Fluid launches Fluid Lite USD, a stablecoin Vault product with fixed yields.
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Bloomberg analysts: June ETF market saw record-breaking data, with both inflows and new product launches exceeding expectations.
PANews reported on July 5th that Eric Balchunas, a senior ETF analyst at Bloomberg, analyzed that the ETF market experienced a "June SANITY" level performance in June, with many indicators approaching or breaking historical records. Data shows that net inflows into ETFs reached $191 billion that month, the second-highest monthly level on record, averaging approximately $9 billion per day, covering about 2,700 different funds. At the same time, the number of new ETF products launched in June reached 214, approximately 10 per day, significantly breaking historical records. Furthermore, the total trading volume of ETFs in June reached $7 trillion, the second-highest level on record. Eric Balchunas concluded that this series of data reflects a comprehensive explosion in the ETF market in terms of inflows, new product launches, and trading activity.
MoneyGram launches Visa stablecoin card as remittance rivals expand
MoneyGram is following rival Western Union’s lead, rolling out a Visa stablecoin debit card as it expands blockchain-based payments.
Binance launches BTC Yield, a BTC-based yield strategy product designed for BTC holders.
Odaily Odaily reported on July 7th that Binance announced the launch of a new advanced wealth management product, BTC Yield. BTC Yield is an open-ended yield strategy product denominated in BTC, designed for long-term holders who want to explore potential yield opportunities in Bitcoin without frequent market trading. BTC Yield is one of the first Bitcoin covered call option yield products launched by a mainstream cryptocurrency trading platform for both general and institutional users, demonstrating Binance's continued expansion from a trading platform into a broader financial super application. Shunyet Jan, Head of Exchange and Trading at Binance, said, “BTC Yield further enriches the product options Binance offers its users, allowing them to realize the value of digital assets in more ways. Covered call option strategies are quite mature in traditional financial markets, but direct participation by ordinary investors is usually quite difficult. BTC Yield simplifies this strategy, making it easier for Bitcoin holders who want to capture potential returns without frequent market trading to participate.” To celebrate the launch of BTC Yield, Binance Wealth Management is launching a limited-time promotion where eligible BTC Yield subscribers will have the chance to share a prize pool of 100,000 USDC.
Binance Research: Over 700 Binance equity products have been traded, with 71% of holdings allocated to the technology sector.
According to ChainCatcher, Binance Research's monthly market insights show that over 700 of the approximately 7,000 stocks and ETFs tradable on Binance have already seen trading activity, indicating initial user participation in equity products. The report states that about 71% of Binance equity holdings are allocated to the technology sector, with approximately 48% of funds flowing into semiconductors, a category with trading volume about 23 times that of other categories. In terms of thematic fund flows, Binance equity holders' allocations are relatively diversified, with 25% flowing into AI infrastructure and computing power, 22% into quantum computing, and relatively higher allocations to cutting-edge themes such as space and satellites, robotics and humanoid robots. Meanwhile, broader ETF fund flows are primarily concentrated in semiconductors and AI storage. Furthermore, the report shows that at the portfolio level, 41% of Binance equity holders' holdings are allocated to crypto assets, 37% to stablecoins, and 22% to stocks.
ECB launches Pontes to settle tokenized assets without stablecoins
Pontes will expand its services and operating hours gradually, with full implementation expected by 2028 and more participants set to join.
Kast launches stablecoin-powered business platform after $80M raise
Kast aims to onboard between 1,000 and 5,000 active businesses to its new platform by the end of 2026.