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According to ChainCatcher, OnchainLens monitoring shows that a whale address sold 3 million FARTCOIN at a price of $1.29 each, receiving 3.65 million USDC in return. This whale still holds 1.89 million FARTCOIN, currently valued at approximately $2.19 million. Address: 24BLFjSAcUPPWs8F7nhwthfRPvh5mopNYfu5WXTkLChr

According to ChainCatcher, official information from the Cboe BZX Exchange shows that the Cboe BZX Exchange has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking the native asset INJ of the Injective blockchain. The application was submitted on behalf of the trust’s sponsor, Canary Capital Group LLC. Earlier this month, Canary first proposed the concept of the Canary Staked INJ ETF. On the same day, Cboe BZX also filed an application for the Invesco Galaxy Solana ETF, as more and more companies hope the SEC will approve a spot SOL ETF. These two documents are part of the “two-step process” required to submit crypto ETF proposals to the SEC. Since President Trump took office in January, the U.S. regulatory environment has become more favorable, and the SEC is currently reviewing dozens of proposals for digital asset funds, covering a range of tokens from DOGE and SOL to XRP. During the Biden administration, the SEC approved spot Bitcoin ETFs, followed by spot Ethereum ETFs, a shift that resulted from a key court ruling. Among these proposed ETFs, some companies are attempting to incorporate staking mechanisms. In May, the SEC’s Division of Corporation Finance stated that certain blockchain staking activities do not fall under the category of securities issuance, leading many to believe that staking mechanisms may be allowed in crypto ETFs.