Sun Yuchen joins the Trump family project WLFI as a consultant

BlockBeats news, on November 27th, according to official sources, Bitwise announced that the New York Stock Exchange (NYSE Arca) has submitted an application to launch a Bitwise exchange traded product (ETP), which will cover investments in both spot Bitcoin and Ethereum, weighted by market value. According to the document, the ETP will directly hold these two assets. The launch of this ETP is pending approval of the 19b-4 application and the effectiveness of the S-1 registration statement.

Odaily Planet Daily News: According to market sources, a US court has ruled that the sanctions against Tornado Cash smart contract are illegal.

The current total market value of cryptocurrencies is 3.23 trillion US dollars, with a 24-hour evaporation of 105.609 billion US dollars, a decrease of 3.17%. Among them, Bitcoin accounts for 56.39% of the market value, while Ethereum accounts for 12.63% of the market value.

Pantera founder Dan Morehead predicts that bitcoin could rally to $740,000 by 2028 if the current compounded rate of return continues. The Pantera Bitcoin Fund, the first of its kind, has notched a lifetime return of 131,165% since launching in 2013.

JUST IN: 🇺🇸 President-elect Trump administration considers CFTC to lead digital asset regulation.