ProShares Launches Treasury ETF for GENIUS Stablecoin Reserves

US-based exchange-traded funds issuer ProShares has launched a money market ETF designed to qualify as an eligible reserve asset under the GENIUS Act, positioning it for potential use by stablecoin issuers. The ProShares GENIUS Money Market ETF, trading under the ticker IQMM, invests exclusively in short-term US Treasurys. Unlike conventional government money market funds, it uses a floating net asset value (NAV) based on market pricing and trades intraday on an exchange. According to an announcement on Wednesday, the structure includes same-day settlement and dual NAV features designed for institutional…

Alex Zozos: Tokenized securities are classified as securities, the SEC’s evolving role in on-chain trading, and how blockchain enhances trading efficiency

Tokenized securities are classified as securities under current regulatory frameworks. The SEC’s dual role in enforcement and policy is crucial for understanding its operations. Tokenization can enhance trading efficiency through modern technology. Key takeaways Tokenized securities are classified as securities under current regulatory frameworks. The SEC’s dual role in enforcement and policy is crucial for understanding its operations. Tokenization can enhance trading efficiency through modern technology. Decentralized systems can improve the resilience of capital markets. The market should determine the best approaches to tokenization, with transparency about risks. Blockchain technology…

Jeff Park: Low trading volume hampers Bitcoin price discovery, Hong Kong as a bridge for Chinese capital, and shifts in options trading signal market sentiment change

Shifts in Bitcoin trading dynamics hint at a potential market reversal amid changing investor sentiment Key takeaways Low trading volume can lead to inefficient price discovery in the Bitcoin market. The current Bitcoin price action is significantly influenced by trading activities on ibit, which has grown larger than deribit. A recent shift in options trading indicates a significant change in market sentiment. We can expect a potential reversal in price action under the right conditions. Hong Kong serves as a crucial conduit for Chinese capital into Western financial systems. There…

Adam Posen: Inflation expected to hit 4% by year-end, youth unemployment rising due to post-COVID mismatches, and tariffs’ delayed impact on economic pressures

Inflation is projected to reach 4% by the end of the year, driven by current economic trends. The trajectory of inflation is upward, suggesting ongoing economic pressures. Labor market issues are more about mismatches than a slowdown in demand. Key Takeaways Inflation is projected to reach 4% by the end of the year, driven by current economic trends. The trajectory of inflation is upward, suggesting ongoing economic pressures. Labor market issues are more about mismatches than a slowdown in demand. African American unemployment is affected by specific government spending changes.…

Ripple CEO Confirms White House Meeting between Crypto, Banking Reps

The White House has held another meeting between representatives from the cryptocurrency and banking industries on a market structure bill under consideration in the US Senate, seeking to iron-out differences on stablecoin yield provisions, among other issues. In a Thursday Fox News interview, Ripple CEO Brad Garlinghouse said that the company’s chief legal officer, Stuart Alderoty, attended the meeting with White House officials earlier in the day. The CEO’s comments came after unconfirmed reports that the Trump administration would follow its Feb. 10 meeting on the CLARITY Act, a bill…

Bitcoin ETFs Retain $53B in Net Inflows After Sell-Off

US spot Bitcoin exchange-traded funds (ETFs) may be seeing heavy outflows lately, but the broader picture tells a different story. According to Bloomberg ETF analyst Eric Balchunas, cumulative net inflows into Bitcoin (BTC) ETFs peaked at $63 billion in October and now stand at about $53 billion, even after months of redemptions. “That’s NET NET +$53b in only two years,” Balchunas wrote on X, sharing data compiled by fellow analyst James Seyffart. The figure far exceeds Bloomberg’s early projections, which had called for inflows of $5 billion to $15 billion…

Jeremy Allaire: Stablecoins are redefining global money usage, bridging fiat and crypto networks, and necessitating regulatory collaboration

Stablecoins act as a crucial bridge between fiat currencies and crypto networks, facilitating smoother transitions. The emergence of stablecoins represents a new, general-purpose architecture for money on the internet. We are on the cusp of a global transformation in how money is utilized, driven… Key Takeaways Stablecoins act as a crucial bridge between fiat currencies and crypto networks, facilitating smoother transitions. The emergence of stablecoins represents a new, general-purpose architecture for money on the internet. We are on the cusp of a global transformation in how money is utilized, driven…

Bitcoin Holders Defend Range As $55K Floor Looms: Glassnode

Bitcoin’s (BTC) market structure shifted into a corrective phase after losing a key onchain valuation level in late January. Glassnode data shows that BTC’s price is compressing within a 2024-era demand zone as liquidity conditions soften. At the same time, BTC’s supply is steadily shifting into long-term, retail-linked wallets while exchange activity has cooled. This mix of technical and onchain data, along with the current capital rotation, may shape the next steps for Bitcoin price. Bitcoin lost its active supply cost price, but holders defend $60,000 In its weekly “The…

ORQO launches yield protocol on XRP Ledger, unlocking RLUSD utility

ORQO Group has deployed its tokenized yield platform Soil on the XRP Ledger, marking its first expansion beyond EVM networks and bringing compliant asset-backed returns to RLUSD holders. The protocol represents the first regulated yield product built natively on XRPL for the stablecoin, which was originally designed for payments and cross-border settlement. The firm said its inaugural asset pools totaling $1 million were fully subscribed within 72 hours, with additional pools expected in the coming weeks. Through the platform, returns are sourced from low volatility strategies including private credit, tokenized…

Four Sub-$60,000 BTC Price Levels Form Bitcoin Bottom ‘Roadmap’

Bitcoin (BTC) has four new key support levels to watch as a fresh wave of bearish BTC price action aims to push the market price below $50,000. Key points: Bitcoin’s realized prices remain important milestones as the market forms a long-term floor. Binance users’ deposit cost basis is next up as a safety net, says analysis. Realized losses reach levels unseen since the end of the 2022 bear market. BTC price analysis puts focus on Binance traders New analysis from Burak Kesmeci, a contributor to onchain analytics platform CryptoQuant, sees…