Markets.News
ETH is leading the major cryptocurrencies lower as BTC ETF inflows surpass ETH. The US government has partnered with LINK and PYTH to colocate data on the blockchain. Additionally, plans are being made to establish a framework for offshore exchanges to reenter the market. There are currently 92 crypto-related exchange-traded products in development, with 21Shares recently filing for SEI and HYPE ETFs. Binance experienced a brief interruption in futures trading.American Bitcoin is set to be listed on Nasdaq in September, while China's CNPC is once again exploring stablecoins. JPMorgan believes that the current BTC price is too low. A $200 million BTC infrastructure acquisition special purpose acquisition company (SPAC) has been created. The total value locked (TVL) in SOL DeFi has returned to an all-time high, with DFDV purchasing $77 million worth of SOL.Caliber has established a treasury for LINK, Robinhood has launched TON spot trading, and CoinShares is eyeing a US listing.