
Ethena is targeting the $120 trillion Wall Street stock market to hunt yields 5x higher than Bitcoin
The protocol is moving into equity perpetual basis trades as it tries to rebuild USDe and reach the $7.5 billion threshold for ENA buybacks.
Track TradFi and crypto news, including banks, brokers, asset managers, and the convergence of legacy finance with digital assets.

ETF money surged into hard assets as US debt topped $40 trillion and Wall Street revived the debasement trade.

The US funds are on course for their strongest week of 2026 after drawing $74.8 million in just three sessions.

Crypto is no longer outside the gates at Jackson Hole.

A sensitivity case shows how faster, programmable switching could reduce banks’ interest-rate capacity in 10-year equivalents, not loan balances.

The Avalanche treasury authorization targets a stated market disconnect while the June 30 token treasury shows why earnings remain exposed.

Thailand's proposed crypto ETF framework would initially center trading and custody around domestic institutions.



