CRYPTO HAD AN INTERESTING WEEK:
1. BTC hit $87,000, ETH $2,800 and SOL $120 for the first time in nearly 8 months.
2. ETFs bought $2.4 Billion of BTC, $690 Million of ETH and $188 Million of SOL.
3. Crypto market cap reclaimed $3 Trillion for the first time in 8 months.
4. X partnered with crypto exchanges and brokers to let users trade stocks and crypto right from the timeline.
5. Fed proposed rules allowing banks to issue their own crypto stablecoins.
6. CFTC updated guidance on tokenized funds, and the Chairman said, “It’s go time” for clear crypto rules and 24/7 markets.
7. SEC issued new guidance confirming staking tokens are not securities.
8. NYSE partnered to bring tokenized US stocks to 44M crypto accounts, while BlackRock expanded access to tokenized investment portfolios.