Happy Thursday! In today's Daily, SEC Chair Gary Gensler is stepping down, the regulator is suddenly engaging with U.S. spot Solana ETF applicants, spot Bitcoin ETFs top $100 billion in AUM and more.
Meanwhile, bitcoin heads toward $100,000 as the post-election momentum continues.
Let's get started.
SEC Chair Gary Gensler will step down on Jan. 20, 2025, coinciding with the start of President-elect Donald Trump's term, according to a statement released by the agency on Thursday.
The SEC is now "engaging" with applicants on spot Solana ETFs, Fox News reporter Eleanor Terrett first reported, citing two people familiar with the matter, and confirmed by The Block with a source at one issuer.
U.S. spot Bitcoin ETFs surpassed $100 billion in combined assets under management on Wednesday — representing around 5% of bitcoin's total market cap — driven by the cryptocurrency's ongoing price rally.
Sui Network, a Layer 1 blockchain developed by Mysten Labs, failed to produce new blocks on its mainnet for nearly two hours on Wednesday, leaving the blockchain effectively stalled before a patch could be deployed.
Tron founder Justin Sun purchased Maurizio Cattelan's famous artwork "Comedian," featuring a banana duct-taped to a wall, for $6.24 million at a Sotheby’s auction in New York on Wednesday night.
Never miss a beat with The Block's daily digest of the most influential events happening across the digital asset ecosystem.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
