🔸️Ethereum | Bitcoin & Altcoin News

🪙 Invesco Galaxy sets spot Ethereum ETF fee at 0.25% in latest round of filings Issuers for the Invesco Galaxy Ethereum exchange-traded fund set its fee at 0.25% in the latest round of filings as firms seek to launch spot Ethereum ETFs. The fund disclosed its fee in an amended S-1 registration statement filed to the U.S. Securities and Exchange Commission on Tuesday. Invesco Galaxy's fee is a bit higher than other firms that have disclosed. VanEck set its fee at 0.20% after Franklin Templeton set its at 0.19% last month. Source ETH | BTC & ALTCOIN News

💰 Cboe BZX files forms for Solana ETFs by 21 Shares and VanEck as process to obtain regulatory approval trudges on Exchange Cboe BZX filed forms for proposed Solana exchange-traded funds from VanEck and 21Shares as both firms look to launch first-of-its-kind products. Cboe BZX filed Form 19b-4s on Monday for the 21Shares Core Solana ETF and for the VanEck Solana Trust. The form is an application filed with the U.S. Securities and Exchange Commission to let the agency know of a proposed rule change. The form is a part of the process for getting the agency's approval for a crypto ETF. Source ETH | BTC & ALTCOIN News

🇩🇪 German government continues to transfer thousands of bitcoins to exchanges and market makers The German government transferred 133.722 bitcoins to market maker Cumberland DRW today before sending 150 coins to crypto exchange Kraken and 1,000 coins to the B2C2 Group, according to blockchain analytics platform Arkham. It also transferred 300 bitcoins to Coinbase and 300 bitcoins to Bitstamp, as well as 1,000 bitcoins to market maker Flow Traders. Source ETH | BTC & ALTCOIN News

💰 Germany's Bitcoin Wallet Dips Below 40,000 BTC After Weekend Transfer This weekend, the German government’s wallet transferred another 1,400 BTC, valued at $80.12 million, according to the latest Arkham Intelligence data. This action followed recent deposits of approximately 1,915 BTC. On that day, the wallet held 41,226 BTC, but it now holds 39,826 BTC, worth $2.28 billion using BTC exchange rates on July 7. The wallet’s transactions have unsettled the crypto community, casting a shadow over the market in recent weeks. Source ETH | BTC & ALTCOIN News

💰 Crypto Crash Pushes Fear & Greed Index to Lowest Since Bitcoin Traded at $17K in Early 2023 Crypto investor sentiment cratered to the most negative levels since the tail-end of the 2022 crypto winter as bitcoin's (BTC) plunge below $54,000 pulled down digital asset markets. The widely-followed Crypto Fear & Greed Index, created by data source Alternative.me, shows market enthusiasm towards bitcoin and other large cryptocurrencies, with 0 being extreme fear and 100 translating to extreme greed. Source ETH | BTC & ALTCOIN News

🌟 Join the #1 Crypto News Channel on Telegram: Cryptocurrency ↪ Inside! 🌟 Stay ahead with: - 📰 Real-Time Updates: Get the latest news instantly. - 🔗 In-Depth Analytics: Powerful blockchain insights. - 📅 Market Trends: Expert analysis and forecasts. Join our vibrant community and stay updated with our active Twitter feed. The only news source you need! 🔗 Join now: @Cryptocurrency_Inside #advertising

💰 German Politician Criticizes the Government's Bitcoin Sell-Off Strategy A pro-Bitcoin member of the German Bundestag, Joana Cotar, has publicly criticized the government's decision to sell off its substantial BTC holdings. Cotar's stance comes in the wake of hundreds of millions worth of Bitcoin being transferred from government wallets to exchanges and trading desks, signaling the commencement of a large-scale liquidation process. Source ETH | BTC & ALTCOIN News

🪙 Grayscale Ethereum Trust discount to NAV quietly switches to a premium ahead of anticipated spot ETF launch The Grayscale Ethereum Trust (ETHE) is no longer trading at a discount to net asset value (NAV) ahead of the anticipated launch of spot Ethereum exchange-traded funds in the U.S. Having previously traded at a discount for the last three years, ETHE reached a premium to NAV of 0.31% on July 3, ahead of the Independence Day holiday, according to YCharts data. Premium or discount to NAV indicates how much above or below the market price of each share is compared to the value of the ether it represents. Source ETH | BTC & ALTCOIN News

🇰🇷 South Korea to tighten crypto exchange oversight with new monitoring system South Korea’s Financial Supervisory Service (FSS) plans to tighten oversight of crypto trading platforms under its jurisdiction to eliminate fraudulent transactions. In a July 4 notice, the regulator announced that local exchanges must establish a “continuous monitoring system for unfair transactions” and report “abnormal transactions” via a dedicated transmission line. Source ETH | BTC & ALTCOIN News

💰 Trump could be considering Bitcoin as a reserve asset to join the ‘SoftWar’ road to $1 million Jason Lowery, the author of “SoftWar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin,” revealed at the start of June that members of Donald Trump’s campaign administration have contacted him regarding his expertise on Bitcoin. In his communications, Lowery stressed the importance of Bitcoin for national security and its strategic significance for the US military, particularly in defending and securing cyberspace. Source ETH | BTC & ALTCOIN News