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Hodler's Digest: Launch of Ether Futures ETFs, SBF Trial Commences, and Su Zhu from 3AC Arrested (Sept. 24-30)

Hodler’s Digest: Launch of Ether Futures ETFs, SBF Trial Commences, and Su Zhu from 3AC Arrested (Sept. 24-30)


– Ethereum futures ETFs to start trading next week: Investment firm Valkyrie will offer exposure to Ether futures, making it one of the first firms to do so. VanEck also plans to launch an Ethereum Strategy ETF.

– SBF trial dates revealed: Former FTX CEO Sam “SBF” Bankman-Fried will stand trial for fraud charges starting on Oct. 4. If found guilty, he could face life in prison.

– 3AC’s Su Zhu arrested in Singapore: Co-founder of Three Arrows Capital, Su Zhu, was detained at Changi Airport for contempt of court. His arrest is part of an ongoing investigation to retrieve funds for 3AC’s creditors.

– Binance urges users to convert euros to USDT after Paysafe debank: Binance warns European users to convert their euro balances to Tether by Oct. 31 due to the loss of support from banking partner Paysafe.

– SEC delays spot Bitcoin ETF decision for BlackRock, Invesco, and Bitwise: The SEC has postponed its decision on several spot Bitcoin ETF applications ahead of a potential government shutdown.

– Winners and Losers: Bitcoin is at $26,895, Ether at $1,667, and XRP at $0.53. Top altcoin gainers are Compound, Chainlink, and THORchain, while top losers are Immutable, UNUS SED LEO, and XDC Network.

– Most Memorable Quotations: Quotes from Andy Barr, Agustín Carstens, James Seyffart, Tom Emmer, Jesse Pollak, and Street.

– Prediction of the Week: Bitcoin shorts keep burning as BTC price seeks to hold $27K.

– FUD of the Week: Ben ‘BitBoy’ Armstrong arrested on livestream over Lambo dispute, crypto exchange using fake license data, Huobi Global hacked for $7.9M, and Mt. Gox collapse birthed Chainalysis.

– Other News: Tim Draper criticizes US government, Chinese developer fined for VPN use, and Hangzhou airdrops 10M digital yuan.

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