Wednesday Oct 16, 2024

44 - Digital Yuan Hits $1 Trillion As Bitcoin ETFs Surge And Grayscale Expands

China's digital yuan reaches $1 trillion in transactions with 180 million wallets opened. Bitcoin ETFs see significant inflows totaling $186.8 million, led by Fidelity. Ethena Labs allocates $46 million to tokenized real-world assets. Grayscale considers adding 35 new altcoins to its investment products, including Aptos and Dogecoin.

Sources:
https://cryptoslate.com/china-central-bank-reports-significant-growth-in-cbdc-adoption/
https://cryptoslate.com/insights/fidelity-spearheads-186-million-surge-in-bitcoin-etf-inflows-ethereum-etfs-face-15-million-outflow/
https://www.nftgators.com/ethena-reveals-winners-of-its-tokenised-rwa-reserve-fund-including-blackrocks-buidl/
https://dailyhodl.com/2024/10/15/crypto-giant-grayscale-considering-adding-aptos-apt-dogecoin-doge-and-33-other-altcoins-to-product-family/

Outline:
(00:00:00) Introduction
(00:00:34) People's Bank of China reports significant growth in CBDC adoption
(00:02:55) Fidelity Spearheads $186 Million Surge in Bitcoin ETF Inflows
(00:06:29) BlackRock's BUIDL Wins in Ethena's Tokenised RWA Reserve Fund
(00:08:41) Crypto Giant Grayscale Considering Adding Aptos (APT), Dogecoin (DOGE) and 33 Other Altcoins to Product Family

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