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SBI Holdings has filed for two distinct ETFs in Japan: one focused on XRP and Bitcoin, and the other merging gold-backed securities with digital currencies, broadening investment opportunities.
Share link:In this post: BlackRock’s Ether exchange-traded fund (ETHA) offloaded $101,795 ETH, totalling almost half a billion dollars in daily outflows. The fund still recorded $9.3 million in net inflows despite the selloff. U.S. spot Ether ETFs also recorded the most inflows of roughly $726M on July 16, with ETHA contributing more than $499 million.
Share link:In this post: The U.S. collected $30 billion in tariff revenue in July, a 261% increase since March. Trump delayed new tariff rules to August 7 and signed 11 trade deals with key partners. Consumer debt hit $18.4 trillion, with serious student loan delinquencies reaching 12.9%.
Share link:In this post: Indonesia is reportedly open to adding BTC to its national reserve as the VP’s office and other parties push. A proposal has been made to include Bitcoin as an investment option for the country’s newly launched Daya Anagata Nusantara Investment Management Agency (BPI Danantara). Proponents of the proposal argue that allocating IDR 300 trillion (about $18.3 billion) to Bitcoin could help reduce Indonesia’s national debt.
Share link:In this post: The U.S. government picked OpenAI, Google, and Anthropic to provide AI tools to federal agencies. This makes it faster and easier for agencies to use AI for chatbots and fraud detection. Before approval, the government checked these tools for safety, performance, and bias.
Share link:In this post: Moscow received less than $10 billion from oil and gas in July. The drop in energy revenues comes amid geopolitical and trade tensions. Russia expects $150 billion less in budget receipts from oil and gas in August.
Share link:In this post: Japan’s stock market has rebounded near record highs despite last year’s crash, helped by improved BOJ communication, corporate reforms, and a softer U.S. tariff stance. Investor confidence is holding firm even as the yen remains volatile, thanks to rate transparency, foreign buybacks, and belief in Japan’s long-term growth story. Future gains hinge on yen stability, with global rate moves, trade tensions, and domestic tax policy likely to shape the next phase of the rally.
- 20:57Circle has no plans to issue a Korean won stablecoin.According to Jinse Finance, over the past week, Circle President Heath Tarbert visited South Korea and held meetings with the Bank of Korea as well as the country's four major commercial banks (KB Kookmin Bank, Shinhan Bank, Hana Bank, and Woori Bank). Multiple media outlets reported that Circle has no intention of participating in the issuance of a Korean won stablecoin. Mr. Tarbert's goal was to explore how banks can utilize their USDC token.
- 20:36The Federal Reserve finalizes new capital requirements for major banks, Morgan Stanley files for reconsiderationJinse Finance reported that the Federal Reserve announced on Friday that it has finalized new capital levels for the largest U.S. banks following June's stress tests, but added that Morgan Stanley (MS.N) is seeking a reassessment of its soon-to-be-effective capital level. The new capital requirements will take effect on October 1. If the Federal Reserve adopts a proposal currently under review, which would average the results of two years of stress tests, the requirements will be updated. Based on the annual large bank financial stress tests, the Federal Reserve assesses how banks would perform under hypothetical adverse economic scenarios and sets their capital buffer levels accordingly. Morgan Stanley is requesting a reconsideration of its results, and the Federal Reserve will announce its decision by the end of September.
- 20:17All three major U.S. stock indexes closed lower, but each has risen for at least four consecutive months.According to Jinse Finance, all three major U.S. stock indexes closed lower. The Nasdaq fell 1.15%, down 0.19% for the week, but up 1.58% in August; the S&P 500 Index dropped 0.64%, down 0.1% for the week, and up 1.19% in August; the Dow Jones fell 0.2%, down 0.19% for the week, and up 3.2% in August. Among them, the S&P 500 Index and Dow Jones have risen for four consecutive months, while the Nasdaq has risen for five consecutive months. Most large technology stocks declined: Tesla, Nvidia, and AMD fell more than 3%, Intel dropped more than 2%, Amazon, Meta, and Netflix fell more than 1%, while Microsoft and Apple saw slight declines; Google edged up slightly.