Ethereum ETFs Expected Tuesday

• Spot ETH ETFs anticipated next Tuesday.

• Matcha integrates the 0x V2 pricing engine.

• Taiko introduces Booster Rollups.

• Scroll surpasses $1 billion in TVL.

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Bloomberg analyst Eric Balchunas now anticipates that trading for Spot ETH ETFs will commence next Tuesday, July 23rd. He stated that today, the SEC responded to amended S-1 forms submitted by issuers and requested the final submission of S-1s by this Wednesday. The Form S-1 filings must be approved before trading can begin. On May 23rd, the SEC gave the green light to 19b-4 filings for eight Spot ETH ETFs. The price of ETH is up 7% over the last 24 hours, moving from $3,200 to $3,450.

Matcha launched the latest iteration of its DEX aggregator, featuring a new pricing engine built on 0x Protocol V2. The advanced engine sources liquidity from multiple sources in a single swap, ensuring optimal pricing for large trades. The release introduces Argon Router, a sophisticated mechanism that uses multiplex and multi-hop trade routes. Multiplex routing splits orders into multiple trades across various liquidity sources, minimizing price impact, while multi-hop functionality uses intermediate tokens with more efficient liquidity, reducing slippage. Matcha also uses Permit2 for token approvals, allowing exact allowance approvals for the duration of the transaction. The DEX aggregator also supports MEV protection and gasless trades. Matcha claims to offer access to 97% of the liquidity on Ethereum, Base, Arbitrum, and Optimism.

Taiko introduced Gwyneth, a synchronously composable Based rollup that extends Ethereum L1. Coined as a Booster Rollup, Gwyneth leverages native sequencing for seamless access to rollups and L1 state. It also supports preconfirmations, allowing L1 validators to commit to L2 states, enhancing UX with fast transaction confirmations. Gwyneth addresses L2 fragmentation by enabling applications and smart contracts to operate across multiple rollups without the need for complex bridging. Initially, Gwyneth will be secured by Taiko’s Raiko multi-prover and will support zkVMs for real-time proving. Gwyneth is still in development.

Scroll, an EVM-equivalent ZK Rollup, has surpassed $1 billion in Total Value Locked, marking a more than 20% increase in its TVL over the past 24 hours, according to data from L2Beat. The achievement places Scroll among the top 10 rollups by TVL, overtaking Starknet. The surge comes amid a market rally and the anticipation of an upcoming token launch for the rollup. Scroll’s ZK-EVM went live on mainnet in October 2023.

• DSR is decreasing to 7%

• Maker spending breakdown

• MetaMask token auto-detection

• Squarespace vulnerability patched

• No-code EVM indexing tool

• Paul Brigner joins Coinbase