# Сопутствующие статьи по теме Wall Street

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Wall Street", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

DeFi vs. SEC: Should ‘non-custodial platforms’ be treated like exchanges?

DeFi Education Fund (DEF) argues that non-custodial DeFi protocols, AMMs, and their developers should not be regulated as exchanges or intermediaries, as they don’t perform exchange functions or control user assets. They oppose SIFMA’s push for SEC regulation based on function rather than decentralization. SIFMA and Citadel Securities advocate for regulating DeFi platforms handling tokenized securities to ensure investor protection, citing risks and scams. DEF suggests Wall Street’s stance may be motivated by business interests, as DeFi disrupts traditional intermediaries. The SEC faces the challenge of balancing innovation and regulation in its upcoming framework.

ambcrypto04/02 09:08

DeFi vs. SEC: Should ‘non-custodial platforms’ be treated like exchanges?

ambcrypto04/02 09:08

Strive’s DGCR ETF is chasing yield, not Bitcoin – Here’s why!

Strive Asset Management, in partnership with Tuttle Capital Management, has filed for a new T-Strive Digital Credit (DGCR) ETF. Unlike traditional Bitcoin ETFs that hold the cryptocurrency directly, this fund will invest in the preferred stock of companies that hold large amounts of BTC, such as Strategy’s STRC and Strive’s SATA perpetual preferred stocks. These investments are designed to provide regular income, representing a shift from the typical 'HODL' strategy. However, the ETF's performance is directly tied to these underlying stocks, not Bitcoin's price, introducing unique risks. This launch occurs amidst intense competition in the ETF space, exemplified by Morgan Stanley's recent low-fee offering.

ambcrypto04/01 06:55

Strive’s DGCR ETF is chasing yield, not Bitcoin – Here’s why!

ambcrypto04/01 06:55

Wall Street tests ‘green Bitcoin’ as hybrid ETF targets ESG investors

A newly filed hybrid ETF, the 7RCC Spot Bitcoin and Carbon Credit Futures ETF (BTCK), aims to attract ESG-focused investors by combining Bitcoin exposure with carbon credit futures. The fund proposes an 80% allocation to Bitcoin and 20% to carbon credit futures, linking digital assets to regulated environmental markets like the EU ETS and California’s Cap-and-Trade program. This structure addresses Bitcoin’s environmental criticisms while aligning with institutional demand for sustainable investments. Unlike standard spot ETFs, it follows a custom index rebalanced quarterly. Operating as a commodity pool, the fund holds Bitcoin directly and uses futures for carbon credits. It represents a test of whether ESG narratives can expand Bitcoin’s appeal to a broader segment of institutional investors.

ambcrypto03/31 21:02

Wall Street tests ‘green Bitcoin’ as hybrid ETF targets ESG investors

ambcrypto03/31 21:02

Lorenzo Founder: Is the Crypto-Native Economy Dead? The Triple Dilemma of Crypto Civilization

Lorenzo founder Matt Ye argues that the crypto industry's core issues—such as declining asset quality, innovation stagnation, rampant scams, and institutional hesitation—are not cyclical but stem from a deeper civilizational crisis. He identifies three evolutionary stages of crypto’s "civilization": 1. **DeFi’s Anarchic Black Market**: A lawless environment where rug pulls and exit scams are rational, optimal strategies due to the absence of rules and accountability. 2. **CEX Feudalism**: Centralized exchanges impose order and reduce trust costs but create a “planned economy” that stifles innovation and prioritizes narratives aligned with exchange interests. 3. **Wall Street Colonization**: Traditional finance enters not to build but to exploit—imposing its own rules, extracting value, and offering no genuine support for crypto-native innovation. Ye concludes that the industry’s failures—poor native assets, lack of breakthrough innovation, distrust from serious institutions, and high骗子 density—are symptoms of a missing institutional foundation. Without accountable systems, either predation or idealism fills the void. The critical question remains: what is the next civilizational form for crypto?

marsbit03/31 04:22

Lorenzo Founder: Is the Crypto-Native Economy Dead? The Triple Dilemma of Crypto Civilization

marsbit03/31 04:22

a16z Crypto Operating Partner: Wall Street Is Undergoing Its Biggest Infrastructure Upgrade in 30 Years

Wall Street is undergoing its largest infrastructure upgrade in 30 years by migrating to on-chain systems, moving beyond mere blockchain exploration. This shift is driven by the promise of significantly faster capital movement, similar to the electronic trading revolution of the 1990s which reduced costs, expanded participation, and increased market size. Tokenization—digital representations of real-world assets like Treasuries and stocks on blockchain—enables 24/7 markets, instant settlement, fractional ownership, and global accessibility. Major institutions are already adopting this: DTCC plans to tokenize U.S. Treasuries by 2026, NYSE is launching a platform for on-chain stock trading, and Tradeweb has executed real-time blockchain-based Treasury trades. The current financial system’s inefficiencies—high fees, slow settlement, and intermediary dependencies—create opportunities for disruption. Smart contracts and atomic settlement eliminate these frictions, turning existing profit margins into avenues for innovation. Regulatory clarity, such as the CLARITY Act, is further accelerating this transition. Established institutions are not competitors but potential customers for new infrastructure products. Founders have a window to build the next generation of financial services atop this emerging regulated, institutional-grade framework. The outcome will be a larger, more liquid, and accessible global market.

marsbit03/26 03:59

a16z Crypto Operating Partner: Wall Street Is Undergoing Its Biggest Infrastructure Upgrade in 30 Years

marsbit03/26 03:59

Wall Street Collectively Pessimistic About 2026: Could an Oil Crisis Trigger an Economic Recession?

In late March, multiple major financial institutions—Moody's Analytics, Goldman Sachs, J.P. Morgan, and EY-Parthenon—raised their 12-month recession probability forecasts for the U.S. to over 30%. Moody’s gave the highest estimate at 48.6%, followed by EY-Parthenon at 40%, J.P. Morgan at 35%, and Goldman Sachs at 30%. A key common factor is the sharp rise in oil prices, with Brent crude surpassing $100 per barrel in early March—the first time in four years—due to supply disruptions in the Strait of Hormuz, a critical global oil transit route. Historical data indicates that four out of the five major oil price shocks since the 1970s led to economic recessions. Although the current price increase of around 80% is the smallest among them, the scale of supply disruption is described by the IEA as the largest since the 1970s energy crises. J.P. Morgan estimates that every sustained 10% increase in oil prices reduces U.S. GDP growth by 15–20 basis points. Larry Fink, CEO of BlackRock, outlined two extreme outcomes: either geopolitical resolution leads to oil prices falling to $40 and global growth, or prolonged conflict keeps prices above $100—possibly near $150—triggering a global recession. He ruled out a 2008-style systemic financial meltdown, citing stronger bank buffers. Beyond oil, declining consumer confidence and weak employment data are amplifying concerns. The convergence of pessimistic forecasts from different methodological approaches may itself influence economic behavior, potentially becoming a self-fulfilling prophecy as businesses and consumers become more cautious.

marsbit03/26 03:05

Wall Street Collectively Pessimistic About 2026: Could an Oil Crisis Trigger an Economic Recession?

marsbit03/26 03:05

BlackRock CEO's Annual Shareholder Letter: How Will Wall Street Continue to Make Money with AI and National Pension Funds?

BlackRock CEO Larry Fink's 2026 shareholder letter warns that AI is creating a "K-shaped outcome," accelerating wealth concentration. Over the past 20 years, the S&P 500 grew eightfold, but 54% of stock wealth went to the top 1% of U.S. households, while the bottom 90% held just 7%. Fink argues that AI could exacerbate this inequality by benefiting large corporations and investors. He proposes two solutions: a bipartisan plan to inject $1.5 trillion into a government-managed investment fund to address Social Security shortfalls, and the promotion of tokenization to lower investment barriers for ordinary investors through regulated digital wallets. Notably, BlackRock’s tokenized U.S. Treasury fund (BUIDL) has grown significantly, positioning the firm to benefit from both proposals. Simultaneously, JPMorgan launched a credit default swap basket targeting major tech firms, signaling institutional preparation for AI-related debt risks. Fink’s diagnosis of inequality is accurate, but his solutions align closely with BlackRock’s business interests, highlighting a structural overlap between his policy advocacy and the firm’s growth strategy.

marsbit03/24 08:05

BlackRock CEO's Annual Shareholder Letter: How Will Wall Street Continue to Make Money with AI and National Pension Funds?

marsbit03/24 08:05

On-Chain Whales' New Battleground: Hyperliquid Confronts Wall Street and Compliance Challenges

Hyperliquid, a leading decentralized exchange (Perp DEX) for perpetual futures, is rapidly expanding beyond crypto into traditional finance, particularly through its HIP-3 market for real-world assets (RWAs) like commodities and indices. With a monthly trading volume of $173.4 billion and over 172.9 million users, it has become a hub for institutional and large-scale traders, with the top 100 addresses accounting for over 81% of total trading activity. Recent geopolitical events, such as the U.S.-Iran conflict, have highlighted Hyperliquid’s role in providing 24/7 price discovery for assets like WTI crude oil, attracting attention from mainstream financial media like Bloomberg. This positions Hyperliquid as a emerging competitor to traditional markets like CME. However, its growth brings regulatory challenges. As U.S. regulators, including the CFTC, move toward approving crypto perpetual futures, Hyperliquid faces pressure to comply with financial regulations while preserving its permissionless, non-custodial nature. To address this, it has established a policy center in Washington, D.C., led by Jake Chervinsky, to engage with regulators and shape a legal framework for DeFi. The platform’s future depends on balancing innovation with compliance as it seeks to become a sustainable part of the global financial infrastructure.

比推03/17 04:23

On-Chain Whales' New Battleground: Hyperliquid Confronts Wall Street and Compliance Challenges

比推03/17 04:23

You Won’t Believe Which Company Is The Top XRP ETF Holder

Institutional interest in XRP exchange-traded funds continues to grow, with cumulative inflows exceeding $1.4 billion. Regulatory filings reveal that Goldman Sachs is the largest known institutional holder of XRP ETFs, with a disclosed position of $153.8 million—equivalent to approximately 83.6 million XRP. This places the investment bank ahead of other major firms like Millennium Management and Citadel Advisors. Despite strong demand, the top 30 disclosed holders represent only a small portion of total investments, as many smaller funds and retail investors are not required to report holdings. The significant involvement of firms like Goldman Sachs may signal increasing institutional adoption of XRP ETFs in the future.

bitcoinist03/15 10:46

You Won’t Believe Which Company Is The Top XRP ETF Holder

bitcoinist03/15 10:46

The Beacon Has Arrived: ETHB Illuminates the Path to Ethereum's Institutionalization

BlackRock's iShares Ethereum Staking ETF (ETHB) launched on Nasdaq on March 12, marking a pivotal moment in Ethereum's institutional adoption. Unlike existing Ethereum spot products, ETHB integrates staking rewards, allowing investors to gain exposure to both ETH’s price and its yield-generating capabilities—addressing a critical gap in earlier offerings. Prior to ETHB, Ethereum spot ETFs failed to capture the asset’s core value proposition as a productive” asset with an annual yield of 3-5%. This structural mismatch contributed to sluggish institutional inflows compared to Bitcoin ETFs. Meanwhile, Ethereum’s underlying infrastructure adoption surged, with RWA supply growing 7x and stablecoin supply doubling since mid-2024, as institutions increasingly used Ethereum for tokenized assets and settlements. ETHB also challenges alternative structured products like digital asset trusts, potentially redirecting capital back to native ETH. The launch comes as Ethereum shows deeply undervalued signals—with MVRV below 1 and prices still below all-time highs—while maintaining low issuance (0.8% annually) and strong network utility. Ultimately, ETHB serves as a litmus test for institutional acceptance of Ethereum’s dual role as a yield-bearing asset and foundational layer for tokenized finance.

marsbit03/13 11:58

The Beacon Has Arrived: ETHB Illuminates the Path to Ethereum's Institutionalization

marsbit03/13 11:58

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