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Peter Schiff: It is expected that funds will shift from Bitcoin ETF to Ethereum ETF after approval by the US SEC

Gold enthusiast Peter Schiff warned that the U.S. Securities and Exchange Commission’s (SEC) approval of a spot Ethereum ETF could have a negative impact on spot Bitcoin ETFs and Bitcoin. Schiff explained that Bitcoin has gained new strength from rumors that an Ethereum ETF may be approved. However, funding for the new Ethereum ETF will likely come from existing Bitcoin ETFs. Investors who decide to allocate to cryptocurrencies will not increase their allocation to purchase Ethereum.

Over Protocol will start sybil detection this week, Nethers NFT holders will receive airdrops

According to news on May 20, the L1 project Over Protocol posted on the X platform that "Witch Detection" will start this week. If the Sybil test passes, members who contribute to OverWallet and OverNode will receive airdrops, and users who own Nethers NFT will receive airdrops

The trading volume of 6 Hong Kong virtual asset ETFs today was HK$44.6248 million

According to financial reports, Hong Kong stock market data shows that as of the close of trading, the trading volume of six Hong Kong virtual asset ETFs today was HK$44.6248 million, including:
The transaction volume of ChinaAMC Bitcoin ETF (3042. HK) was HK$29.6 million, and the transaction volume of ChinaAMC Ethereum ETF (3046 .HK) was HK$2.04 million;
The trading volume of Harvest Bitcoin ETF (3439 .HK) was HK$6 million, and the trading volume of Harvest Ethereum ETF (3179. HK) was HK$1.89 million;
The transaction volume of Bosera HashKey Bitcoin ETF (3008. HK) was HK$4.45 million, and the transaction volume of Bosera HashKey Ethereum ETF (3009 .HK) was HK$644,800.

? @Crypto_Updts