Web3 never clocks out. While you were weekending, the timeline kept cooking. Here’s what you missed: - Hong Kong’s CMB International (yep, subsidiary of one of the world’s biggest banks) just rolled out regulated crypto trading. - Digital asset funds? They raked in $3.75B inflows last week, the fourth-largest week on record. - ETH ETFs are dunking on BTC ETFs: $2.85B vs $547.82M. (ETH maxis enjoying this one a little too much). - Fun Fact: If all 21M Bitcoin were split evenly across humanity, each person would only get 0.0025 BTC. That’s about half a Starbucks latte in 2030 terms. For perspective: Bitcoin was worth about $257 today in 2016. CT was still fighting over ICO whitepapers back then. Tokenized Assets Hit $270B! ETH holds the keys Tokenization is no longer a narrative; it’s a $270B Assets Under Management (AUM) reality, according to Token Terminal. Ethereum holds 55% of all tokenized assets! Why ETH? - Standardized smart contracts (ERC-20 gang still undefeated). - Stablecoins like USDT, USDC, PYUSD thrive here. - BlackRock’s BUIDL fund shows institutions are comfy parking money on-chain. But tokenization isn’t just coins anymore: - Commodities - Treasuries - Private credit - Private equity - Venture capital This is Wall Street on-chain, and ETH is the settlement layer. Institutions Quietly Building on ETH Signs keep stacking: - PayPal’s PYUSD (ETH-only) has cracked $1B supply. - BlackRock’s tokenized fund is fast becoming a blueprint for TradFi on-chain. - Ethereum’s PoS + rollups = cheaper, faster, greener rails. Retail + Institutions = Same Playground - Retail: Using stables to send money cross-border or ape into DeFi. - Institutions: Using tokenized treasuries and credit instruments for yield and efficiency. Ethereum’s building the bridge that both sides are actually crossing. ETH Traders, Chill (Or Don’t) Even with all this bullish tokenization hype, ETH charts are looking spicy: - Analysts say ETH is in its second-largest sell wave ever. - Still, 98% of the supply is in profit (meaning lots of paper hands could get itchy). - TL;DR: Long-term bullish, short-term volatile. Trade accordingly, fam. That’s today’s scoop. ETH’s carrying TradFi, banks are onboarding, and tokenization has arrived! 📌 Save it, share it, or pin it for when your normie friends ask why ETH is more than just gas fees.
Show original
23.77K
46
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.