TechFlow News, according to an official announcement from Huobi HTX, the "ETH Sector Trading Competition" will be held from 20:00 on May 24 to 20:00 on May 31 (UTC+8). Users participating in spot margin trading of 10 cryptocurrencies—ETH, ONDO, PEPE, WOJACK, PEOPLE, TURBO, ENS, SSV, PENDLE, and BANANA—will share a prize pool of 10,000 USDT based on their spot margin trading volume, with a maximum individual reward of 2,000 USDT. During the event period, users who successfully access the event page on any single day will be considered registered, and their trading volume during the event period will be counted. Additionally, margin trades on ETH/USDT, ONDO/USDT, PEPE/USDT, PEOPLE/USDT, and PENDLE/USDT will count triple toward the user's total trading volume.
Notably, in the early hours of May 24, Beijing time, the U.S. Securities and Exchange Commission approved the 19b-4 filings for multiple Ethereum spot ETFs, including those from BlackRock, Fidelity, and Grayscale. Huobi HTX aims to contribute to the long-term development and expansion of the Ethereum ecosystem through this trading competition.
