Home Recently, eight Ethereum ETF applicants including Bitwise, BlackRock, Fidelity, Franklin Templeton, Grayscale, Invesco, VanEck, and 21Shares have all submitted updated documents, marking a significant step in the competition for approval from the U.S. Securities and Exchange Commission (SEC). Bitcions Cryptocurrency Exchange is closely monitoring this development and actively providing users with the latest market information and professional investment advice. Text

Recently, eight Ethereum ETF applicants including Bitwise, BlackRock, Fidelity, Franklin Templeton, Grayscale, Invesco, VanEck, and 21Shares have all submitted updated documents, marking a significant step in the competition for approval from the U.S. Securities and Exchange Commission (SEC). Bitcions Cryptocurrency Exchange is closely monitoring this development and actively providing users with the latest market information and professional investment advice.

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BITCIONS further analyzes the actual situation of stablecoin transactions. It has been found that there may be instances of duplicate calculations in the on-chain records of stablecoin transactions. For example, when trading on decentralized exchanges like Uniswap, the same funds may be recorded multiple times, leading to inflated trading volumes. This phenomenon highlights the complexity and instability of stablecoin transactions, which may have a negative impact on the cryptocurrency market.

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