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US Bank Resumes Bitcoin Custody Amid Eased Rules
US Bank Resumes Bitcoin Custody Amid Eased Rules

US Bank has restarted its Bitcoin and ETF custody services after a four-year pause, citing eased regulations and rising demand. Partnering with NYDIG, the bank aims to provide secure, regulated digital asset access for institutions.

BeInCrypto·2025/09/03 16:36
Flash
02:10
Bitwise has submitted an application for a Uniswap ETF, but UNI's price trend is completely different.
According to a report by Bijie Network: Bitwise has registered a trust in Delaware for a potential Uniswap ETF in response to future regulatory changes. Although this preparation led to a 3.83% increase in UNI's price to $4.82, it stands in sharp contrast to broader ETF fund flows, which show an outflow of $63.53 million from Ethereum and inflows into assets such as XRP and SOL. Despite upgrades to its governance mechanism, UNI's recent market performance remains sluggish, indicating a disconnect between protocol progress and price performance.
02:07
Goldman Sachs downgrades Indonesian stock market to "underweight," warns that downgrade risk could trigger a sell-off
Glonghui, January 29|Goldman Sachs analysts have downgraded the Indonesian stock market rating to "underweight" and warned that MSCI's concerns over the investability of the Indonesian market could lead to the country's market being downgraded to frontier market status, triggering an outflow of more than $13 billion. Goldman Sachs predicts that in the extreme case of Indonesia being reclassified from an emerging market, passive funds tracking the MSCI index may sell up to $7.8 billion in assets. If FTSE Russell reassesses its free float methodology and market status, it could further trigger an outflow of $5.6 billion. Goldman Sachs analysts stated: "We expect (in the future) more passive selling, and see this development as a potential pressure that will hinder market performance." In addition, given that active fund managers in the region are overweight on the Indonesian market, the potential pressure from a possible downgrade, combined with rising market pressure and potentially reduced liquidity, is likely to prompt pure long investors to adjust their portfolios. This could also trigger speculative capital flows from hedge funds.
02:02
ONDO USDY officially launches on the Sei network
BlockBeats News, January 28, the flagship product USDY (United States Dollar Yield) of the RWA platform Ondo Finance will officially launch on the high-performance Layer 1 blockchain Sei Network at 9:30 AM EST on January 28 (10:00 AM Beijing time, UTC+8, January 29). As the first tokenized US Treasury product on Sei, USDY brings users a composable, yield-bearing, on-chain asset backed by US Treasuries. USDY is currently one of the most widely adopted tokenized treasury assets in the market, with a market capitalization exceeding $1.28 billion. This launch marks the official integration of institutionally validated high-quality assets into Sei's high-performance infrastructure.
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