ETHETFsApproved

According to Odaily, Sui Chung, the CEO of CF Benchmarks, has stated in an interview that all regulatory precedents indicate that ETH tokens should be classified as a 'commodity'. This statement comes amidst ongoing discussions about the nature and classification of various cryptocurrencies. Chung's assertion adds to the growing consensus among industry leaders about the status of ETH tokens. His comments are based on existing regulatory precedents, suggesting that the classification of ETH tokens as commodities is not a new concept, but rather a widely accepted view within the industry. However, it is important to note that the classification of cryptocurrencies can vary depending on the jurisdiction and the specific regulatory body involved. Therefore, while Chung's comments provide insight into one perspective, they do not necessarily represent a universally accepted viewpoint. This news highlights the ongoing debate about the nature of cryptocurrencies and their place within the global financial system. As the industry continues to evolve, the classification and regulation of cryptocurrencies like ETH will likely remain a topic of discussion.

The cryptocurrency market has experienced significant growth in recent days, with major assets like Bitcoin, Ethereum, and Solana leading the charge. This surge is attributed to a combination of macroeconomic factors, regulatory developments, and increased institutional interest.
#bitcoin #TradeWarEases #ETHETFsApproved #solana #moneymanagement $BTC
$ETH
$BNB
📈 Market Overview: May 2025

Bitcoin (BTC): Currently trading around $105,000, Bitcoin has seen a 14% gain in April and is just 3% below its all-time high. The recent easing of U.S.-China trade tensions and anticipation of potential U.S. interest rate cuts have contributed to this upward momentum.

Ethereum (ETH): Ethereum has benefited from the introduction of Ethereum 2.0 and the growing popularity of Layer 2 solutions, enhancing network efficiency. These developments, coupled with rising institutional interest, have positioned ETH for steady gains.

Solana (SOL): Known for its speed and scalability, Solana remains a key infrastructure blockchain for NFTs, DeFi, and gaming. Recent technological upgrades and increased institutional involvement have bolstered its position, with analysts suggesting it may soon test previous all-time highs.

---

🔍 Factors Driving the Surge

Regulatory Developments: The approval of Bitcoin and Ethereum exchange-traded funds (ETFs) has legitimized cryptocurrencies as mainstream financial instruments, attracting institutional investors.

Institutional Adoption: Major financial players have increased their holdings in Bitcoin and Ethereum, reinforcing market stability and boosting prices.

Macroeconomic Factors: Easing global trade tensions and expectations of interest rate cuts have improved investor sentiment, leading to increased capital inflows into the crypto market.

---

⚠️ Disclaimer

This overview reflects my personal opinions and is intended for informational purposes only. It does not constitute financial advice. Cryptocurrency investments are subject to high market risk. Each investor should conduct their own research and consult with a licensed financial advisor to determine the best investment strategy for their individual circumstances.

---

Asset manager VanEck has launched its first tokenized fund, the VanEck Treasury Fund (VBILL), in partnership with tokenization platform Securitize. 
Follow @Lachakari_Crypto

The fund offers qualified investors access to U.S. Treasury-backed yield through a blockchain-native structure, offering real-time settlement and 24/7 liquidity.
In this initial launch phase, VBILL will be available on Solana, Avalanche, Ethereum, and BNB Chain. It represents a blockchain-based alternative to traditional money market funds. The fund targets institutional and qualified investors, with a minimum investment of $100,000 for most chains and $1 million on Ethereum.
Securitize Infrastructure and Wormhole Interoperability Power VBILL’s Reach
The launch is built on Securitize’s full-stack tokenization platform, which handles token issuance, fund administration, and broker-dealer services. This end-to-end infrastructure enables VBILL to function as a fully compliant and programmable financial product with enhanced liquidity and transparency.
To facilitate cross-chain interoperability, VBILL uses Wormhole, the leading blockchain bridge connecting traditional and decentralized finance. Wormhole enables near-instant transfers of VBILL tokens across supported blockchains. This improves asset mobility and enables broader adoption.

On-Chain Cash Management for Institutions
VBILL will serve a wide range of financial use cases, from institutional treasuries to market makers and crypto-native funds seeking on-chain yield. The fund supports on-chain USDC subscriptions, with atomic liquidity integration via Agora’s AUSD stablecoin.
According to VanEck, the goal is to bring the benefits of blockchain, such as transparency, programmability, and 24/7 accessibility, to traditional asset management products like Treasury funds.

Notably, the fund’s assets are in the custody of State Street Bank and Trust Company. RedStone Oracles provide daily net asset value calculations. VBILL is also structured under the laws of the British Virgin Islands. 
Tokenization Trend Accelerating
Notably, VanEck joins a growing list of major financial institutions, including BlackRock and Apollo, partnering with Securitize to bring real-world assets on-chain. Securitize boasts over $3.9 billion in tokenized securities on its platform.
According to Wormhole Foundation co-founder Dan Reecer, VanEck’s entry into tokenized U.S. Treasuries marks another important moment in the growing institutional adoption of on-chain finance. He emphasized that tokenization is playing a transformative role in reshaping capital markets.
Notably, the global tokenization market is expected to reach $2 trillion by the end of this decade. Products like VBILL seek to control a significant share of this market. Interestingly, other prominent names like Goldman Sachs have also disclosedintentions to join the tokenization market.
DisClamier:
This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect @Lachakari_Crypto opinion. Readers are encouraged to do thorough research before making any investment decisions. @Lachakari_Crypto is not responsible for any financial losses.
$SOL
$ETH
#ETH #solana #ETHETFsApproved #BinanceAlphaAlert #TrumpTariffs

Ethereum has surged past $2,700 with a 92% rally over the past 35 days. Will the rounding bottom pattern drive ETH to $4,000?
Follow @Lachakari_Crypto

Outperforming Bitcoin, Ethereum surpassed the $2,700 mark with a 7% surge on May 13. Currently, it is trading at $2,671, entering a breather phase with an intraday pullback of 0.33%.
With the overnight recovery, Ethereum is inching closer to a potential rounding-bottom breakout rally. Could this breakout send the ETH price to the $4,000 mark?
Ethereum Price Analysis
Bouncing off the $1,383 low formed on April 9, Ethereum has risen by nearly 92% in just 35 days. This bullish recovery has pushed the price above the 200-day EMA at $2,436 and is now challenging the 50% Fibonacci retracement level near the psychological resistance of $2,700.

Thanks to this recovery, Ethereum has broken out of a falling channel pattern, effectively ending the bearish trend that began in December 2024. Moreover, with the 50% Fibonacci level acting as the neckline, ETH is forming a rounding bottom pattern.
Rising bullish momentum has driven the RSI into the overbought zone, supporting this breakout trend and indicating strong buying pressure. Additionally, the 50—and 100-day EMA lines are on the verge of a bullish crossover. This signals a potential short-term trend reversal and increases the likelihood of a golden crossover.
If ETH achieves a decisive close above the 50% Fibonacci level at $2,699, a breakout could occur. The bullish target, based on adding the depth of the pattern to the neckline, points to the 100% Fibonacci level near $4,000. This suggests a potential 50% upside as the bull run continues.
On the downside, crucial support for ETH lies at the 200-day EMA at $2,436.
Bullish Narrative Grows Stronger in Ethereum Futures
Derivative traders are betting big on Ethereum’s continued rally. According to CoinGlass data, Ethereum open interest has surged by nearly 17%, reaching an all-time high of $33.12 billion.

Furthermore, the funding rate, now at 0.0088%, signals heightened bullish activity. A sharp increase in short liquidations amounting to $113 million in the past 24 hours reinforces the bullish sentiment. Together, these metrics support the likelihood of a breakout rally in Ethereum futures.
Analyst Highlights Key Breakout, Sets Target at $3,033
REKT Capital maintains a bullish outlook on Ethereum. The analyst notes the surge in futures, with ETH surpassing the daily CME gap between $2,530 and $2,630.
A daily close above this zone would fully reclaim the CME gap and restore a bullish trend. Ethereum’s next target is the CME gap between $2,892 and $3,033.

DisClamier:
This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect @Lachakari_Crypto opinion. Readers are encouraged to do thorough research before making any investment decisions.@Lachakari_Crypto is not responsible for any financial losses.
$ETH

#ETH #ETHETFsApproved #BinanceAlphaAlert #TrumpTariffs #NewsTrade