BlackRock sets spot Ether ETF fee at 0.25% amid rush of S-1 filings
BlackRock’s iShares Ethereum Trust will start at a 0.12% fee until 12 months passes or after it amasses $2.5 billion in net assets, whichever comes first.
BlackRock’s iShares Ethereum Trust will start at a 0.12% fee until 12 months passes or after it amasses $2.5 billion in net assets, whichever comes first.
According to Odaily, Federal Reserve's Barkin has expressed confidence that the Fed will discuss whether it is still appropriate to describe inflation as high during its July policy meeting. He stated that a 25 basis point rate cut is insignificant regardless; the key issue is when to change the narrative. Barkin emphasized that the best way to maintain credibility is to do the right thing at the right time.
According to Odaily, Federal Reserve Governor Christopher Waller indicated on Wednesday that the time for interest rate cuts is approaching, although economic uncertainties make the timing unclear. Waller stated, 'I believe the current data is consistent with achieving a soft landing, and I will be looking for data in the coming months to support this view.' He added, 'While I do not think we have reached the final goal, I do believe we are getting closer to the point where it would be reasonable to lower policy rates.'Waller noted that economic growth is currently progressing at a 'more moderate pace,' the job market is more balanced, and inflation has eased. He mentioned that the most 'optimistic' scenario would be a steady decline in inflation pressures, which is 'significant but not high,' and in such a case, 'I can imagine rate cuts in the near future.' However, Waller cautioned that the more likely scenario involves a more uneven decline in inflation, raising doubts about the ability to consistently return to the 2% target. 'In this case, the uncertainty of near-term rate cuts is greater,' he stated. The least likely but still possible scenario is a resurgence in inflation, which he did not link to the monetary policy path.
According to Odaily, U.S. Senator Bob Menendez from New Jersey, a member of the Democratic Party, was found guilty by a jury on Tuesday of accepting bribes, including gold bars and luxury cars, in exchange for his political influence. Menendez is known for his strong criticism of cryptocurrencies, having previously claimed that Bitcoin is an ideal choice for criminals. He is also a co-sponsor of the 'Accountability for Cryptocurrency in El Salvador (ACES) Act,' which requires the U.S. State Department to report on the risks to the U.S. financial system posed by El Salvador's adoption of Bitcoin as legal tender.
Though the announcement came as a surprise to many users, OKX has been winding down features in the Nigerian market for months.
The issuers must still await final regulatory signoff on S-1 filings before listing the funds.
Fractal ID gave notice that an attacker had gained access to an operator’s account, leading to the leak of a small percentage of users’ personal data.
Virgil Griffith could be eligible for release as early as January 2025 after pleading guilty to violating US sanctions on North Korea.
The Ethereum co-founder said he had observed the Russian government espousing crypto while acting as an authoritarian regime.
During the State Opening of Parliament in May 2022, the UK government, led by Conservatives, introduced two bills concerning cryptocurrencies.