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MicroStrategy is still buying bitcoin despite having a $600 million load of convertible bonds, reflecting the growing demand for bitcoin and supply scarcity. Another noteworthy news is that the US Securities and Exchange Commission (SEC) has postponed its decision on BlackRock's Ethereum spot ETF, and the SEC has changed its stance and started taking feedback from the public and asking citizens what they think about the Ethereum spot. While most people believe that Ethereum spot ETFs are unlikely to be approved and that Bloomberg only has a 60% approval expectation, let's not forget that BlackRock has more than a 99% chance of approval for an ETF, and all but one of the 577 ETF applications have already been approved.
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