# CryptoETFsUnderApplication

How did BYD Auto manage to sell more than 100 cars for Pi Coin amid the ban?🔥💰🚀
In China, reports mentioned that BYD Auto Service Co., Ltd. sold more than 100 cars using Pi Coin (PIGCV314159$) belonging to the Pi network, where each car was exchanged for 0.2 Pi.
Based in Yuhua District, Changsha City, Hunan Province, this company conducted these transactions despite China's strict ban on trading, mining, and using cryptocurrencies, citing financial risks, fraud, and capital outflows.📉👌
The legality of this sale is still unclear, as China banned all cryptocurrency-related transactions in 2

According to Santiment, over the past 24 hours, the price of #Ethereum has outperformed the entire crypto market, as ETH continues to flow out of exchanges into cold wallets at shocking rates, leaving only 6.38% of the available supply on exchanges.#Crypto Downturn: Hold or Sell? #Crypto ETFs Under Application #Join Content Creators Challenge & Win $3,000 #BTC

#Crypto ETFs Under Application
1 Litecoin (Litecoin) ETF
Mainly because the SEC considers it a commodity rather than a security, simplifying the regulatory path.
Characteristics: Litecoin's Proof of Work mechanism is the same as BTC, giving it an advantage in regulation. In addition, Grayscale and Canary Capital have submitted a Spot Litecoin ETF application that meets all regulatory standards.
2 DOGE (Dogecoin) ETF
Adopting the same Proof of Work model as Litecoin and with no ICO, it has a similar regulatory status.
Characteristics: As a meme coin, DOGE is popular in the market, and Grayscal