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- 2025/10/03 23:35Strategy's market capitalization surpasses Dell, now ranking 104th among U.S. listed companiesAccording to Jinse Finance, market news indicates that Strategy's market value has surpassed Dell, now ranking 104th among U.S. listed companies. Dell previously rejected a shareholder proposal to purchase bitcoin in May.
- 2025/10/03 23:29Overview of Major Overnight Developments on October 421:00 (UTC+8) - 7:00 Keywords: interest rate cut, Tether, a certain exchange, Ethereum Foundation 1. Multiple institutions submitted more than 20 cryptocurrency ETF applications on the same day; 2. In the past 12 hours, the total liquidation across the network reached $367 million; 3. Tether seeks to raise $200 million to establish an XAUT treasury; 4. The Ethereum Foundation sold 1,000 ETH to fund research and development; 5. A certain exchange is applying to the US OCC for a federal trust license; 6. The US Treasury is considering issuing a Trump $1 commemorative coin; 7. The Federal Reserve governor nominated by Trump once again called for a significant interest rate cut.
- 2025/10/03 23:03Multiple institutions submit over 20 cryptocurrency ETF applications on the same dayJinse Finance reported that multiple institutions, including REX Shares and Osprey Funds, have collectively submitted at least 21 crypto-related ETF applications to the U.S. Securities and Exchange Commission (SEC), covering tokens such as SUI, BCH, HYPE, and various staking products. Defiance ETFs has also filed for leveraged funds tracking cryptocurrencies as well as Tesla and Amazon. This wave of applications comes after the SEC approved rule changes for three exchanges regarding the listing of commodity trust shares. The rule change exempts the relevant ETFs from the 19b-4 review process, significantly shortening the time to market for these products. Bloomberg Intelligence analyst James Seyffart commented on social media: "Things are getting crazy." Although the regulatory environment has become more favorable since President Trump took office, and some earlier ETF applications are approaching their approval deadlines in the coming weeks, the current process has stalled due to the U.S. government shutdown starting October 2. According to sources, the SEC is likely to suspend processing of crypto ETF registration statements until the government resumes operations.