Grey releases S-1 filing to SEC for its mini spot Ethereum ETF

The Ministry of Commerce said that China has noticed that on April 7, US Eastern Time, the US threatened to further impose 50% tariffs on China, which China firmly opposes. If the US escalates tariff measures, China will resolutely take countermeasures to safeguard its own rights and interests. (Jin Ten)

According to Bloomberg, alternative asset manager Teucrium Investment Advisors LLC has officially launched a leveraged ETF linked to the cryptocurrency XRP, the first product in the U.S. market to offer such exposure. XRP is the world's fourth-largest cryptocurrency by market capitalization, with a market capitalization of about $111 billion. It is also a core asset in the recent U.S. regulatory investigation into Ripple Labs Inc. According to Teucrium's official website, this product is called ...

On April 8, scholars at the American Enterprise Institute (AEI) found a major miscalculation in the Trump administration's recently announced tariff policy. The White House incorrectly used the retail price elasticity (0.25) rather than the import price elasticity (0.945) that should have been used in the formula, resulting in a roughly four-fold overestimation of the tariff rate. If the correct values are used, for example, Cambodia's 49% tariff rate will be reduced to 13%, Vietnam's 46% will b...

The People's Bank of China: firmly support Central Huijin Corporation to increase its holdings of stock market index funds, and provide sufficient re-lending support to Central Huijin Corporation when necessary, and resolutely maintain the smooth operation of capital markets. (Jin Ten)

The Nigerian court has adjourned the tax evasion case against Binance until April 30 to allow the tax authorities to respond to Binance's legal motion. The Nigerian Federal Revenue Service has accused Binance of unpaid corporate income taxes and fines for 2022 and 2023, claiming a total of more than $79 billion. Binance has questioned the legality of the court's delivery of legal documents by email, saying it is headquartered in the Cayman Islands and has no entity in Nepal.

MicroStrategy did not increase its BTC holdings between March 31 and April 6, and its current position remains at 528,185. Due to the new accounting standards requiring crypto assets to be mark-to-market, the company expects to record an unrealized loss of $5.91 billion on its BTC holdings in Quarter 1, resulting in a net loss of approximately $4.22 billion after tax deductions. In addition, the company raised a total of $7.69 billion in the first quarter, of which $4.40 billion came from common...

A cryptocurrency lawyer is suing the US Department of Homeland Security, claiming it may know who the creator of bitcoin is - and demanding that it share what it knows. The Freedom of Information Act lawsuit was filed by James Murphy, who based the case on a April 2019 investigation by DHS Special Agent Rana Saoud.

On April 8, according to the Washington Post, this past weekend, when Elon Musk made a series of posts on social media criticizing the tough tariff plan promoted by one of President Trump's key White House advisers, he actually went beyond the official and made a direct appeal to Trump himself. According to two people familiar with the matter, they asked for...

White House trade adviser Navarro: The market is currently bottoming out.

According to CME "Fed Watch": The probability that the Fed will keep interest rates unchanged in May is 43%, and the probability of a 25 basis point cut is 57%. The probability that the Fed will keep interest rates unchanged in June is 20.4, the probability of a cumulative 25 basis point cut is 49.7%, and the probability of a cumulative 50 basis point cut is 29.9%. (Jin Ten)

21:00-7:00 Keywords: Tariffs, European Union, CBOE, White House 1. Trump says he will not suspend the tariff policy. 2. Trump: Rigorous but reasonable standards are being set. 3. The European Union will start imposing tariffs on US imports on April 15; 4. The White House debunks rumors: talk of considering a 90-day tariff suspension is "fake news"; 5. European Union officials: will finalize the list of final countermeasures against the United States on the evening of the 7th; 6. The SEC announce...

According to foreign media reports, Trump administration officials are discussing the pros and cons of establishing a new tax credit for exporters, a move that implicitly acknowledges the damage that the White House's tariff policy could cause to American companies. (Jin Ten)