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🔻 The Volatility Shares 2x Ether Strategy ETF (ETHU) will be the first leveraged ether ETF in the US, with trading starting on June 4. 🔻 The company's success in getting approval for this ETF may help pave the way for approval of spot ether ETFs in the future
🔻 BlackRock #Bitcoin ETF saw inflows of +$169 million today
The Rise of Syscoin: A Hash Rate Perspective 🔹 $SYS hash rate has steadily increased over the last months to an ATH 🔸Currently, 60% of the total $BTC hash rate merge mines $SYS. 🔹The increase in hash rate shows the confidence in the network by miners
🔻 According to options trader and market analyst “Chang,” macro factors such as rising bond yields may dampen bullish prospects for #Bitcoin, as well as other risk assets. 🔻"Bond yields are very unstable as the demand is weak compared to U.S. Treasuries issuance,” said Chang.