Today in DeFi - ETH Future ETFs Incoming, Abracadabra Retracts Rate Change, Fixed-Rate Lending on OP, and more...

ETH Futures ETFs Filed

Six firms (Volatility Shares, Bitwise, VanEck, Roundhill, ProShares, and Grayscale) have filed applications with the SEC for ETH Futures ETFs. The first ETH futures ETF could go live on Oct. 12, if the SEC does not deny the application.

Abracadabra Retracts Rate Change

Abracadabra was voting to mitigate CRV risk exposure to the protocol by implementing a collateral-based interest rate for two CRV cauldrons.
The adjustment was controversial as it was to change hard-coded terms that should theoretically not be changed during a loan. The vote has ended and didn’t pass.

Rebase Live

Rebase exchange is live, enabling asset bridging between Ethereum and Base.

GNO Withdrawals

Gnosis chain has completed its version of Shapella upgrade, enabling withdrawals on staked GNO.

Arkeo Testnet Live

Backed by ShapeShift, Arkeo has launched its testnet to the public. Arkeo is a blockchain data provider similar to Infra and Alchemy.
The initial airdrop of ARKEO will be spread amount a number of different groups

Fixed-Rate Lending on OP Mainnet…