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"BTC is not a threat to the US dollar, what is really threatening the US dollar is the behavior of the current Biden administration."

ESG 𝟑 Reasons Why One Thing Doesn’t Produce Results 𝟏: Is the letter deep enough? 𝟐: Not firm enough 𝟑: Not hard enough Wherever you are-- Focus on positioning and targeting down to earth is important [Come on] [Come on] [Fist] [Fist] [Victory] [Victory]​​​​

This article will start from 7 basic issues to explain the issuance logic, technical framework, regulatory rules and potential impact of the Hong Kong dollar stablecoin, and take USDC as an example to analyze the future operating mechanism of the Hong Kong dollar stablecoin.

On July 3, a number of experts and scholars concerned about Hong Kong’s Web3 published a joint signed article in Ta Kung Pao, strongly proposing that the Hong Kong SAR government issue a Hong Kong dollar stable currency backed by Hong Kong’s foreign exchange reserves to promote financial technology innovation and enhance the competitiveness of the financial market , so that Hong Kong can maintain its competitive advantage in the digital economy era. At the end of June, Okey Cloud Chain Research Institute also published a special article entitled "Seven Questions on Hong Kong Dollar Stablecoin: Issuance Logic, Regulatory Rules and Potential Impact" on Caihua News, the most well-known financial media in Greater China, and communicated with all walks of life. Share your observations and thoughts on Hong Kong dollar stablecoins.

Ethereum is back in the spotlight after U.S.-based spot Ethereum ETFs posted their highest-ever daily inflow of $726.7 million, fueling a significant price rally. According to data from Sosovalue, this record-setting inflow marked a strong resurgence in institutional and retail interest, pushing Ether’s price to a six-month high of $3,380. The previous record for daily Ethereum ETF inflows stood at $428 million, set on December 5. Yesterday’s figures smashed that milestone, signaling growing investor confidence in Ethereum-based products. The surge comes as Ethereum continues to build on recent bullish momentum, regaining market strength after months of volatility. Institutional Demand Surges The BlackRock iShares Ethereum Trust (ETHA) led the pack with $499 million in daily inflows. This single-day performance brought ETHA’s total net inflow to an impressive $7.11 billion, making it the top-performing Ethereum ETF by a wide margin. The Fidelity Ethereum Fund (FETH) followed with $113 million in new investments, bringing its cumulative inflows to $1.98 billion. Though considerably lower than ETHA, FETH still maintains a strong lead over other Ethereum-related investment vehicles. Other ETFs also experienced notable traction. The Grayscale Ethereum Trust (ETHE) brought in $54 million, the Grayscale Mini Trust (ETH) added $33 million, and the Bitwise Ethereum ETF (ETHW) attracted $14.5 million. Collectively, these numbers reflect growing institutional faith in Ethereum’s long-term potential. Nate Geraci, president of ETF Store, highlighted the significance of this momentum in a tweet, pointing out that Ethereum ETFs have drawn $1.8 billion in capital over just five trading days. This trend suggests that institutional interest is not just returning but accelerating. Ethereum Price Reacts Strongly Ethereum’s price surged in response to the record ETF inflows. The coin saw a 7.58% increase over 24 hours, outpacing every other top-10 cryptocurrency except XRP. Ether reached $3,380, a level it hasn’t seen since January 31. Earlier in the year, ETH faced a steep decline after breaching the $3,380 mark, eventually falling below $1,500. The latest price action shows that the altcoin has recovered significantly, backed by renewed optimism and market support. Analysts believe Ethereum’s breakout is just beginning. According to a recent analysis from The Crypto Basic, Ether is targeting a rally toward the $4,000 level, supported by strong investor sentiment and rising capital inflows into spot ETFs. This potential growth also benefits other altcoins riding Ethereum’s bullish momentum. Long-Term Outlook for Ethereum The resurgence in Ethereum ETF investments highlights the growing demand for regulated exposure to crypto assets. While Bitcoin ETFs have previously dominated the conversation, Ethereum is now gaining its share of the spotlight. The recent inflows signal that institutional players are looking beyond Bitcoin and diversifying into Ethereum as the next logical step in digital asset allocation. What makes Ethereum particularly attractive is its evolving utility. The platform’s role in powering decentralized finance (DeFi), non-fungible tokens (NFTs), and smart contracts adds layers of fundamental value that institutional investors are beginning to acknowledge. Moreover, Ethereum’s transition to proof-of-stake and its commitment to network upgrades have improved its energy efficiency and scalability. These developments have made Ethereum a more appealing option for ESG-conscious investors and large funds. Conclusion The latest record-breaking inflow of $726.7 million into Ethereum spot ETFs reflects growing confidence in the asset’s future. As institutional interest accelerates and Ether’s price gains strength, market sentiment around Ethereum continues to shift positively. With ETH now holding above $3,380 and eyeing $4,000 as the next target, investors and analysts alike are watching closely. Whether this momentum continues will depend on broader market conditions, regulatory clarity, and ongoing institutional appetite for Ethereum exposure. One thing is clear: Ethereum is re-establishing itself as a dominant force in the crypto market, and the recent surge in ETF inflows is a strong signal of what may lie ahead. - - #cryptocurrency #bitcoin #altcoins