💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
The approval probability for spot encryption ETFs such as LTC and SOL is 90%, while XRP is 85%.
Odaily News According to the latest data shared by Bloomberg analyst @JSeyff, multiple institutions have submitted applications for Spot encryption ETFs for LTC, SOL, XRP, and others. Bloomberg Intelligence estimates that the approval probability for Litecoin, Solana, and encryption asset basket/index ETFs is 90%, for XRP it is 85%, for DOGE and HBAR it is 80%, and for DOT, AVAX, and ADA it is 75%. All projects' 19b-4 filings have been confirmed by the SEC, with the final approval deadline concentrated in the second half of 2025.