#NasdaqETFUpdate

Crypto market hot spots overview

Currency dynamics

BTC: Easily reaches the 110,000 mark, with the strong rally of Bitcoin driven by the link between cryptocurrencies and stocks, the logic of scarcity is once again in focus;

ETH: Continues to serve as the market engine, the "faith main line" emphasized repeatedly in this round is being validated, with ecological enthusiasm supporting the leading increase;

SOL: Following up but with weak strength, the risk of pumpfun is like a sword hanging over its performance, short-term elasticity is limited.

Industry News

• BlackRock ETF sets a record: The spot Bitcoin ETF scale rapidly exceeds 70 billion USD, breaking the historical record of gold funds, with institutional entry pace exceeding expectations;

• SEC Policy Trends: The chair of the U.S. SEC signals that it is planning an "innovation exemption" policy for DeFi platforms, with signs of a loosening regulatory framework;

• Ecological fluctuations: zachxbt's real-name questioning of KTA has triggered the first significant adjustment in the base ecosystem, leaving the market to ponder whether to "pick up bargain opportunities" or "trend reversal";

• Project layout: virtuals_io quietly returns to Ethereum, suspected to increase its multi-chain ecosystem layout, adding variables to the cross-chain narrative.

Market Focus

• Trump's remarks go viral: he claims that the US-China talks are progressing positively and is considering lifting some export controls; at the same time, he jokes about Musk "whether he's doing drugs in the White House," sparking heated public discussion;

• Regulation and Risk: The U.S. Department of Justice has applied to extend the suspension period for the ineffective judgment on Trump's tariffs, and the judicial dispute continues; New York has seized a $530 million crypto money laundering case, with Russian funds flowing into the U.S. through platforms raising regulatory alerts;

. The market maintains structural opportunities under the resonance of policies and funds.