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Pre-market News Roundup: Trump Expresses Support for Cryptocurrency, CFTC Accelerates Crypto Derivatives Embrace

BlockBeats News, August 20th, a summary of key pre-market news in the US stock market on Thursday:


1. President Trump, during a meeting with leaders from the technology and innovation sector at the White House, stated that the "war" against cryptocurrency has been completely ended. The US is leading the industry's development and urging Congress to pass the "Fair Version" of the Clarity Act;

2. Yesterday, Bitcoin ETF saw a net inflow of $454.8 million, while Ethereum ETF saw a net inflow of $186.8 million;

3. The CFO of OpenAI stated that the company is planning to go public by 2027;

4. Goldman Sachs: The September rate hike is priced with a hawkish bias, and stock market pressure comes from the back-and-forth rate expectations;

5. The US CFTC is seeking public feedback on launching hashrate derivatives contracts;

6. The Chairman of the US CFTC is advocating for Hyperliquid to enter the US market in a compliant manner.

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