Good Morning, Asia. Here’s what’s making news in the markets:
The newly launched REX-Osprey Solana + Staking ETF (SSK), the first crypto staking exchange-traded fund (ETF) listed in the U.S., ended the day with $33 million in volume, with Bloomberg ETF analyst Eric Balchunas calling the launch better than the average ETF listing.
The ETF offers investors indirect access to Solana while earning staking rewards without needing technical expertise. While the volume was much lower than the launch of BTC and ETH ETFs, Balchunas noted that the trading volume was much stronger than recent Solana futures ETF listings or XRP futures ETFs launches. SOL is trading above $150 on the news, up roughly 4%, according to CoinDesk market data.
In late May, the Securities and Exchange Commission ruled that crypto staking does not violate securities laws, paving the way for issuers to offer such staking products. There’s no ETH staking ETF currently offered in the U.S., although 3iQ offers one on the Toronto Stock Exchange. Hong Kong’s market regulator, the Securities and Futures Commission, released staking rules in April, and local issuers offer ETH staking ETFs on the city’s stock exchange.
BlackRock’s iShares Bitcoin ETF (IBIT) is now generating more annual revenue than its flagship iShares Core S&P 500 ETF (IVV), according to a new report by Presto Research. IBIT, with just $75 billion in assets under management, is expected to bring in $187.2 million a year from its 0.25% fee. IVV, by contrast, holds a massive $624 billion but charges just 0.03%, yielding slightly less in absolute revenue.
The difference isn’t just a quirk of fee structures—it’s a window into how institutional investors view crypto exposure in 2025. “IBIT’s fees are 8.3 times higher than IVV’s,” Presto Research notes, “but investors are paying up.” In a world where every basis point usually matters, the willingness to pay a premium for BTC via a trusted wrapper underscores just how early we are in crypto’s institutional adoption cycle.
Market Movements:
– BTC: Bitcoin surged 3.6% over 24 hours to break above $109,000.
– ETH: ETH surged 8.6% to $2,608 in a high-volume breakout fueled by growing institutional interest.
– Gold: HSBC raised its 2025–2026 gold price forecasts to $3,215 and $3,125 per ounce.
– Nikkei 225: Asia-Pacific markets traded mixed Thursday, with Japan’s Nikkei 225 down 0.15%.
– S&P 500: The S&P 500 rose 0.47% to 6,227.42 on Wednesday.
Elsewhere in Crypto:
– Ripple Applies for Federal Bank Trust Charter, XRP Jumps 3%
– Moku Chief Business Officer shares why crypto gaming is broken — and how to fix it
– NY Bankruptcy Judge Gives Celsius the Green Light to Pursue $4.3B Lawsuit Against Tether
Overall, the market is showing positive movements and continued interest in crypto assets and ETFs. The institutionalization of crypto is on the rise, with various developments and new offerings in the market. Investors are keen on exploring opportunities in the crypto space, leading to significant growth and revenue generation in this sector. Bullish, a regulated institutional digital assets exchange, was incubated by technology investor Block.one. In November 2023, CoinDesk, a leading digital asset news platform, was acquired by the Bullish group, which is majority owned by Block.one. Both companies have interests in various blockchain and digital asset businesses and hold significant holdings of digital assets, including bitcoin.
Despite the acquisition, CoinDesk operates as an independent subsidiary within the Bullish group. To ensure journalistic integrity, an editorial committee has been formed, chaired by a former editor-in-chief of The Wall Street Journal.
The acquisition of CoinDesk by Bullish signifies a strategic move to expand the group’s presence in the digital asset space. By integrating CoinDesk’s expertise in digital asset news and analysis, Bullish aims to provide a comprehensive ecosystem for institutional investors and traders.
As part of the Bullish group, CoinDesk continues to deliver high-quality content on cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance, and Web 3.0. The platform offers real-time updates on cryptocurrency prices, market caps, top traded assets, gainers, losers, and more.
With the backing of the Bullish group and Block.one, CoinDesk is poised to become a leading source of information and analysis in the digital asset industry. The collaboration between these entities highlights the growing importance of digital assets and blockchain technology in the global financial landscape. Could’ve sworn the page was around here somewhere…
Have you ever experienced the frustration of trying to find a webpage that seems to have disappeared into thin air? You click on a link, only to be met with a 404 error page, indicating that the page you are looking for cannot be found. It’s a common occurrence on the internet, but that doesn’t make it any less vexing.
The 404 error page is a standard response code in web browsers that indicates the server could not find the requested page. It is often accompanied by a message or an image, like the one you see above, letting you know that the page you were looking for is not available.
So, what do you do when you encounter a 404 error page? Well, the first step is not to panic. The page may have been moved or deleted, but that doesn’t mean it’s gone forever. You can try refreshing the page, checking the URL for any typos, or using the website’s search function to see if the page has been relocated.
If all else fails, you can always go back to the homepage and start your search from there. Sometimes, a simple navigation reset is all you need to find the information you were looking for.
In the meantime, take a moment to appreciate the clever design of the 404 error page you’ve stumbled upon. While it may not be the page you were hoping to find, it serves as a reminder that even when things don’t go as planned, there is still something to marvel at in the world of web design.
So, next time you find yourself face-to-face with a 404 error page, don’t lose hope. Take a deep breath, regroup, and remember that the information you seek may be just a few clicks away. And who knows, you might even discover something new and interesting along the way. the perspective of a travel blogger exploring the wonders of Paris, France.
Paris, the City of Light, is a destination that never fails to captivate visitors with its charm, beauty, and rich history. As a travel blogger, I had always dreamed of exploring the streets of Paris and experiencing its iconic landmarks firsthand. From the majestic Eiffel Tower to the historic Louvre Museum, there was so much to see and do in this vibrant city.
One of the first things that struck me about Paris was its stunning architecture. Walking through the cobblestone streets, I was surrounded by grand buildings adorned with intricate details and elegant facades. From the Gothic beauty of Notre Dame Cathedral to the opulent Palace of Versailles, every corner of Paris seemed to hold a new architectural marvel waiting to be discovered.
Of course, no visit to Paris would be complete without a trip to the Eiffel Tower. As I stood beneath the towering structure, I marveled at its steel frame and intricate lattice work. Climbing to the top, I was rewarded with breathtaking views of the city below, stretching out in all directions as far as the eye could see.
Another highlight of my time in Paris was exploring the world-renowned Louvre Museum. Home to thousands of works of art, including the iconic Mona Lisa, the Louvre was a treasure trove of cultural riches. I spent hours wandering through its halls, admiring masterpieces by artists such as Leonardo da Vinci, Michelangelo, and Rembrandt.
But Paris was not just about the famous landmarks and museums. It was also a city of hidden gems waiting to be discovered. From charming cafes and bustling markets to quaint neighborhoods and picturesque parks, there was always something new to explore around every corner.
One of my favorite experiences in Paris was strolling along the Seine River at sunset. As the sky turned golden and the city lights began to twinkle, I felt a sense of peace and tranquility wash over me. It was moments like these that made me fall in love with Paris and its unique blend of beauty and charm.
In the end, my time in Paris was everything I had hoped for and more. It was a city that captured my heart with its timeless elegance, rich culture, and vibrant energy. As I said goodbye to this enchanting city, I knew that I would always carry a piece of Paris with me wherever I went. Paris truly was a place like no other, a city that would forever hold a special place in my memories and in my soul. The Benefits of Mindfulness Meditation
Mindfulness meditation has gained popularity in recent years as a powerful tool for reducing stress, improving mental health, and enhancing overall well-being. This ancient practice, rooted in Buddhist traditions, involves focusing on the present moment and cultivating a non-judgmental awareness of one’s thoughts, emotions, and bodily sensations. By practicing mindfulness meditation regularly, individuals can experience a myriad of benefits that extend beyond just relaxation.
One of the key benefits of mindfulness meditation is its ability to reduce stress and anxiety. In today’s fast-paced world, many people are constantly bombarded with demands and distractions that can lead to feelings of overwhelm and anxiety. By practicing mindfulness meditation, individuals can learn to quiet the mind and cultivate a sense of inner calm that can help them navigate stressful situations more effectively. Research has shown that mindfulness meditation can lower levels of cortisol, the stress hormone, and reduce symptoms of anxiety and depression.
Additionally, mindfulness meditation can improve focus and concentration. In a world filled with constant distractions, many people struggle to stay present and focused on the task at hand. By training the mind to be more mindful, individuals can enhance their ability to concentrate and be more productive. Studies have shown that regular mindfulness meditation practice can improve cognitive function, memory, and attention span.
Another benefit of mindfulness meditation is its ability to increase self-awareness and emotional intelligence. By becoming more attuned to their thoughts and emotions, individuals can develop a deeper understanding of themselves and their reactions to various situations. This heightened self-awareness can lead to greater emotional resilience and a more balanced perspective on life’s challenges. By practicing mindfulness meditation, individuals can learn to respond to difficult emotions with compassion and kindness, rather than reacting impulsively.
Furthermore, mindfulness meditation has been shown to improve physical health. Research has found that mindfulness meditation can lower blood pressure, reduce inflammation, and boost the immune system. By promoting relaxation and reducing stress, mindfulness meditation can have a positive impact on overall health and well-being.
In conclusion, mindfulness meditation is a powerful practice that can bring about profound benefits for the mind, body, and spirit. By cultivating a present-moment awareness and non-judgmental attitude, individuals can experience reduced stress, improved focus, increased self-awareness, and enhanced overall well-being. Whether practiced for a few minutes each day or as part of a regular routine, mindfulness meditation can be a valuable tool for promoting mental and physical health. Title: The Benefits of Regular Exercise for Overall Health
Exercise is a crucial component of maintaining overall health and well-being. Whether you prefer going for a run, lifting weights at the gym, or practicing yoga, incorporating regular physical activity into your routine can have numerous benefits for your body and mind. In this article, we will explore the various ways in which exercise can positively impact your health.
One of the most significant benefits of regular exercise is its ability to improve cardiovascular health. Engaging in activities that elevate your heart rate, such as running, cycling, or swimming, can strengthen your heart and improve circulation. This, in turn, can reduce your risk of developing heart disease, stroke, and other cardiovascular conditions. Additionally, regular exercise can help lower blood pressure and cholesterol levels, further reducing the risk of heart-related issues.
Exercise is also essential for maintaining a healthy weight and preventing obesity. By burning calories and building muscle mass, physical activity can help you achieve and maintain a healthy body composition. This can not only improve your physical appearance but also reduce your risk of developing chronic conditions such as diabetes, high blood pressure, and certain types of cancer.
In addition to its physical benefits, exercise is also crucial for mental health. Regular physical activity has been shown to reduce symptoms of anxiety and depression, improve mood, and boost self-esteem. This is because exercise stimulates the release of endorphins, which are neurotransmitters that act as natural painkillers and mood elevators. By incorporating exercise into your routine, you can experience improved mental clarity, reduced stress levels, and a greater sense of overall well-being.
Furthermore, exercise can help improve sleep quality and promote better sleep patterns. Engaging in physical activity during the day can help regulate your body’s natural circadian rhythm, making it easier to fall asleep and stay asleep at night. This can lead to improved energy levels, concentration, and overall productivity during the day.
Finally, regular exercise can help improve your overall quality of life. By staying active, you can increase your stamina, strength, and flexibility, making it easier to perform daily tasks and activities. This can lead to a greater sense of independence and autonomy as you age. Additionally, exercise can help you stay engaged and connected with others, whether through group fitness classes, sports teams, or outdoor activities.
In conclusion, regular exercise is essential for maintaining overall health and well-being. By incorporating physical activity into your routine, you can experience a wide range of benefits, including improved cardiovascular health, weight management, mental well-being, sleep quality, and overall quality of life. So, lace up your sneakers, hit the gym, or roll out your yoga mat – your body and mind will thank you for it. The sun was setting over the horizon, casting a warm golden glow over the landscape. The tranquil scene was interrupted by the sudden appearance of a strange object in the sky. It was a metallic sphere, shining brightly in the fading light. As it descended closer to the ground, onlookers could see that it was unlike anything they had ever seen before.
The mysterious object landed gently in a nearby field, causing a small cloud of dust to rise up around it. As the dust settled, a hatch on the side of the sphere opened, revealing a figure standing inside. The figure was humanoid in shape, but its features were unlike any human on Earth. It had a smooth, silver skin and large, expressive eyes that seemed to glow with an otherworldly light.
As the figure stepped out of the sphere, the onlookers could see that it was holding a device that emitted a soft, humming sound. The figure raised the device to its lips and spoke in a language that none of the bystanders could understand. It gestured towards the sky, as if trying to communicate something important.
The crowd watched in awe as the figure continued to speak, its words becoming more urgent and impassioned. Suddenly, a beam of light shot out from the device, illuminating the sky above. The onlookers gasped as they saw a series of images projected onto the clouds. They saw scenes of distant galaxies, alien worlds, and advanced technology that seemed to defy the laws of physics.
As the figure finished its message, it turned and walked back into the sphere. The hatch closed behind it, and the metallic object began to lift off the ground. It hovered in the air for a moment, before shooting off into the sky at an incredible speed. The onlookers stood in stunned silence, trying to process what they had just witnessed.
Was it a vision from another dimension? A message from an advanced alien civilization? Or simply a figment of their imagination? Whatever the truth may be, the mysterious encounter had left a lasting impression on all who had witnessed it. And as the sun dipped below the horizon, casting the world into darkness, one thing was clear – the universe was full of wonders beyond our wildest dreams. In recent years, there has been a significant shift towards sustainable living practices as people become more aware of the impact their actions have on the environment. One of the key aspects of sustainable living is reducing waste and finding ways to recycle and reuse materials to minimize our carbon footprint.
One of the most effective ways to reduce waste is through the practice of upcycling. Upcycling is the process of taking old or discarded materials and transforming them into something new and useful. This not only helps to reduce the amount of waste that ends up in landfills, but also gives new life to materials that would otherwise be tossed aside.
There are countless ways to upcycle materials, from turning old t-shirts into reusable shopping bags to repurposing glass jars as storage containers. The possibilities are endless and limited only by your imagination. Upcycling not only helps to reduce waste, but it also allows you to express your creativity and make unique, one-of-a-kind items that reflect your personal style.
One of the key benefits of upcycling is that it can save you money. Instead of buying new items, you can repurpose materials you already have on hand or find inexpensive items at thrift stores or garage sales. Not only does this help to reduce your overall consumption, but it also allows you to save money in the process.
Upcycling can also be a fun and rewarding hobby. Whether you enjoy sewing, crafting, woodworking, or any other creative pursuit, there are endless opportunities to upcycle materials and create something new and beautiful. Not only is it a great way to express yourself creatively, but it can also be a relaxing and therapeutic activity that helps to reduce stress and improve your mental well-being.
In addition to the environmental and personal benefits of upcycling, there are also social benefits to consider. By upcycling materials, you are helping to support local communities and small businesses that specialize in repurposing materials. This can help to create a more sustainable economy and promote the value of craftsmanship and creativity in our society.
Overall, upcycling is a simple yet powerful way to reduce waste, save money, and express your creativity. Whether you’re a seasoned crafter or just starting out, there are endless opportunities to upcycle materials and create something new and unique. So why not give it a try and see how upcycling can benefit you and the environment?