Hakan Ateşler 
After the election of Javier Milei, the top officials of Argentina and El Salvador, led by Nayib Bukele, who has devalued the country’s currency severely and reduced the number of civil servants in the institutions that burden the state, held a Bitcoin meeting. The meeting took place at the building of the CNV, the securities regulatory agency in Buenos Aires.
As Ether spot ETFs were approved by the SEC with a historic decision last night, it is seen that newly opened whale wallets turned to 5 altcoins after the approval and made significant purchases.
Kabosu, the dog that started with Dogecoin and later appeared on the logo of many meme coins from Shiba Inu to Floki, died this morning. The dog, who was known as an internet meme before Dogecoin came out, was 18 years old.
Grayscale, which converted its funds in Bitcoin and Ether into ETFs, launched new funds in both altcoins. After that, STX and NEAR also joined Grayscale, while the funds were initially opened only to accredited clients.
While the SEC’s decision for Ether spot ETFs was interpreted as a historic victory for cryptocurrencies, it was revealed that the commission members did not vote as in Bitcoin spot ETFs.
It was stated that hours before the Ether spot ETF decision, the SEC contacted the companies applying for S-1 documents. An executive of the filing companies said, “With the last minute policy change, the SEC was also caught off guard, caught off guard. So to put it simply, we are starting now,” he said.
VanEck, a US-based asset management firm, believes that the SEC’s collective decision-making mechanism is unfair. Company executive Matthew Sigel said in a statement, “We are the first to apply. It made sense before. It should again… We waited longer and our costs were higher than others.”
While the cryptocurrency world is eagerly awaiting the SEC’s decision on the VanEck spot Ether ETF today, the US media has begun to talk about the possibility of other cryptocurrencies being de-funded. Bloomberg’s ETF analyst James Seyffart commented on the Solana ETF analysis on CNBC.
The Megadrop platform, which was announced by the Binance exchange in April and includes special tasks and airdrops, announced its new listing. Lista (LISTA) was announced as the coin to be listed on the platform.
Grayscale’s Ether fund (ETHE), seen as the world’s largest crypto fund company, started to increase in anticipation of tomorrow’s spot ETF. The discount rate to net asset value in ETHE has fallen back to where it was 2.5 years ago. Volume in Ether futures ETFs also hit a record high yesterday.