Organizer: Luan Peng, ChainCatcher

Important News:

• 5 Ethereum spot ETF issuers have submitted the revised Ethereum spot ETF filing 19B-4
• Data: Yesterday, the net inflow of Bitcoin spot ETF in the US was $307 million, marking 7 consecutive days of net inflow
• Trump: Will accept political donations in cryptocurrency, including Dogecoin and Shiba Inu
• Data: The trading volume of 6 virtual asset spot ETFs in Hong Kong reached HKD 27.46 million today
• Foreign media: Do Kwon met with the Prime Minister of Montenegro before his arrest, and the two may have reached a transaction agreement
• Grayscale ETHE negative premium rate hits a new low since December 2021, as expectations for spot ETF approval rise
• Bitcoin Policy Institute launches peer-to-peer rights fund to defend Bitcoin's decentralization

"What important events have occurred in the past 24 hours"

5 Ethereum spot ETF issuers have submitted the revised Ethereum spot ETF filing 19B-4

Bloomberg senior ETF analyst James Seyffart posted on social media: "5 potential Ethereum spot ETF issuers have submitted the proposed Ethereum spot ETF filing 19B-4 to the SEC through the Chicago Board Options Exchange (Cboe BZX), including Fidelity, VanEck, Invesco/Galaxy, Ark/21Shares, and Franklin."

Grayscale ETHE negative premium rate hits a new low since December 2021, as expectations for spot ETF approval rise

According to YCharts data, the discount of Grayscale Ethereum Trust (ETHE) relative to its net asset value (NAV) has fallen to its lowest level since December 2021. As expectations for the approval of Ethereum spot ETFs in the US have increased, the negative premium rate of ETHE narrowed to 6.66% on May 21.

Trump: Will accept political donations in cryptocurrency, including Dogecoin and Shiba Inu

According to The Block, US Republican presidential candidate Donald Trump announced that he will accept political donations in cryptocurrency. According to Trump's website, his 2024 campaign will accept cryptocurrencies such as Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu.

Bitcoin Policy Institute launches peer-to-peer rights fund to defend Bitcoin's decentralization

According to Bitcoin.com, the Bitcoin Policy Institute, founded by David Zell and Grant McCarthy, has launched a peer-to-peer rights fund to defend Bitcoin's decentralization.

Foreign media: Do Kwon met with the Prime Minister of Montenegro before his arrest, and the two may have reached a transaction agreement

According to Protos citing Montenegrin media, Terraform co-founder Do Kwon and former executive Han Chang-joon not only purchased a luxury apartment in Belgrade, Serbia, before heading to Montenegro, but they may have met with Prime Minister Milojko Spajić at some point before their arrest. Former Prime Minister and current MP Dritan Abazović stated that the two may have not only interacted with Serbia's elite but also had larger schemes.

Several US House Democrats publicly support the cryptocurrency bill FIT21

According to CoinDesk, the US House of Representatives is set to vote on Wednesday, and the vote is expected to pass comprehensive cryptocurrency legislation with bipartisan support, as some Democrats are urging their colleagues to vote in favor. A memo shared by congressional aides indicates that at least eight House Democrats have publicly supported the Financial Innovation and Technology Act (FIT21). The bill is scheduled for full discussion and voting later on Wednesday.

Yangzhou City issues the "Metaverse Industry Cultivation and Development Action Plan (2024-2026)"

According to the Jiangsu Provincial Government's official website, Yangzhou City has recently issued the "Metaverse Industry Cultivation and Development Action Plan (2024-2026)", aiming to achieve a scale of 10 billion yuan in the metaverse-related industry by 2026 through the implementation of four major actions, driving the city's software and information service industry revenue to exceed 20 billion yuan.

Data: Yesterday, the net inflow of Bitcoin spot ETF in the US was $307 million, marking 7 consecutive days of net inflow

According to HODL15Capital monitoring, the net inflow of Bitcoin spot ETF in the US yesterday was $307 million (4,408 BTC), marking 7 consecutive days of net inflow.

Matrixport: ETH sets the record for the largest single-day volatility ever

Matrixport posted on X platform that ETH has just set the record for the largest single-day volatility ever, possibly due to the news on May 20 regarding the SEC potentially approving ETH ETF. The previous largest volatility for ETH was in May 2021 when DeFi trading volume was near its peak, and ETH staking was extremely popular. The two significant volatilities in 2024 have been mainly policy-driven (related to SEC and FOMC meetings).

Data: The trading volume of 6 virtual asset spot ETFs in Hong Kong reached HKD 27.46 million today

As of today (May 22) market close, the total trading volume of the first 6 virtual asset spot ETFs issued in Hong Kong was HKD 27.4644 million. Among them: Huaxia Bitcoin ETF (3042.HK) had a trading volume of HKD 9.2249 million; Huaxia Ethereum ETF (3046.HK) had a trading volume of HKD 10.6044 million; Harvest Bitcoin Spot ETF (3439.HK) had a trading volume of HKD 2.0747 million; Harvest Ethereum Spot ETF (3179.HK) had a trading volume of HKD 1.2853 million; Bosera HashKey Bitcoin ETF (3008.HK) had a trading volume of HKD 1.2284 million; Bosera HashKey Ethereum ETF (3009.HK) had a trading volume of HKD 3.0467 million.

"What are the exciting articles worth reading in the past 24 hours"

April attracted nearly $1 billion in investment, with 3 million daily active users, is a bull market for Web3 games coming?

Web3 games seem to be entering a strong recovery phase.

Recently, with the social game Notcoin (NOT), backed by 900 million active Telegram users, launching simultaneously on Binance and OKX, Web3 games have once again attracted massive attention in the crypto market.

Reflections on Ethereum governance: Why are people dissatisfied with the EIP-3074 incident?

The Ethereum EIP-3074/EIP-7702 incident reveals the complexity of its governance structure: in addition to formal governance processes, the informal roadmap proposed by researchers also has a significant impact.

Cryptocurrency War: BTC's Pizza, the ambition of crypto dollars

Global currency is a significant interest: to obtain it, the US government, in collaboration with Wall Street, aims to expand the dollar's hegemony through the digital crypto payment market created by Bitcoin.

Trump aims to be the first "Bitcoin President" of the United States

In addition to showing a friendly attitude towards cryptocurrency, Trump may also be the first presidential candidate to personally engage in the cryptocurrency industry.