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Fidelity launches 'OnChain' Ethereum-tracked shares for Treasury money market fund
Fidelity launches 'OnChain' Ethereum-tracked shares for Treasury money market fund

Quick Take Fidelity is launching an Ethereum-based share class called “OnChain” for its Treasury money market fund, issuing shares that are recorded on the blockchain network, according to a new filing. Fidelity will maintain traditional book-entry records as the official ownership ledger, though ownership will also be recorded on Ethereum, with records reconciled daily.

The Block·2025/03/22 16:00
Flash
  • 10:17
    Tether has frozen a total of over 600,000 USDT on four TRON addresses
    ChainCatcher news, according to MistTrack monitoring, Tether has just frozen a total of 601,798.37 USDT on four TRON addresses.
  • 10:15
    The original TST TOP1 whale has built a position in BUBB, and has accumulated profits of approximately 417,000 US dollars
    According to @ai_9684xtpa's monitoring, the original TST TOP1 whale is suspected of having switched to BUBB, with a total profit of 417,000 US dollars. Previously, this address had made a profit of over 2.21 million US dollars on TST. The data shows that this whale has been continuously building positions in BUBB through two addresses from March 19th to 24th and currently holds a total of 30.25 million coins at an average cost of $0.009259 per coin, which is worth about $447,000 now. It sold 16.27 million coins three days ago at a price of $0.01785 per coin and then bought back 12.92 million coins at a price of $0.02029 per coin.
  • 10:09
    CoinShares: Last week, the total inflow of digital asset investment products reached 644 million US dollars
    According to the latest weekly report from CoinShares, digital asset investment products broke a five-week trend of capital outflows last week, with total inflows reaching $644 million. The total assets under management increased by 6.3% from the low point on March 10th. Bitcoin attracted $724 million in capital inflows, ending a situation where the total outflow reached $5.4 billion over five consecutive weeks. Meanwhile, short-term bitcoin investment products saw capital outflows for the third consecutive week, totaling $7.1 million. The sentiment in the altcoin market is mixed. Ethereum experienced the most severe capital outflow, with funds flowing out reaching $86 million. Other altcoins with significant fund outflows include Sui ($1.3 million), Polkadot ($1.3 million), Tron ($950 thousand) and Algorand ($820 thousand).
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