13th Nov: Blockchain DXB Podcast
😱 Tether.io) USDT Vol $274B🚀 Canary Capital) files for HBAR ETF🔴Bitwise launches Aptos staking ETP 🟢Tether.io) Debuts Developer Toolkit for BTC & USDT
😱 Stablecoin Vol has surpassed $300B with Tether.io USDT 24hr vol crossing the $248B for the 1st time in its history. Check out the Blockchain DXB) episode for today we share our commentary on this and more
👀 Canary Capital) filed with the U.S. SEC to list a spot Hedera) (HBAR) ETF, aiming to allow U.S. investors to trade shares of its Canary Hedera ETF Trust on an unnamed exchange. Filed on Nov. 12, the proposal marks one of the first for spot HBAR ETFs and follows Canary's applications for spot XRP and Solana ETFs. Unlike derivatives-based funds, this ETF won’t involve HBAR-linked derivatives or futures, avoiding Commodity Futures Trading Commission oversight. While Canary hasn't disclosed an exchange, custodian, or ticker, it previously launched an HBAR Trust for private investors on Oct. 1. Official filing here https://shorturl.at/h2b68 The HBAR Foundation)
🟠 Bitwise has launched the first Aptos Staking ETP, called APTB, which will list on the SIX Swiss Exchange on Nov. 19, offering European institutional and retail investors exposure to staked Aptos (APT). The ETP is physically backed, staking the underlying Aptos to generate a 4.7% net return, and adds to Bitwise’s European staking products, which also include an Ethereum staking ETP. Aptos, a high-performance blockchain supporting over 250 projects, is utilized by companies like Microsoft), Amazon), and Coinbase) and has a market cap of around $6.5 billion. Meanwhile, U.S. restrictions still prevent staking ETPs from listing domestically. Info here https://shorturl.at/ZiBny)
🚨 Imp to note Following a Nov. 5 election in the US, Republicans will have control of the legislative and executive branches of government starting in January, with President-elect Donald Trump pledging to fire U.S. Securities and Exchange Commission) Chair Gary Gensler.
🟢 Tether.io) has launched the Wallet Development Kit (WDK), an open-source, modular toolkit aimed at helping developers and businesses integrate non-custodial USD₮ and Bitcoin wallets into apps, websites, and devices. Built to prioritize user control and align with the principles of decentralized finance, WDK supports a range of applications from human users to autonomous systems like AI and robots. Key features include a fully self-custodial model, customizable modules, and quick integration, enabling financial resilience and adaptability across industries.
🚨 Two UAE news
⚡ RTA holds Dubai Metro crisis management drill in Metaverse
⚡ Saudis Plan $100 Billion AI Powerhouse to Rival UAE Tech Hub
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