BlockBeats News, July 20th, according to DL News, "All at Once or One by One"—this is the issue the U.S. Securities and Exchange Commission (SEC) is facing when considering how to deal with the Ethereum spot ETF collateral amendment.

This week, the iShares Ethereum Trust, owned by BlackRock, filed an application to add collateral functionality, reigniting the discussion surrounding the SEC's batch approval process.

While Franklin Templeton, Grayscale, 21Shares, and Fidelity submitted similar requests months ago, BlackRock's proposal came later, with its final approval deadline set for April 2026.

Although the deadline may seem far off, analysts expect the SEC to make a decision earlier—potentially as soon as the fourth quarter of this year—and provide a unified ruling for all applicants. This approach would be consistent with the SEC's approval process for spot Bitcoin and Ethereum ETFs last year.

BlockBeats News Flash, July 20th, according to ChainNews monitoring, a certain whale/institution bought $50 million worth of ETH in the past half hour.

They transferred 50 million USDT to Binance, then withdrew 13,462 ETH from Binance, with an average purchase price of $3714.

BlockBeats News, July 20, LD Capital founder Jack Yi posted on social media, stating that there has always been a rotating surge pattern in the cryptocurrency bull market. BTC and ETH reach their peak first, followed by the rise of mainstream mid-cap tokens like XRP, LTC, UNI, and finally various strong altcoins. By actively investing in certain projects, one can outperform the market and strive for higher returns.

BlockBeats News, July 20th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the address that "bought 1074 WBTC at an average price of $10,708 four years ago" was suspected to have sold 90 WBTC one hour ago. If sold, the profit would be $9.648 million, with a return of 1001%.

In the past 24 hours, the address has deposited a total of 100.1 WBTC into HTX (approximately $11.8 million), and the account currently holds 1400 WBTC.

BlockBeats News, July 20th, according to Coinglass data, the top 5 cryptocurrencies by net inflow of funds in the past 24 hours are as follows:

LTC net inflow of $29.83 million;

SOL net inflow of $15.97 million;

BCH net inflow of $7.59 million;

ENA net inflow of $6.28 million;

BNB net inflow of $5.65 million.

The top 5 cryptocurrencies by net outflow of funds are as follows:

BTC net outflow of $156 million;

DOGE net outflow of $40.28 million;

XTZ net outflow of $40.05 million;

XRP net outflow of $38.23 million;

TRX net outflow of $23.54 million.

BlockBeats News, July 20th, according to Coinglass data, market participants continue to increase their bets on Ethereum's trend. The total open interest of Ethereum futures contracts across all exchanges has been on the rise for over a month. After surpassing the $50 billion mark on July 17th, today it once again broke through $52 billion to hit a new all-time high.

The current open interest position is reported to be 14.31 million ETH, equivalent to approximately $52.14 billion, with a 24-hour increase of 0.74%. Specifically:

Binance's Ethereum open interest is $9.33 billion, ranking first;

CME's Ethereum open interest is $6.81 billion, ranking second.

BlockBeats News, July 20, Binance Alpha will list Yala (YALA) on July 22. Eligible users will be able to claim the airdrop on the event page using Alpha Points after trading opens. More details will be announced later.

BlockBeats News, July 20th, according to Dune Analytics data, the total staked amount on the Ethereum Beacon Chain has surpassed 36.07 million ETH, accounting for 29.15% of the total supply. Since the Shanghai upgrade, there has been a net inflow of 17.91 million ETH to the staking contract. The staking participation through the Lido liquid staking protocol has reached 25.21%.

Ethereum transitioned from Proof of Work (PoW) to Proof of Stake (PoS) in September 2022. The Shanghai upgrade went live on April 12, 2023, introducing the staking withdrawal capability, allowing validators to withdraw their staked ETH along with accumulated staking rewards.

BlockBeats News, July 20th. According to on-chain analyst Ai Auntie (@ai_9684xtpa), the team behind Pump.fun deposited 2 billion PUMP tokens to Binance. The address "58WQi...gv33E" had previously received 12.5 billion PUMP tokens from the project team, with 2.5 billion tokens suspected to have been used for Wintermute liquidity providing, 8 billion tokens deposited into Bybit, and an additional 2 billion tokens deposited into Binance, totaling $12.75 million.

It is worth noting that Binance currently only supports PUMP for Alpha and futures trading. According to Ai Auntie's analysis, this deposit behavior may correspond to the following possibilities:

PUMP will soon undergo an airdrop or other event on Alpha;

PUMP will soon be listed on the main Binance spot exchange;

This operation was solely done to create confusion.