The US regulator has just given the green light for tokenized US stock trading. Securitize promptly surged, and Binance followed by announcing the listing of multiple TradFi perpetual contracts and expanding the bStocks collateral. The market always runs ahead of most people—while many are still debating the liquidity squeeze after the interest-rate decision, Wall Street and top-tier exchanges have already fully opened the channels for bringing US stocks and traditional assets on-chain.
This is not just a compliance tailwind at the narrative level, but a real, tangible influx of incremental assets. Big Pie $BTC , despite macro pressure, directly held above the $77,000 mark; Ethereum $ETH reclaimed the $2,500 level. Even JPMorgan’s latest research report goes so far as to say that once ETF hedging positions unwind, Bitcoin’s market absorption power will comprehensively outperform gold. Capital’s sensitivity to liquidity is ten times sharper than that of retail traders. The process of on-chain assets moving from fringe “toys” to mainstream financial base-layer assets will simply not be interrupted by a single rate decision.
Funding rates remain at an extremely healthy low level. Spot buyers are quietly accumulating, while shorts halfway up the mountain don’t dare to fire easily. In this kind of structure, the rally is often the most lethal: there’s no flashy, blow-off style surge—only a gradual step-by-step lift in the center of gravity.
When traditional stocks, bonds, and crypto spot are settled within the same liquidity pool, the old era’s valuation ceiling is completely shattered. People still waiting to board after a deep pullback will likely be forced to hand over their chips on an even higher liquidity plateau.
#美股代币化合规 #JPMorgan turns bullish on Bitcoin
This is not just a compliance tailwind at the narrative level, but a real, tangible influx of incremental assets. Big Pie $BTC , despite macro pressure, directly held above the $77,000 mark; Ethereum $ETH reclaimed the $2,500 level. Even JPMorgan’s latest research report goes so far as to say that once ETF hedging positions unwind, Bitcoin’s market absorption power will comprehensively outperform gold. Capital’s sensitivity to liquidity is ten times sharper than that of retail traders. The process of on-chain assets moving from fringe “toys” to mainstream financial base-layer assets will simply not be interrupted by a single rate decision.
Funding rates remain at an extremely healthy low level. Spot buyers are quietly accumulating, while shorts halfway up the mountain don’t dare to fire easily. In this kind of structure, the rally is often the most lethal: there’s no flashy, blow-off style surge—only a gradual step-by-step lift in the center of gravity.
When traditional stocks, bonds, and crypto spot are settled within the same liquidity pool, the old era’s valuation ceiling is completely shattered. People still waiting to board after a deep pullback will likely be forced to hand over their chips on an even higher liquidity plateau.
#美股代币化合规 #JPMorgan turns bullish on Bitcoin