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Breaking: Spot Ethereum ETFs to begin US trading on July 23

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The approved spot Ether ETF applicants included BlackRock, Fidelity and Grayscale, and are expected to bring billions of dollars into the ecosystem.

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Coin Market

Stablecoin adoption to scale on back of ‘very large’ tech firms: Bitwise

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Bitwise investment chief Matt Hougan says projections tipping stablecoins to hit $4 trillion in value by 2030 could happen if major tech firms continue to adopt them.

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Aave liquidates Kelp DAO hacker’s rsETH positions on Ethereum, Arbitrum

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Galaxy Digital’s Thaddeus Pinakiewicz noted that Aave is now only 10% short of recovering from the bad debt that hit its lending protocol after the Kelp DAO hack.

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JPMorgan, Mastercard make first cross-border US Treasury transfer via XRP Ledger

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The cross-border tokenized US Treasury transaction using blockchain and banking rails builds on an earlier pilot in which the same fund moved between a public and permissioned blockchain.

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