According to ChainCatcher, Forbes reporter Eleanor Terrett wrote that SEC Chairman Gary Gensler said in a conversation with Senator Bill Hagerty that he expects the ETH spot ETF S-1 may be approved in late summer.

● BNB Chain and Binance Labs jointly launch BNB Incubation Alliance

According to the BNB Chain blog, BNB Chain and Binance Labs announced the joint launch of the BNB Incubation Alliance (BIA), which aims to support and accelerate the development of early blockchain projects through a series of global activities. Winning projects in the program will have the opportunity to enter the Most Valuable Builder (MVB) program, receive BNB Chain funding, and obtain potential Binance Labs investment opportunities.

● The annual rate of PPI in the United States in May was 2.2%, and the expected rate was 2.50%.

According to BlockBeats, the annual rate of PPI in the United States in May was 2.2%, the expected rate was 2.50%, and the previous value was 2.20%. The monthly rate of PPI in the United States in May was -0.2%, the expected rate was 0.10%, and the previous value was 0.50%. The number of initial jobless claims in the United States for the week ending June 8 was 242,000, compared with expectations of 225,000 and the previous value of 229,000.