Crypto ETFs have entered the financial mainstream. The article charts their explosive growth, increasing institutional adoption, and competition with gold as a key asset.
Initial jobless claims surged to 263,000 last week — the highest in 4 years — signaling weakening growth and bringing stagflation fears to the forefront.
Total value locked on Kinetiq has jumped from roughly $458 million in July to over $2.1 billion today. Part of the increase can be attributed to a rise in the price of HYPE, and the other big driver has been raw deposits.