Ether ETFs Should Be Fully Approved by September, Says SEC Chair Gensler

U.S. Securities and Exchange Commission Chair Gary Gensler said that the final approvals for exchange-traded funds (ETFs) trading Ethereum’s ether {{ETH}} should be finished this summer, he told senators in a budget hearing on Thursday.Source

Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process

FINMA announced Thursday that FlowBank’s minimum capital requirements were found to have been “significantly and seriously breached.”Source

Early Buyers of Andrew Tate’s DADDY Meme Coin Apparently Sitting on $45M in Unrealized Value

There is no evidence to show Tate sold tokens from his doxxed wallets, but some supposed “insider” buying activity before the token’s promotion on X shows too much of the token in too little hands.Source

White House Expected to Nominate CFTC Commissioners to FDIC, Treasury Roles: Reports

The White House is expected to nominate Commissioner Christy Goldsmith Romero as the next Federal Deposit Insurance Corporation Chair media outlets have reported.Source

In Defense of Fundamental Analysis Amid Memecoin Mania

Engaging in memecoin markets without thorough analysis and a clear understanding of the risks involved is effectively gambling, not investing, says Jupiter Zheng, partner at HashKey Capital.Source

Crypto Markets Have Seen $12B of Net Inflows This Year, JPMorgan Says

Most of the $16 billion inflow into spot bitcoin ETFs since their launch likely came from existing digital wallets on exchanges, the report said.Source

Blockchains Are Revolutionizing Public Goods Funding

Rewriting how capital flows through society is arguably the biggest unlock in crypto. As blockchains compete for market share, we’re begging to see rapid experimentation with novel forms of funding that grow ecosystems, says Sophia Dew.Source

Consensys Helps Decentralize Hollywood With Film.io and VillageDAO Partnership

Film.io is the first partner to join VillageDAO, a smart contract framework and service provider for Web3 communities.Source

NEAR Foundation Forms Nuffle Labs With $13M in Funding

The spinout is aimed at advancing NEAR’s modularity and bringing more decentralized development to the ecosystem.Source