Doge Party price

The decline of altcoins seems endless, and 99% will eventually go to zero. Take profit. Everyone should keep a little bit of $BTC $ETH $DOGE. Those who didn't follow the big coins last time must be put on the watchlist. Don't just hold onto altcoins.

In the next 7 days, major one-time token unlocks (over $5 million) include BLAST, ACX, VENOM, SOON, and ALT. Significant daily linear unlocks (over $1 million per day) will occur for SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, ETHFI, and JTO. The total estimated unlock value exceeds $250 million.

BREAKING: USELESS coin is officially back above $100 million market cap and now up 7%, significantly outperforming #FARTCOIN, $SPX, $DOGE, $PEPE, and $SHIB. The market seems to be treating #USELESS as the best proxy for betting on risk, which has made it the fastest horse on this market bounce. Analysts have predicted that USELESS is the next breakout memecoin to hit $1b+ market cap. Do you agree with them?

According to Tokenomist, in the next 7 days, there will be single large unlocks (amount greater than 5 million USD) for BLAST, ACX, VENOM, SOON, ALT, etc. Additionally, there will be linear large unlocks (daily unlock amount greater than 1 million USD) for SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, ETHFI, JTO, etc., with a total unlock value exceeding 250 million USD.

Finishing: Jerry, ChainCatcher   Last week's crypto spot ETF performance The U.S. Bitcoin spot ETF saw a net inflow of $1.023 billion Last week, the U.S. Bitcoin spot ETF saw five consecutive days of net inflows, with a total net inflow of $1.023 billion and a total net asset value of $126.54 billion. Last week, 3 ETFs were in a state of net inflows, mainly from IBIT, BITB, BTC, with inflows of $1.231 billion, $29.9 million, and $14.9 million, respectively. Source: Farside Investors The U.S. Ethereum spot ETF saw a net inflow of $40.3 million Last week, the U.S. Ethereum spot ETF saw a four-day net inflow, with a total net inflow of $40.3 million and a total net asset value of $9.60 billion. Last week's inflows came mainly from BlackRock ETHA, with a net inflow of $48.2 million. A total of 3 Ethereum spot ETFs have no liquids. Source: Farside Investors The Hong Kong Bitcoin spot ETF saw a net outflow of 224.78 BTC Last week, the Hong Kong Bitcoin spot ETF saw a net outflow of 224.78 BTC, with a net asset value of $438 million. Among them, the issuer Harvest's bitcoin holdings fell to 301.53, and ChinaAMC fell to 2,230. The Hong Kong Ethereum spot ETF had a net outflow of 8.2088 ETH, with a net asset value of $55.23 million. Source: SoSoValue Crypto spot ETF options performance As of June 20, the total notional turnover of Bitcoin spot ETF options in the United States was $1.02 billion, and the notional total long-to-short ratio was 4.60. As of June 18, the total notional position of Bitcoin spot ETF options in the United States reached $14.80 billion, and the total notional position ratio reached 2.08. The market has seen a decline in trading activity on Bitcoin spot ETF options in the short term, and the overall sentiment is biased towards bullishness. In addition, the implied volatility is 44.87%. Source: SoSoValue A snapshot of last week's crypto ETFs The Financial Services Commission of Korea is working on a roadmap for the launch of virtual asset ETFs According to Bitcoin News, market sources say that South Korea's Financial Services Commission is working on a roadmap for a virtual asset ETF, which is expected to be launched in the second half of this year. Crypto asset manager 3iQ launches 3iQ XRP ETF According to CoinDesk, crypto asset manager 3iQ launched the 3iQ XRP ETF (XRPQ) on the Toronto Stock Exchange (TSX), the 3iQ XRP ETF has a management fee of 0% for the first six months, users can invest through a registered account in Canada, and listing on the TSX will enable global accredited investors to participate in the investment, subject to local regulations. The SEC initiated a public comment proceeding on Franklin's XRP vs. Solana spot ETF proposal According to a SEC announcement filing, a public comment process has been initiated on the XRP and Solana spot ETF proposals submitted by Franklin Templeton. The two ETFs are proposed to be listed on the Cboe BZX exchange, and the latest deadline for consideration has been extended to the end of July, and it can be extended in the future. The SEC said the move does not represent a conclusion and encourages submissions. VanEck's planned Solana spot ETF is registered with DTCC under the symbol VSOL According to CryptoSlate, VanEck's planned Solana (SOL) spot ETF has been registered with the Depository Trust and Clearing Corporation (DTCC) under the symbol VSOL, marking one step closer to the product's official listing. The ETF is still subject to regulatory and exchange approvals at this time. Previously, a number of U.S. asset managers had filed applications for Solana ETFs with the SEC and filed revised registration statements in mid-June. Bloomberg analysts expect approval as soon as three to five weeks, or a listing in July. VanEck has not yet announced an official transaction date for VSOL. The Purpose XRP ETF was approved for listing on the Toronto Stock Exchange on June 18 Purpose Investments Inc.'s Purpose XRP ETF has received approval from the Ontario Securities Commission (OSC) for the receipt of the prospectus for the Purpose XRP ETF, which is expected to begin trading on the Toronto Stock Exchange on June 18 under the symbol XRPP. The ETF offers direct exposure to spot XRP. With this approval, Purpose will continue to broaden investors' access to digital assets through regulated and transparent investment vehicles. The SEC has confirmed receipt of filings for the Truth Social spot Bitcoin ETF The SEC postponed a decision on the Franklin-collateralized spot Ethereum ETF application Truth Social has filed Form S-1 for its Bitcoin and Ethereum spot ETFs Coinshares files Form S-1 for spot Solana ETFs Views and analysis on crypto ETFs Bloomberg analysts: The vast majority of spot crypto ETFs will be approved, but the timing is still uncertain Bloomberg analysts Eric Balchunas and James Seyffart said they have raised the probability of approval for the vast majority of spot crypto ETFs to 90% or higher, citing positive interactions from the US SEC as important signals. However, the exact approval or go-live time is still uncertain, it may be in the next month or two, or it may wait until after October, and the timing is not important, the important thing is that it will be approved. Matrixport: Bitcoin ETFs have attracted more than $45 billion, but the market is facing hidden selling pressure According to the latest weekly report released by Matrixport, Bitcoin ETFs have attracted more than $45 billion in inflows, with stable corporate allocation demand and continued growth in institutional interest. However, despite the strong ETF absorption, there is still a hidden risk of selling pressure in the market, especially when the price of Bitcoin is close to the average cost of retail holding over the past year (about $45,000), and potential selling pressure appears, which may pose some resistance to the upside. The report also pointed out that since some funds are still in a state of loss after the inflow of Bitcoin ETFs in Q2 2024, the key to the adjustment or continuation of market structure in the short term lies in whether Bitcoin can break through the existing range and drive a new round of funds into the market. Opinion: It is difficult for SOL ETFs to sell off after their launch, LTC ETFs are the opposite Digital asset brokerage and research firm K33 said that as the U.S. Securities and Exchange Commission (SEC) becomes more crypto-friendly, it may approve the launch of a new spot altcoin ETF in the coming months, which will provide investors with some compelling long-short strategy opportunities, according to The Block. Eight institutions have already submitted applications for spot Solana (SOL) ETFs, and the SEC has reached out to asset managers to ask them to include staking clauses in their updated filings. K33 analyst Lunde noted that this indicates that regulator engagement is increasing and increases the likelihood that Ethereum and Solana ETFs may include staking features. In addition, in addition to Solana, there are ETF applications for other crypto assets such as LTC, XRP, and DOGE. Lunde mentioned that the so-called "grayscale effect" when Bitcoin and Ethereum ETFs were listed in the past - that is, after Grayscale's trusts were converted into ETFs, a large number of their holdings flooded the market, causing more than 50% of AUM to be sold off within 200 days. However, for potential new ETF assets, the situation is different for Grayscale. Unlike XRP and Dogecoin, Grayscale's Solana and Litecoin trusts are already traded in the open market, so they can serve as a more straightforward reference. Lunde said the Solana trust, which was launched by Grayscale in 2023, has never traded at a discount and only holds 0.1% of the total SOL supply, so the risk of a market sell-off is low. In contrast, Grayscale's Litecoin Trust regularly trades at a discount, holding 2.65% of the total LTC supply, and is again facing discount pressure after the recent physical subscription. In addition, only two institutions, Canary Capital and CoinShares, have applied for the Litecoin ETF at the moment, which means that the market liquidity may be low, making it difficult to absorb potential selling pressure. Lunde believes that the structure of the Solana ETF is clearer, while the Litecoin product may face outflows like GBTC and ETHE converted. As a result, a trading strategy of going long SOL and shorting LTC at the same time after the ETF launch may be attractive, especially if both are listed at the same time.