📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Ethereum Achieves Two More Victories: SEC Gives Green Light - Coin Bulletin
The US Securities and Exchange Commission (SEC) has approved Grayscale's mini Ethereum (ETH) exchange-traded fund (ETF).
According to the decision announced by the SEC yesterday, ProShares' Ethereum ETF has also been approved.
The SEC unexpectedly approved applications made in May by a group of asset managers, including Grayscale, to establish a spot Ethereum ETF.
Grayscale first applied to convert the existing Grayscale Ethereum Trust into an ETF. Then it did the same for the mini fund. The seed capital for the mini fund is expected to come from Grayscale Ethereum Trust.
According to Bloomberg Intelligence analyst James Seyffart, this could potentially alleviate some of the money likely to exit Grayscale.
Seyffart thinks this fund is likely to enter the market next week along with other funds. Analysts expect these funds to be open for trading on July 23rd.
In the past years, the SEC rejected ETF applications for Bitcoin (BTC). However, a historic victory was achieved in last year's case for the cryptocurrency industry, and the judge ruled that the SEC's rejection of Bitcoin ETFs was not based on solid ground.
Following this decision, the first spot Bitcoin ETFs entered the market in January.