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  • Crypto Alpha, 23 July 2024

Crypto Alpha, 23 July 2024

Daily Alpha on All Things Crypto, Web3 and Blockchain

TL;DR

  • 21Shares has filed S-1 documents for its spot Solana ETF in the U.S.

  • The U.S. spot Ethereum ETF has received official approval.

  • NPC Labs has secured $18 million in seed funding, led by Pantera Capital.

  • Kakao founder Kim has been taken into custody.

  • 21Shares announced that its Ethereum staking ETP AETH now manages assets exceeding $510 million.

  • The Bitwise spot Ethereum ETF website is now live.

  • The New York Stock Exchange ARCA has approved the listing and registration of Bitwise Spot Ethereum ETF's beneficial ordinary shares.

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Alpha of the Day

21Shares has filed S-1 documents for its spot Solana ETF in the U.S.

Hold onto your crypto wallets, folks! 21Shares just dropped the mic by filing S-1 documents for a spot Solana ETF in the U.S. Thatā€™s right, theyā€™re bringing the high-flying Solana into the big leagues, aiming to make it easier for you to get your hands on some sweet Solana shares without the headache of traditional exchanges. Itā€™s like 21Shares just gave Solana a golden ticket to Wall Streetā€™s Willy Wonka factory. Time to see if Solana can swim with the sharks and dazzle the suits!

The U.S. spot Ethereum ETF has received official approval.

Cue the confetti and pop the champagne! The U.S. spot Ethereum ETF has officially been given the thumbs up. Itā€™s not every day you see the crypto world doing a victory lap, but today is that day. This approval means Ethereum is strutting its way into the mainstream finance party, ready to rub elbows with the big boys. Whether you're a seasoned crypto fanatic or just crypto-curious, this is your sign to keep an eye on Ethereumā€”itā€™s about to make some serious waves.

NPC Labs has secured $18 million in seed funding, led by Pantera Capital.

NPC Labs just hit the funding jackpot, securing a cool $18 million in seed funding with Pantera Capital leading the charge. Imagine getting a golden ticket from Willy Wonka, but instead of chocolate, itā€™s cash and crypto dreams. With this hefty injection of capital, NPC Labs is poised to shake up the blockchain world, bringing fresh innovation and tech wizardry to the table. Keep your eyes peeled; these guys are about to drop some serious blockchain bombs.

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Kakao founder Kim has been taken into custody.

In a plot twist worthy of a K-drama, Kakao founder Kim has been taken into custody. Itā€™s like the crypto soap opera you didnā€™t know you needed. While the details are still unfolding, this arrest has sent ripples through the crypto community. Kim, whoā€™s been a major player in the tech scene, now finds himself in the spotlight for all the wrong reasons. Grab your popcorn, because this story is just getting started and promises to be a wild ride.

21Shares announced that its Ethereum staking ETP AETH now manages assets exceeding $510 million.

21Shares is flexing its financial muscles, announcing that their Ethereum staking ETP, AETH, now manages over $510 million in assets. Thatā€™s a lot of zeros! This milestone is a testament to the growing confidence and interest in Ethereum staking. If AETH were a person, it would be strutting down Wall Street like it owns the place. For investors, this is a big, shiny beacon that Ethereum staking is not just a trendā€”itā€™s here to stay.

The Bitwise spot Ethereum ETF website is now live.

The digital red ribbon has been cutā€”Bitwiseā€™s spot Ethereum ETF website is officially live! Now, investors can dive into Ethereum with just a few clicks. It's like Bitwise just opened up an exclusive club and everyone's invited. Whether youā€™re a seasoned crypto trader or a newbie looking to dip your toes in the Ethereum waters, this user-friendly platform is your new best friend. Time to get clicking and see what all the fuss is about!

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The New York Stock Exchange ARCA has approved the listing and registration of Bitwise Spot Ethereum ETF's beneficial ordinary shares.

In a move that has the crypto world buzzing, the New York Stock Exchange ARCA has given the green light to Bitwise Spot Ethereum ETF's beneficial ordinary shares. Itā€™s like Ethereum just got its VIP pass to the stock exchange club. This approval paves the way for more mainstream investors to get in on the Ethereum action, making it easier than ever to add some crypto spice to their portfolios. Get ready, Wall Streetā€”Ethereum is coming to town!

A U.S. government address transferred 58.7 BTC to the address starting with 34tXjQ.

In a move that has crypto sleuths on high alert, a U.S. government address just transferred 58.7 BTC to an address starting with 34tXjQ. Itā€™s like the crypto version of a spy movieā€”mysterious addresses, large sums of Bitcoin, and a whole lot of speculation. Why the transfer? Who's the recipient? The crypto community loves a good mystery, and this oneā€™s got everyone buzzing. Stay tuned, because this Bitcoin caper is just getting started.

The BlackRock Spot Ethereum ETF is expected to begin trading tonight, Beijing time.

Mark your calendars and set your alarmsā€”BlackRockā€™s Spot Ethereum ETF is expected to start trading tonight, Beijing time. Itā€™s the crypto event of the season, and everyoneā€™s invited. This launch is set to be a game-changer, giving investors a fresh way to ride the Ethereum wave. Whether you're in Beijing, New York, or anywhere in between, this is a moment to watch. Get ready for some late-night trading action and see how Ethereum performs on the big stage!

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