🌟 Photo Sharing Tips: How to Stand Out and Win?
1.Highlight Gate Elements: Include Gate logo, app screens, merchandise or event collab products.
2.Keep it Clear: Use bright, focused photos with simple backgrounds. Show Gate moments in daily life, travel, sports, etc.
3.Add Creative Flair: Creative shots, vlogs, hand-drawn art, or DIY works will stand out! Try a special [You and Gate] pose.
4.Share Your Story: Sincere captions about your memories, growth, or wishes with Gate add an extra touch and impress the judges.
5.Share on Multiple Platforms: Posting on Twitter (X) boosts your exposure an
US SEC accepts applications for ETF with staking rewards, increasing the possibility of realization.
On the 30th, the cryptocurrency fund management companies REX Shares and Osprey Funds filed an ETF application with the U.S. Securities and Exchange Commission (SEC) for Ethereum (ETH) and Solana (SOL) with staking features.
The applied ETF will allocate a minimum of 50% of its held assets to staking, providing additional rewards to investors. It is currently unknown which management company or staking service will be utilized, but it is garnering attention as a product with a different revenue structure compared to traditional ETFs.
Cryptocurrency ETFs have rapidly gained popularity among investors since the SEC approved the Bitcoin spot ETF in early 2024. Particularly due to the success of BlackRock's IBIT Bitcoin ETF, the entire category of cryptocurrency ETFs has become one of the most promising asset classes.
The SEC has approved other cryptocurrency-related ETFs and Ethereum spot ETFs, but it has been cautious about approving products that enable revenue generation through staking. However, signs of a change in the regulatory authorities' stance are being observed.
On the 29th, the SEC's Division of Corporation Finance clarified its view that staking activities on proof-of-stake (PoS) type blockchains fall outside the scope of federal securities laws. This regulatory easing increases the likelihood that REX-Osprey's staking ETF application will be approved.