VanEck Readies Ethereum Futures ETF; Marathon Digital Mines Invalid Bitcoin Block

A new Ethereum futures ETF launch and do fights extradition. You're watching Coindesk Daily, I'm your host, Jenna. Let's take a look at the markets. The coin desk, Bitcoin price XPX index is currently trading above $26,000 while the coin desk Ether price etx index is at 1600 up slightly after asset manager Venne announced the launch of an Ethereum strategy. ETF that announcement comes one day after the SEC announced delays in decisions in approving Vex and Arcs Ether ETF applications. Terraform lab's founder Do Kan has asked the Federal Court to reject the S ECs extradition request. The SEC asked the court last week for permission to interview Kwan about the catastrophic crash of his company's stable coins. Terra and Luna. His lawyers argue that it would be impossible to bring Kan to the US because he remains detained indefinitely in Montenegro. Back in March dow was arrested in that country for forged passport documents. Bitcoin mining company marathon Digital has mined an invalid Bitcoin block. The miner confirmed the incident on X citing a bug during an experiment. The mining of an invalid block raised some questions about the security of the network However, the rejection of the block was cited by Marathon as an example of the resilience of the Bitcoin Network. And B CEO CZ is denying that he's the owner of the mysterious company that bought the exchange Russian arm. He tweeted about the deal Thursday saying quote, I am not their ultimate beneficial owner nor do I own any shares there. End quote earlier this week, it was announed that comma would buy Binance Russia. That led to questions about the identity of the company, which appears to be just a few days old and some say it has a similar look and feel to Binance. That's a wrap for Coindesk daily. Get more updates on coindesk dot com and we'll see you next time.