that on March 28, ARK Invest’s ARKB had a net inflow of US$201.8 million yesterday, setting a record for the ETF’s highest single-day net inflow.
● Fidelity FBTC hits record low single-day inflow
According to Odaily Planet Daily, according to data from Farside Investors, Fidelity FBTC only had a net inflow of US$1.5 million yesterday, setting a record for the lowest single-day inflow in its history.
● BNB Chain’s daily trading volume exceeded US$2.2 billion on March 24, surpassing Ethereum and Solana
According to The Defiant, DeFillama tracking data shows that on March 24, 2024, BNB Chain’s daily trading volume exceeded US$2.2 billion, accounting for more than 25% of the total trading volume of decentralized exchanges (DEX). This significant milestone marks the first time since May 2023 that BNB Chain has outperformed Ethereum and Solana during the memecoin craze primarily associated with Solana.
