VanEck Files Form 8-A for an Ethereum Spot ETF | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Bitget to list Blast (BLAST) tomorrow.
• Bitget launches a limited-time BLAST airdrop where users can grab a share of $50,000 worth of BLAST by completing specified tasks.
• Bybit Card is now available on Apple Pay.

2. Cryptocurrency Trends:

• VanEck files a Form 8-A for its Ethereum spot ETF application.
• Trump plans to speak at Bitcoin 2024 at the end of July.
• The Blast Foundation to airdrop BLAST to the community on June 26, 10:00 PM (UTC+8). The Blur Season 3 airdrop ends tomorrow, and participants can receive airdrop rewards.
• Magpie initiates a community proposal to launch SubDAO Babypie for Bitcoin staking.
• UXLINK strengthens its partnership with the TON ecosystem, and the first batch of cooperation projects includes Catizen, TonUP, and Bounty Bay.
• Taiko announces that Trailblazers Trail 3 has been extended until July 7, and users can receive badges by participating in activities.
• Patrick Pan, CEO of OSL, says OSL is driving the development of customized custody solutions, which are expected to significantly reduce custody fees.
• Solana Foundation launches a tool called "Actions" to help users complete on-chain transactions on websites, social media platforms, and more.

3. Financing Trends:

• Conduit raises $37 million in Series A funding led by Paradigm and others.
• Allora, a decentralized AI network, raises $3 million in strategic funding with participation from Archetype, Delphi Ventures, CMS Holdings, ID Theory, and DCF God.
• Decent Land Labs raises $3 million in angel round funding with participation from Foresight Ventures and others.
• NovaNet, a zero-knowledge proof incentive and coordination network, raises $3 million in a funding round led by Finality Capital.

4. Regulatory Trends:

• U.S. SEC Chairman announces that the Ethereum spot ETF approval process is progressing smoothly, but no specific timeline is known.
• U.S. Congressman Ted Cruz is very bullish on Bitcoin and says that Bitcoin mining should be welcomed in Texas.