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10.28 Daily: ETHZilla sells off 40 million ETH! CFTC’s new chairman is nominated, and multiple ETFs are listed on the market

Vitalik 2025-10-28 19:39 62441人围观 ETH

Hello, friends in the crypto circle~ It’s time for daily industry updates! The regulatory landscape is facing key changes, many popular ETFs are being launched intensively, airdrops and new products are constantly being launched. Come and take a look at
Hello, friends in the crypto community~ It’s time for the daily industry news express again! The regulatory landscape is facing key changes, many popular ETFs are being launched intensively, and airdrops and new products are constantly being launched. Come and take a look at today’s highlights👇

🔍Regulatory Focus: White House nominates crypto expert to helm CFTC

Crypto supervision ushered in an important signal! The White House officially nominated Mike Selig, chief counsel of the SEC’s cryptocurrency working group, to serve as chairman of the U.S. Commodity Futures Trading Commission (CFTC), ending a weeks-long leadership vacancy.

As an expert who has worked at the CFTC and is deeply involved in the field of encryption, Selig's nomination coincides with a critical period when the Senate is advancing legislation on the encryption market structure - the new bill may give the CFTC broader digital asset regulatory powers. The industry is generally optimistic that regulation will be led by professionals, and the implementation of subsequent policies is worth looking forward to~ At the same time, the White House is still selecting candidates to fill the vacancies on the five-member CFTC committee, and the Senate Agriculture Committee will soon release a draft of digital commodity regulation, which will complement the Banking Committee’s proposal.

📈ETF craze: Many popular products are listed together!

The ETF track continues to be hot, and new products have been launched recently, giving investors new choices~

✅ Bitwise Solana Staking ETF (trading code BSOL) was launched on the New York Stock Exchange today, becoming the first exchange-traded product with “100% direct exposure to spot SOL”;

✅ Canary Capital’s Litecoin ETF and HBAR ETF were simultaneously listed on Nasdaq today;

✅ Grayscale Solana Trust ETF will be officially launched tomorrow, and SOL ecological attention has been upgraded!

🎁Airdrops & New Products: Monad distribution will be announced tomorrow, is there any news on Metamask tokens?

Attention airdrop parties and curiosity-seeking parties, don’t miss these updates!

- 🔥 Monad official announcement: The airdrop distribution results will be officially announced tomorrow. Friends who have been waiting for a long time, remember to pay attention to the announcement~

- 🤑 Metamask quietly registered the token application domain name. The market speculates that the airdrop will be launched soon. Wallet users can pay more attention to the official notice.;

- 🚀 MegaETH ICO is extremely popular! It was oversubscribed within 5 minutes, with committed investment exceeding US$50 million, and the project valuation directly reaching US$1 billion. ;

- 🎉 Padre has completed the position snapshot, and users holding PADRE can apply for the PUMP token airdrop! The Solana wallet address will be credited within 24 hours after you submit it. The submission window is open until December 30th. Don’t miss it~

🏦Industry news: ETHZilla sells 40 million ETH, Ant overseas wallet is in public beta

- 💸 Ethereum treasury company ETHZilla (stock code ETHZ) takes action! Approximately $40 million in ETH was sold and the funds were used for a stock repurchase program. It is reported that the company approved a repurchase plan of up to US$250 million in August, and has currently spent US$12 million to repurchase 600,000 shares. It will continue to operate until the stock price discount returns to normal, and its balance sheet still holds approximately US$400 million in ETH. ;

- 📱 Ant’s self-hosted wallet TONOD has entered public testing overseas! Users can buy and sell cryptocurrencies through a third-party platform, which has been listed in app stores in Singapore and other regions. However, it has not yet opened the Hong Kong market, and the website also restricts Hong Kong users from browsing. Ant has previously applied for ANTCOIN and other related trademarks, and its overseas layout continues to advance. ;

- 🧩 Binance adjusts the Four.Meme token Alpha points rules: Starting from 08:00 on October 28 (UTC+8), the buying transaction volume of the tokens created by the platform before being listed on Binance Alpha will no longer be counted as points. After going online, the transaction volume will be counted at 1 times the standard. Remember to update the App to version 3.4.0 and above.;

- 📢 CZ responded to the Caixin report: It stated that the content of the report was based on an interview in September and that it had not accepted any interviews after the amnesty. This incident was a misunderstanding caused by the time difference in the release of information. It has made a personal explanation on social platforms.

🌐Ecological progress: Mantle launches x402 gateway

Good news from Mantle Network! The x402 gateway is officially online. Developers and creators can access the protocol through service providers, greatly improving the efficiency of experiments and construction~ This time Mantle cooperates with QuestFlow to fully introduce the x402 protocol into all areas of the ecosystem. The subsequent ecological construction is worthy of attention!

💬Interactive topics

Today, ETHZilla sold 40 million ETH, which attracted market attention. Do you think this will have an impact on the short-term price of ETH? Many SOL-related ETFs are intensively listed, will you consider the layout? Welcome to share your views in the comment area~

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⚠️Disclaimer

The information provided in this article is only a compilation of industry trends and does not constitute any investment advice, transaction offer or investment guidance. The cryptocurrency market is highly volatile and involves extremely high investment risks. Investors are advised to make prudent decisions and invest rationally based on their own risk tolerance. Any investment based on the content of this article is at the investor's own risk.


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