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XLB ETF: Its Relevance to Increased Construction Activity

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–News Direct–

The United States has recently seen a resurgence in the construction industry. Investors aiming to benefit from this rise in construction activity may want to explore an exchange-traded fund (ETF), the Materials Select Sector SPDR Fund (XLB), which offers a snapshot of this bustling sector.

As of the latest reports, the XLB ETF's strategic holdings reflect its commitment to offering diverse exposure within this thriving industry.

Key Holdings Within XLB*

XLB encompasses a diverse portfolio of businesses operating in different domains, including chemicals, construction materials, packaging and containers, metals and mining, along with paper and forest products. There are currently 28 companies in the portfolio.

Leading the pack we have Linde PLC, a global leader in industrial gasses and engineering, at 21.45%. It is followed by Freeport-McMoRan Incorporated, a leading mining company, holding 7.19% of XLB.

Next we have Sherwin-Williams, which is renowned for their excellence in paints, coatings, and related products, at 7.08%. Following is Ecolab, a prominent player in the industrial sector, making a significant contribution to XLB at 5.76%. Finally, there is Air Products and Chemicals, another key player in industrial gasses and related equipment, with 5.27%.

This extensive coverage offers investors the opportunity to tap into numerous facets of the materials sector, proving advantageous during phases of economic expansion or heightened infrastructure investment. As the construction industry continues forward, XLB, with its 0.09% expense ratio**, remains well-positioned.

Increasing Demand for Building Materials

The steady demand for building materials has been a key factor in the growing relevance of XLB. As we continue to navigate the post-COVID-19 era, construction activities are on a significant rise, creating a surge in the need for raw materials.

Furthermore, the increasing focus on infrastructure development is adding fuel to this rising demand. The recent passage of the infrastructure bill opens up avenues for substantial investments in diverse fields such as transportation, broadband, and clean energy, thereby making XLB a potentially attractive investment option.

The Materials Select Sector SPDR Fund (XLB) provides diversified exposure to the thriving materials sector. With its current demand driven by ongoing construction projects and potential infrastructure expenditure, XLB emerges as a compelling choice for investors seeking to tap into these trends.

DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication.

About the Company:

Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals.

*Holdings, Weightings & Assets as of 4/30/24 subject to change

**Ordinary brokerage fees apply

DISCLOSURES

The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing.

One may not invest directly in an index.

Transparent ETFs provide daily disclosure of portfolio holdings and weightings

All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and non-diversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing.

ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.

Media Contact:

Company: Select Sector SPDRs

Contact: Dan Dolan*

Address: 1290 Broadway, Suite 1000, Denver, CO 80203

Country: United States

Email: dan.dolan@sectorspdrs.com

Website: https://www.sectorspdrs.com/

*Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust.

SEL007537 EXP 7/31/24

Contact Details

Dan Dolan

+1 203-935-8103

dan.dolan@sectorspdrs.com

Company Website

https://www.sectorspdrs.com/

View source version on newsdirect.com: https://newsdirect.com/news/xlb-etf-its-relevance-to-increased-construction-activity-772310290

Select Sector SPDR

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Press Release

‘The Sound of Chunhyang Opens the World’ – The 95th Namwon Chunhyang Festival to Kick Off on April 30

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Namwon, Korea – 16/04/2025 – (SeaPRwire) – Motivated by the Joseon Dynasty’s Chunhyang love story, the festival sees a growing number of foreign visitors engaging in K-culture experiences.

Korea’s oldest traditional regional festival, soon to mark its 100th anniversary, aims to attract 2 million visitors. A classic Korean love story comparable to “Romeo and Juliet” is now gaining global attention as a cultural festival celebrating K-culture experiences. The spotlight is on the Chunhyang Festival, held in Namwon, Jeollabuk-do Special Self-Governing Province, the hometown of love and tradition.

The name ‘Chunhyang’ in the festival comes from the heroine of “The Tale of Chunhyang,” a traditional Korean love story handed down from the Joseon Dynasty, symbolizing love and fidelity. The story has been reinterpreted with a modern sensibility and transformed into a regional cultural festival enjoyed by people of all ages.

The Namwon Chunhyang Festival, which began in 1931 and celebrates its 95th edition this year, is the oldest regional festival in Korea and one of the most beloved traditional cultural events. Selected as an outstanding festival by the Ministry of Culture, Sports and Tourism and ranked first in the traditional arts category, it has grown into a nationally recognized regional event. Last year, it welcomed 1.2 million visitors, positioning itself as a global festival that draws international attention.

The 95th Chunhyang Festival will take place from April 30 to May 6 across Namwon’s Gwanghallu Garden and the Yocheon Stream area. Under the theme “The Sound of Chunhyang Opens the World,” the festival will feature 100 diverse programs in anticipation of its centennial anniversary.

Chunhyang Festival Connecting Past, Present, and the World Through Sound

This year’s main concept of Chunhyang Festival is ‘sound’. A variety of musical performances will be presented to allow people from around the world to relate and enjoy together. Aspiring to become a high-quality global music festival, the event will be organized around three themes: the Sound of Korea, the Sound of the World, and the Sound of Fusion.

Highlights include a 300-member civic choir, traditional Korean music performances, international ensemble exchanges, a K-pop dance competition, and the Chunhyang Ball. These diverse performances will be staged throughout Namwon, with nightly shows at Gwanghalluwon Garden offering unforgettable moments.

As the festival is centered on the theme of sound, there will also be performances by band music teams that can communicate with various generations beyond Korean national music. On May 5 and 6, the outdoor stage at Love Square will host the national band contest “Let PungROCK Resound!” Featuring a mix of intense genres like rock, metal, and punk with smoother ones like blues and jazz, the contest will provide citizens and visitors with a rich musical experience.

Throughout the week, the “One Day Spring Dream Concert” will showcase modern Korean traditional music alongside pop artists. Each day will feature performances by pop singers, international artists, music bands, and orchestras, captivating audiences with both sight and sound.

Immersive Korean Traditional Culture Experiences in Hanbok

Hanbok, the traditional Korean attire that gained global fame through BTS and BLACKPINK’s music video and performances, is now a must-do experience for international visitors. With its graceful colors, patterns, and textures, Hanbok rental is available throughout the Chunhyang Festival for guests to fully immerse themselves in Korean culture.

During the week of the Chunhyang Festival, event staff members wear traditional hanbok to greet visitors. Visitors, too, can freely walk around the festival grounds dressed in hanbok of their choice, which they can personally select and rent, fully immersing themselves in the atmosphere of traditional Korean culture.

Not only foreign visitors but also numerous citizens of all ages enjoy the festival programs wearing hanbok. Throughout the festival grounds, photo zones are set up where visitors dressed in hanbok can take commemorative photos, capturing the memorable moments of the Chunhyang Festival.

Hanbok wearers can also take part in various cultural programs for a deeper experience. At Gwanghalluwon Garden, visitors can participate in tea ceremonies using prepared tea leaves, spinning a bowl games, traditional cup and ball games, and enjoy master performances at the historic Gwanghallu Pavilion, a National Treasure No. 281. The comedic “Pumba” performances in the canola flower fields will allow participants to special experience Chunhyang’s world firsthand.

Popular programs such as the “Daedong Street Performance” street parade and “Hanbok Ball” will also be held. The Daedong Street Performance parade, themed after the Tale of Chunhyang, features citizen participation along with special international performers, taekwondo demonstrations, and police motorcycle parades, offering a vibrant spectacle. With people of all ages and nationalities joining the parade, the entire city of Namwon will be filled with music and excitement.

Namwon’s multilingual tourism information system will help all visitors enjoy the festival with ease.

A Feast for the Five Senses: Family Zone, Camping Zone, and Food Zone

Evolving from a traditional cultural festival to a global event nearing its 100th year, the Chunhyang Festival will feature a dedicated “Family Zone” at Love Square, ensuring convenience for families with young children.

The Family Zone includes amusement rides, various performance programs, food trucks, and amenities. Popular attractions like air bouncers, Viking rides, and disco pang-pang, along with circus acts, bubble shows, and magic shows, will keep families entertained. Finger food-friendly food trucks and comfortable rest areas, including nursing rooms, are also provided.

Four free shuttle bus routes will be in operation for easier access to the venue, running every 20 minutes from 10 AM to 11 PM. To accommodate the expected surge in visitors, car camping and camping zones will be established in six areas, including Yocheon Eco Park and Geumam Park, accommodating up to 340 vehicles including caravans and passenger cars.

A wide variety of foods made using local specialties will also be available. A barbecue zone, a traditional food court, and a food truck zone within the Family Zone will be in operation, and visitors will also be able to enjoy cocktails made with Namwon’s traditional liquor at various spots throughout the venue. In particular, the traditional food court operated directly by local residents offers a chance to experience and savor the diverse flavors of K-Food that has recently captured the taste buds of people around the world.

Nights Brighter Than Days: Night Views, Music, and Fireworks

The nights of the Chunhyang Festival shine even brighter than the days. A 3-hectare field of canola flowers along the Yocheon Stream sets the backdrop for breathtaking sunsets and golden blooms. With scenic lighting and photo zones, visitors can also enjoy the canola flower field at night.

Traditional Korean lanterns, Cheongsachorong, placed throughout Namwon, will cast a warm glow, symbolizing love and hope. The fireworks at the festival’s opening and closing ceremonies will add a spectacular finale, leaving lasting memories of this spring’s most special moments.

Media contact

Organization: Chunhyang

Contact: Park Jungna

Email: jra0381@chunhyang.org

Phone: 010-7674-0381

Website: https://www.chunhyang.org/eng

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Press Release

CoinW Has Launched WalletConnect(WCT) and Kicks off a $10,000 USDT Reward Program

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CoinW has listed WCT(NEW), the native token of WalletConnect, a leading cross-chain wallet protocol connecting over 600 wallets and 40,000 dApps. WalletConnect enables seamless, secure wallet-to-dApp connections across blockchains like Ethereum and Solana. To celebrate, CoinW launched a 10,000 USDT bounty program for users trading WCT(NEW)/USDT starting April 15th, 2025.

CoinW officially listed the WCT(NEW), a cross-chain wallet, at 11:00 (UTC) on April 15th and opened the WCT(NEW)/USDT trading pair. To celebrate the listing of WCT(NEW) are launching the “WCT(NEW) Bounty Program” event with a reward pool of 10,000 USDT. 

 

Revolutionizing Wallet-to-DApp Connectivity 

WalletConnect is a universal on-chain UX protocol that enables secure and seamless connections between wallets and decentralized applications (dApps) across blockchains like Ethereum, Solana, and Cosmos. With over 40,000 dApps and 600+ wallets integrated, the protocol has facilitated more than 150 million secure connections, acting as the TCP/IP of Web3 wallet connectivity. WCT, the network’s native token, plays a vital role in staking, governance, and incentivizing network activity, launching initially on the Optimism mainnet. 

As the Web3 space grows, WalletConnect empowers users with the flexibility to connect any wallet to any dApp. Whether it’s using a secondary wallet for exploration or switching to a main wallet after establishing trust, WalletConnect ensures a fluid and secure experience. 

Backed by Industry Giants, Designed for Decentralization 

WalletConnect has attracted strong institutional backing, with Coinbase Ventures, Uniswap Labs, Polygon Ventures, and HashKey Capital among its investors, contributing to a total funding of $24.75 million. The WCT tokenomics model supports sustainable development, with allocations for core development, staking rewards, community airdrops, and decentralized governance. Notably, 27% of the token supply is reserved for ecosystem growth through the WalletConnect Foundation. 

WCT Listing Celebration:  Win Your Share of $10,000 USDT  

To celebrate the listing, 10,000 USDT equivalent prize pool has been up for grabs from April 15th, 2025, at 11:00 (UTC) to April 22nd, 2024, at 16:00 (UTC). By participating in events such as registration, trading, and community events, CoinW users have the opportunity to share in a prize pool of 10,000 USDT.   

To claim your rewards, please click here

About CoinW 

Founded in 2017, CoinW has become a leading global cryptocurrency asset trading platform, serving over 220 million users in 200+ countries. The platform offers one-stop intelligent trading services, with a daily trading volume surpassing $20 billion and ranking 4th in CMC contracts. With over 10 million registered users, CoinW focuses on empowering wealth growth and blockchain innovation, continuously optimizing its product structure. Since 2022, CoinW has expanded its brand influence through international sports sponsorships and a partnership with football legend Andrea Pirlo. Committed to social responsibility, CoinW has donated supplies to orphanages in Africa and supported animal welfare initiatives in Taiwan. Looking ahead, CoinW aims to drive global financial inclusion, lead the cryptocurrency industry, and accelerate the adoption of blockchain technology and digital assets. To learn more about CoinW, you can visit the website, and follow CoinW’s X Account, and Telegram Group

 

 

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Press Release

HODL 2025: Blockchain’s Brightest Minds. All in Dubai

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Dubai, UAE, 16th April 2025, ZEX PR WIREHODL 2025, set for 14-15 May 2025 at the Madinat Jumeirah in Dubai, follows the Dubai FinTech Summit and marks a new chapter for Trescon’s flagship event. Formerly known as the World Blockchain Summit, the event has been at the forefront of blockchain innovation for nearly a decade. As the world’s longest-running crypto and Web3 summit series, HODL 2025 will bring together over 5,000 industry leaders, innovators, and investors to explore the technologies and trends that will define the next decade.

Join the discussion on the groundbreaking shifts reshaping Web3, crypto, and DeFi.

Institutional adoption is accelerating as TradFi ramps up its crypto play, while evolving regulations set the stage for the next compliance era. DeFi 2.0 is breaking boundaries with real-world integrations, and AI-powered blockchain innovations are pushing scalability to new heights alongside next-gen cross-chain interoperability.

From RWA tokenization unlocking trillions in liquidity to Web3 gaming emerging as the next digital frontier, and modular blockchain architectures revolutionizing infrastructure—this is where the future of the industry unfolds. Expect hot takes on market trends, the rise of Layer-2 solutions, and blockchain’s expanding role in enterprise innovation

HODL 2025 is where the industry’s brightest minds come together to collaborate and explore the real-world impact of blockchain and Web3 technologies.

What to Expect at HODL 2025:

  • Investor & Collaboration Access: Connect with over 500 investors looking to fund blockchain projects and seize opportunities for collaboration with industry leaders and innovators. HODL 2025 is the place to secure funding and form strategic partnerships.
  • Brand Exposure & Strategic Insights: With 60+ media and listing partners, your brand will gain global visibility. At the same time, discover how emerging blockchain technologies are transforming industries and learn how to leverage them for growth.
  • Powerhouse Speakers & Networking: Hear from leading experts in blockchain, AI, DeFi, and Web3. Plus, meet entrepreneurs, regulators, and investors from around the world, expanding your network and gaining valuable insights.
  • Collaborative Discussions: Engage in focused discussions on governance, tokenization, and interoperability, gaining practical insights to solve real-world challenges in the blockchain space.

There was a time when brands set up individual meetings to pitch their ideas. But at HODL 2025, you’ll be under one roof with not just your target prospects, but thousands of potential collaborators. This is where you can pitch your ideas, collaborate in real-time, and expand your network to include key players from across the blockchain ecosystem.

The lead generation process has evolved. Events like HODL bring together both the solution and the user in one space. This creates an ideal environment for forging meaningful connections, driving innovation, and building strategic partnerships that will shape the future of blockchain.

As we look forward to the discussions at HODL 2025, Nils Andersen-Röed, Global Head of FIU at Binance, said, “Excited to share insights on blockchain and connect with leaders driving GameFi, NFTs, and Web3 advancements at HODL 2025.”

Billal Yamak, Head of Growth GCC, The Sandbox, added, “HODL 2025 is where the future of Web3 and crypto innovation takes shape. I am thrilled to collaborate with pioneers shaping this exciting digital revolution”

Alongside Nils Andersen-Röed, the summit will feature a distinguished lineup of speakers, including:

  • Corbin Fraser, CEO, Bitcoin.Com
  • Robert Crossley, Global Head of Industry and Digital Advisory Services, Franklin Templeton
  • Gracy Chen, CEO, Bitget
  • Viktor Fischer, Managing Partner, RockawayX
  • Talal Tabbaa, CEO, CoinMena
  • Luther Maday, Global Head of Payments, Algorand Foundation
  • Dyma Budorin, Co-Founder & CEO, Hacken

With its deep focus on blockchain adoption, AI integration, DeFi, NFTs, and institutional investments in Web3, HODL continues to be the premier networking destination for industry stakeholders.

For more information, visit: https://bit.ly/4cC9HyM

Unlock your FREE access to HODL 2025 (limited time only). Click here to claim!

This 30th edition of HODL Summit is supported by

  • Platinum SponsorLiquid Loans
  • Gold SponsorsTata Consultancy Services | Gofaizen & Sherle
  • Silver Sponsor – Facephi
  • Bronze Sponsors – Skygate Network | FMCPAY | Solutions
  • Exhibitors – SWAG42 | Thesaurum
  • Startup Exhibitors – Scintilla | Boston Trading Co
  • Association Partners – Global Blockchain Business Council (GBBC) | D2A2 | DGroup Capital
  • Experiential Partner – Lazulite Technology Services
  • Official Media Partner – CNN Business Arabic
  • Official Digital PR Distribution Partner – ZEX PR WIRE

For further inquiries, contact:
Shadi Dawi
Sr. Director – PR, Comms., & Media
M: +971 55 498 4989 | E: shadi@tresconglobal.com

About HODL

HODL, born from the legacy of the iconic World Blockchain Summit (WBS) and organised by Trescon, is the World’s Longest-Running Crypto and Web3 Summit Series with 29 global editions across cities like Dubai, Singapore, and Bangkok. Since 2017, HODL has served as a platform for blockchain deal-making, innovation, and connecting disruptive projects with investors, enterprises, and governments.

Join HODL Dubai on 14-15 May 2025, to engage with industry leaders, explore cutting-edge blockchain developments, and secure your place at the forefront of Web3 innovation.

Visit https://bit.ly/4cC9HyM for more details and ticket information.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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