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04:08
WTI Crude Oil Surges 3% Intraday, Now Trading at $116.19 per Barrel
BlockBeats News, April 7th, according to Bitget market data, WTI crude oil surged by 3.00% intraday, now trading at $116.19 per barrel. WTI crude oil futures rose to touch $116 per barrel, up 3.19% intraday.
04:06
US SEC Chairman: Rules on Cryptocurrency Fundraising Regulations Will Be Released Soon
BlockBeats News, April 7, according to CoinDesk, SEC Chairman Paul Atkins said on Monday that the agency is about to propose a "crypto regulation" proposal to further clarify its approach to regulating the crypto industry and to define which transactions may be considered securities and which are not. SEC Chairman Paul Atkins stated that the committee's new "crypto regulation" has now been submitted to the White House Office of Information and Regulatory Affairs, which means it is just one step away from official release. He said this rulemaking is primarily based on the Securities Act of 1933 and will address issues such as fundraising and exemptions for startups. During the Q&A session, he also mentioned that the SEC plans to soon launch the long-awaited "innovation exemption."
04:06
Ethereum spot ETFs saw a total net inflow of $120 million yesterday, with none of the ten ETFs experiencing net outflows.
Odaily reports that according to SoSoValue data, yesterday (April 6, Eastern US time) the total net inflow of Ethereum spot ETFs was 120 million USD. The Ethereum spot ETF with the highest single-day net inflow yesterday was BlackRock ETF ETHA, with a single-day net inflow of 60.82 million USD. ETHA's historical total net inflow has reached 11.623 billion USD. Second was Fidelity ETF FETH, with a single-day net inflow of 40.05 million USD. FETH's historical total net inflow has reached 2.332 billion USD. As of the time of publication, the total net asset value of Ethereum spot ETFs stands at 12.281 billion USD. The ETF net asset ratio (market capitalization as a percentage of Ethereum's total market value) has reached 4.74%, and the cumulative historical net inflow is now 11.601 billion USD.
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