Scan to download
BTC $68,076.42 +2.20%
ETH $2,091.66 +3.65%
BNB $616.54 +1.07%
XRP $1.33 +0.69%
SOL $82.67 +0.09%
TRX $0.3132 -2.04%
DOGE $0.0917 +1.33%
ADA $0.2398 -1.80%
BCH $466.81 +1.37%
LINK $8.73 +1.34%
HYPE $36.15 -2.44%
AAVE $97.55 +0.70%
SUI $0.8731 +0.85%
XLM $0.1669 -0.66%
ZEC $248.25 +9.63%
BTC $68,076.42 +2.20%
ETH $2,091.66 +3.65%
BNB $616.54 +1.07%
XRP $1.33 +0.69%
SOL $82.67 +0.09%
TRX $0.3132 -2.04%
DOGE $0.0917 +1.33%
ADA $0.2398 -1.80%
BCH $466.81 +1.37%
LINK $8.73 +1.34%
HYPE $36.15 -2.44%
AAVE $97.55 +0.70%
SUI $0.8731 +0.85%
XLM $0.1669 -0.66%
ZEC $248.25 +9.63%

nse

CoinShares: Last week, digital asset investment products saw a net outflow of $414 million, ending four consecutive weeks of net inflows

According to CoinShares, digital asset investment products recorded a net outflow of funds for the first time in five weeks last week, with an outflow of $414 million, bringing the total assets under management (AuM) down to $129 billion, reverting to levels seen in early February this year. Analyst James Butterfill pointed out that the ongoing tensions in Iran and rising inflation expectations are the main triggers, and market expectations for the June Federal Open Market Committee (FOMC) interest rate decision have shifted from rate cuts to rate hikes.From a regional perspective, the outflow pressure was almost entirely concentrated in the United States, with a net outflow of $445 million in a single week; Switzerland saw a slight outflow of $4 million. Investors in Germany and Canada took the opportunity to buy on dips, recording net inflows of $21.2 million and $15.9 million, respectively.In terms of assets, Ethereum was affected by news related to the Clarity Act, with a weekly outflow of $222 million, bringing the year-to-date cumulative net outflow to $273 million. Bitcoin experienced a weekly outflow of $194 million, but still maintained a net inflow of $964 million year-to-date; Solana had an outflow of $12.3 million. XRP was one of the few assets to record a net inflow, with a weekly inflow of $15.8 million.

Plume's General Counsel attended a hearing in the U.S. House of Representatives, calling for the inclusion of tokenized securities within the existing regulatory framework

According to the official blog, Plume Network's General Counsel Salman Banaei stated at a hearing held by the U.S. House Financial Services Committee that tokenized securities should not be viewed as a completely new asset class, nor should new rules or exemptions be created for them.He argued that regulation should be driven by the economic nature and risks of financial products, rather than the technology used, and thus should incorporate new technological realities into the existing regulatory framework through targeted amendments to current regulations.Salman pointed out that utilizing public blockchains and on-chain compliance tools (such as Plume's built-in protocol-level anti-money laundering screening) can significantly enhance market transparency, reduce costs, and decrease reliance on intermediaries while maintaining or even exceeding existing regulatory standards.Finally, Salman issued a warning: the competition for global tokenized infrastructure is accelerating, with regions like Hong Kong, Singapore, and the UAE actively positioning themselves. If the U.S. falls behind in regulation due to policy uncertainty, it risks losing its leadership position in the digital transformation of global capital markets, allowing this strategic opportunity to shift to foreign competitors with different geopolitical objectives.
app_icon
ChainCatcher Building the Web3 world with innovations.