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Grayscale’s Strategic Ethereum Trust Retraction Filing Raises Questions Per a filing with the U.S. Securities and Exchange Commission (SEC), Grayscale has withdrawn its 19b-4 filing for listing and trading its ether trust, known as ETHE. This development unfolds at a juncture when the general consensus among the community is that the prospects of the SEC greenlighting an ETH-based ETF are fairly low. Analysts and prediction markets have assigned a minimal probability to the SEC’s approval, with some even suggesting the likelihood is nil. After the withdrawal, James Seyffart, an ETF analyst at Bloomberg, addressed the retraction in a post on the social media platform X. “This is interesting,” Seyffart said. “Grayscale just withdrew their 19b-4 filing for an ethereum futures ETF. This was essentially a trojan horse filing in my view, in order to create the same circumstances that allowed Grayscale to win the GBTC lawsuit (approve futures deny spot)” [I don’t know] why they’d do this honestly. In my mind might as well make the SEC write up an approval or denial for an ETH futures ETF and go from there? Maybe the SEC spoke with Grayscale about this… And whatever was said convinced Grayscale to withdraw? (This is a complete guess). While the reasons behind the decision remain unclear, speculation persists and the likelihood of approval has diminished further. As the crypto community ponders the implications, this withdrawal could mark a complete recalibration of expectations regarding ethereum-based, physically-settled ETFs.#BTC##HotTopicDiscussion##GateioBountyCreator#

About the performance of the Ethereum Virtual Machine (EVM) Every operation on the Ethereum mainnet costs a certain amount of Gas. If we put all the calculations required to run the basic application on the chain, either the app will crash or the user will go bankrupt. This gave birth to L2: OPRU introduces a collator to bundle a bunch of transactions before committing to mainnet. This not only helps the app to undertake the security of Ethereum, but also gives users a better experience. Users can submit transactions faster, and fees are cheaper. While operations have become cheaper, it still uses the native EVM as the execution layer. Similar to ZK Rollups, Scroll, Polygon zkEVM uses or will use EVM-based zk circuits, and zk Proof will generate...

NEAR and Nillion join forces: a perfect integration of privacy computing and performance Recently, the privacy protocol Nillion announced the integration of its blind computation and blind storage technology into the L1 public chain NEAR, known for its speed and scalability. This important integration combines NEAR's high performance with Nillion's cutting-edge privacy tools, opening up the possibility of blind computation for over 750 projects in the NEAR ecosystem. NEAR, as a mature L1 blockchain network, has been renowned for its excellent performance. Its three core features include: 1. Nightshade Sharding Technology: NEAR's unique sharding solution significantly increases transaction throughput while reducing latency, making it particularly suitable for high-performance application scenarios. 2.

In the Layer 2 era, the issue of fragmented liquidity has become prominent and needs to be addressed urgently. The coexistence of multiple chains presents challenges of liquidity and state dispersion, with various solutions such as RaaS and universal accounts proposed and their core components explored. However, the integration of cross-chain liquidity remains a key issue facing the industry, which may promote the emergence of giant enterprises in the Web3 era in the future.

This article discusses the challenges of liquidity fragmentation and the response strategies in the era of Layer 2, with the rise of numerous public chains. The coexistence of multiple chains brings forth the issues of liquidity and state dispersion, necessitating the enhancement of interoperability through cross-chain bridges, Oracle Machines, and other means. Various solutions are introduced, including RaaS, account centers, intent networks, etc., along with some typical projects, highlighting that integrating liquidity will be an important infrastructure in the Web3 era.