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1Bitget Daily Digest(October 14)|After tariff panic, TACO trading resurfaces; UK plans major tax cuts and advocates for the central bank to hold Bitcoin; multiple tokens set for large unlocks in the ne2Whales sell $4.2 billion worth of bitcoin, mysterious Chinese figure Garrett Jin caught in public controversy3Bitcoin Spot ETF Volume Hits $1B in 10 Minutes
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- 22:53VolShares applies for 5x leveraged single-stock and cryptocurrency ETFJinse Finance reported that ETF issuer VolShares has submitted applications for multiple 5x leveraged single-stock and cryptocurrency ETFs, covering COIN, CRCL, GOOG, MSTR, NVDA, PLTR, TSLA, as well as Bitcoin, Ethereum, Solana, XRP, and others. Notably, VolShares has not yet received approval for any 3x leveraged ETFs, but is directly attempting to launch 5x leveraged products. Some analysts believe that VolShares may be aiming to introduce high-leverage ETFs ahead of potential regulatory approval delays, though the specific situation remains unclear.
- 22:32Figure introduces SEC-registered yield-bearing security token YLDS to the Sui blockchainJinse Finance reported that Figure Technology Solutions (FIGR) announced the launch of its SEC-registered yield-bearing security token YLDS on the Sui blockchain, marking the first time this token is available on a Layer 1 network outside of the Provenance blockchain. YLDS is backed by short-term US Treasury bonds and repurchase agreements. Figure co-founder Mike Cagney stated that this is the first step in deploying SEC-compliant yield-bearing security tokens across multiple blockchains, aiming to remove traditional intermediaries and provide more users with equal access to institutional-grade financial products.
- 22:16Analyst: Circle USDC Expected to Become Key Infrastructure for Global Cross-Border PaymentsJinse Finance reported that analysts have pointed out that Circle's stablecoin USDC is transitioning from crypto trading to mainstream payments and corporate financial flows, and is expected to potentially "replace fiat currency" in the global cross-border payments market, which is worth approximately $20 trillion. Analysts from William Blair and Bernstein believe that regulating stablecoins will be central to the next growth cycle, and new products such as Circle's Arc blockchain and Circle Payments Network will drive long-term revenue growth. It is expected that the supply of USDC will nearly triple to $220 billion by 2027, accounting for about one-third of the global stablecoin market. At the same time, stablecoins can reduce international transaction costs by up to 90%, becoming an important part of digital cash infrastructure.