🔥 Major US Banks Plan Joint Stablecoin, BTC & ETH ETFs Surge
Source: theblock.co — 5/23/2025
It's Friday, and crypto markets are active! President Trump's tariff threats caused a quick sell-off despite Bitcoin's recent highs. Major US banks, including JPMorgan and Bank of America, are starting talks on a joint stablecoin project, while Bitcoin and Ethereum ETFs recorded $1.05 billion in inflows—the highest since January. In addition, Cetus Protocol offers a substantial $6 million bounty to recover stolen funds. The SEC has addressed Canary Capital's staked Tron ETF proposal. Hyperliquid's market interest hit a record $9.2 billion with their HYPE token peaking above $35. Stay current with The Block’s daily digest on digital assets. Note: This article is informational and not financial advice.