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Initial Ether Futures ETF Approval Expected in October
Eric Balchunas from Bloomberg, a seasoned ETF Analyst, estimates a 90% chance of the first Ether Futures ETF receiving approval come early October.
According to him, Valkyrie Funds is set to lead with its application, with a series of affirmative decisions expected to follow.
“The spot ETF remains in limbo,” Balchunas points out.
Breaking
The CIA is developing its own artificial intelligence
The Central Intelligence Agency of the United States is gearing up to release a ChatGPT-style application aimed at assisting analysts in swiftly and efficiently processing data from open sources.
"We’ve gone from newspapers and radio, to newspapers and television, to newspapers and cable television, to basic internet, to big data, and it just keeps going," remarked Randy Nixon, the head of the CIA's intelligence division.
This initiative is part of a broader government strategy to harness artificial intelligence for the purpose of effectively countering China in the realm of AI-related matters.
Furthermore, the CIA has declined to comment on the specific model it intends to employ in its application.
Breaking
Binance Exits Russia
Binance has agreed to sell its entire russian assets to CommEX, marking a full exit from the country. The transition will take up to a year, ensuring a smooth migration for existing russian users. Notably, CommEX is a newly launched exchange, just one day into its official journey. Alex Bornyakov, the Deputy Minister of Digital Transformation of Ukraine, reflects on Binance's exit from the russian market: “There’s no longer room for any business to stay “neutral”. Blockchain technology is neutral but people leading crypto businesses should not be.” Check out our exclusive interview with Alex Bornyakov, where we delve into Ukrainian blockchain projects and digital education on the Diia.Digital platform.