Yield-bearing Treasury-backed stablecoin USDY launches on Aptos
Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization.
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Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization.
While Bitcoin ETFs saw positive momentum at launch, Ethereum ETFs struggle with significant outflows, indicating differing investor sentiment and regulatory impacts.
CoinShares reports that Spot-based Ether ETFs debut with a significant $2.2B inflow, offset by Grayscale’s $285M net outflows.
Other analysts are also expecting a new Ether all-time high after the ETF launch, but the price is struggling to decisively breach the $3,500 mark.
Bitcoin buyers need to ramp up pressure to squeeze the market back toward all-time highs, BTC price analysis concludes.
With the approval of the spot Ether ETF in the US approaching, attention turns to its potential impact on Ethereum’s trajectory in the coming weeks.
The Cloudbreak Fund will invest in gaming finance, social finance, memecoins, derivatives, and layer-1/layer-2 projects across Chinese-speaking regions.
