BlackRock Brings Major Fund to Aptos, Boosting Its Role in Digital Finance 🚀
#BlackRock has expanded its USD Institutional Digital Liquidity Fund (BUIDL) to Aptos, a high-performance blockchain tailored for institutional finance. This move highlights Aptos’ growing role in tokenized assets, a market projected to reach $600 billion by 2030.
With BUIDL, Franklin Templeton’s FOBXX, and Ondo Finance’s #USDY all live on Aptos, the platform is becoming a preferred choice for global financial institutions. Known for its speed, #security , and low fees, Aptos is establishing itself as a foundational Layer 1 blockchain for the future of finance, combining traditional financial stability with decentralized innovation.
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Could a New SEC Chair Boost Ether Price and Enable Staking Rewards for Spot ETH ETFs? 👀
The recent election of Donald #Trump , who aims to replace SEC Chair Gary Gensler, may reshape U.S. crypto regulation in ways that benefit Ethereum (ETH) and spot ETH ETFs. With a crypto-friendly SEC chair, analysts suggest spot ETH ETFs might offer staking rewards, potentially driving increased inflows and ETH price growth. The SEC under #Gensler enforced strict staking measures, impacting ETF performance.
A new chair could ease these restrictions, attracting both institutional and retail investors through competitive #ETFs with staking yields. However, regulatory and political obstacles remain, as any new chair would face constraints and opposition in swiftly altering current policies.
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