The U.S. Securities and Exchange Commission appears to be preparing to approve an Ethereum spot exchange-traded fund (ETF).
Ethereum co-founder, Consensys founder and CEO Joe Lubin pointed out that institutional investors have invested through Bitcoin ETFs, And look to diversify your investments with the newly approved Ethereum ETF.
However, on-chain data shows that more than 27% of the total supply of Ethereum is already in What is staked in the Ethereum network is locked into contracts and earns revenue for its holders. The launch of the Ethereum ETF will significantly increase demand for Ethereum, potentially leading to a tight supply of ETH.
"The vast majority of Ethereum plays a role in core protocols, DeFi systems or DAOs, so buy Ethereum through ETFs There will be huge, natural demand pressure," Joe Lubin said.
Recent hot projects and airdrops
Bitlayer Ecosystem MEME project CBD rose more than 40 times at the opening
According to market news, on May 21, Bitlayer Ecosystem The newly launched Meme project CBD will be airdropped for redemption at 16:00 (UTC+8). 70% of the project's Token shares are fairly distributed to Bitlayer community users and BTC ecosystem users, covering a total of nearly 30,000 addresses. Currently, the Meme project Token-CBD has been listed for trading on Macaron (Bitlayer-Dex), with the opening price being 0.0000004719 BTC. Within 1 hour of going online, the price increased more than 40 times, with the highest market value exceeding US$4 million.
Mocaverse announced the details of the MOCA token airdrop, and Moca NFT allocated 10% of the total amount of MOCA< /h4>
On May 22, Mocaverse, a Web3 metaverse project owned by Animoca Brands, announced the MOCA token airdrop details on social platforms. Moca NFT will be allocated 10% of the total MOCA supply (i.e. 31.7% of the entire network incentive distribution), one-third of which will be unlocked at the TGE (Token Generation Event). The Moca ID airdrop will be launched in two phases. The TGE unlocking ratio for "Network Incentives" has been increased from 15% to 20%. The upper limit of the total amount of airdrops will be limited by the unlocking of the first two batches of network incentive allocations (the first batch is unlocked at TGE, and the second batch is unlocked one month after TGE). They are also considering incorporating external communities into airdrop distribution, including but not limited to strategic partnerships and marketing incentives.
Other hot Ethereum projects worthy of attention
Arbitrum is a scaling solution for Ethereum designed to increase transaction speed and reduce transaction fee. It has gained widespread attention and usage, especially in DeFi projects. As Arbitrum continues to grow, the opportunities to participate in its ecosystem and potential airdrops are also worth keeping an eye on.
Optimism is also an Ethereum extension solution that uses Optimistic Rollup technology to achieve more efficient transaction processing. The project’s user and developer community is rapidly expanding, and there may be more incentives and airdrops in the future.
zkSync is another high-profile Ethereum scaling project that utilizes zero-knowledge proof technology to enable fast and low-cost transactions. Its technical advantages make it have great potential in the DeFi and NFT fields, and there may be more projects and airdrop opportunities in the future.
Immutable X is an Ethereum scaling solution focused on the NFT market, providing zero gas fees, instant transactions and massive scalability. It has attracted many large-scale NFT projects to settle in, and future ecological development and airdrop activities are also worth looking forward to.
With the development of these hot projects, the Ethereum ecosystem is constantly expanding and innovating, bringing more opportunities and possibilities to investors and users . By paying attention to these projects and upcoming airdrops, you can better grasp market dynamics and gain potential returns on investment.