BBX: BlackRock spot ETF now deviates from storage, and SoFiUSD faces a countdown to compliance trial
BBX News: Yesterday, globally listed companies released extremely resilient financial signals in their cryptocurrency asset treasury layout and compliance infrastructure. Abandoning the panic clearing at the retail level, Wall Street's main funds are forcibly restructuring the defense line at the bottom of the market through highly disciplined ETF subscriptions and legislative barriers to cross-border stablecoins ——Chip structure reshuffle: IBIT, a subsidiary of BlackRock, Inc. (NYSE: $BLK), ignored the $253 million leverage liquidation mud and demonstrated its determination to take on institutional old money at the bottom of the spot market with sustained net inflows. ——Bank Sovereignty Confirmation: SoFi Technologies, Inc. (NASDAQ: $SOFI), with its charter as a national bank, launched a compliance round against traditional offshore stablecoin giants on the eve of the GENIUS Act's deadline on July 18th. ——Data foresight game: The June CPI, which is about to be released today, resonates with the technical resistance level of $64000, becoming a key macro switch that determines whether institutional funds will launch a compliance counterattack in the second half of the year. The market presents a clear dual evolution trend of "compliant spot channels demonstrating strong resilience in clearing" and "domestic licensed financial institutions in the United States accelerating the acquisition of stablecoin channels". Source: bbx.com