Tether Gold Market Cap Surpasses $800 Million as Physical Bullion Hits Record Highs
Main Idea
Tether Gold's market cap exceeds $800 million backed by 7.66 tons of physical gold, while Twenty One Capital expands its Bitcoin holdings to over 43,500 BTC, reflecting growing institutional interest in crypto assets.
Key Points
1. Tether Gold (XAUt) is a tokenized asset backed by physical gold, with 7.66 tons of bullion supporting over 259,000 tokens in circulation.
2. Twenty One Capital increased its Bitcoin reserves to approximately 43,500 BTC, exceeding initial projections by 1,500 BTC.
3. Avalanche secured a $250 million capital infusion for real-world assets (RWA), targeting US Treasurys and collateralized loan obligations (CLOs).
4. The SEC approved in-kind creations and redemptions for crypto ETFs, improving efficiency for Bitcoin and Ether spot ETFs.
5. BlackRock’s iShares Ethereum ETF surpassed $10 billion in assets, one of the fastest paces in US ETF history.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Tether Gold (XAUt)
Latest News
- Bitcoin Fear and Greed Index Drops to 55 Amid Declining Market Greed Sentiment2025-08-02 05:51:29
- Bitcoin Nears $114,000: Potential Drivers and Risks Behind the Recent Price Surge2025-08-02 05:26:11
- Bitcoin Eyes $100,000 as Ethereum Holds $3,000 Support Amid Global Economic Shifts2025-08-02 05:25:49
- Dogecoin Forms Falling Wedge Pattern Near $0.21 Support, Analysts Eye Potential Move Toward $0.2652025-08-02 05:25:31
- Mill City Ventures III May Expand $500M Equity Line to Boost SUI Treasury Amid Share Price Volatility2025-08-02 05:13:20