JPMorgan Files to Launch Tokenized Money Market Fund on Ethereum

The fund, JLTXX, will invest in US Treasury bills and overnight repurchase agreements, allowing stablecoin issuers to hold reserves while earning interest

jpmorgan ethereum stablecoins

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JPMorgan has filed to launch a tokenized money market fund on Ethereum, allowing stablecoin issuers to hold reserves backing their stablecoins in a regulated, cash-like vehicle while earning interest

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JPMorgan has filed to launch a tokenized money market fund on Ethereum, allowing stablecoin issuers to hold reserves backing their stablecoins in a regulated, cash-like vehicle while earning interest. ...

Aave's token (AAVE) rallied 13.16% to $94.32 as investors assess DeFi lending valuation, comparing it to traditional financial infrastructure. The protocol's scale, liquidity, and governance draw bank-style valuation comparisons, but structural differences in revenue flow, governance, and tokenholder economics complicate direct analogies.

CryptoSlate

4 min read

Finance·6/29/2026

BIS Warns Stablecoins Risk Fragmenting Global Monetary System, Urges Tokenized Central Bank Money

The Bank for International Settlements (BIS) warns that stablecoins could fragment the global monetary system, urging the development of tokenized central and commercial bank money as a safer alternative, while also criticizing public blockchains like Bitcoin and Ethereum for scalability and governance issues.

Cointelegraph

4 min read

Finance·6/28/2026

Bitcoin ETFs See Record Outflows as Long-Term Holders Maintain Grip

Over six weeks, US Bitcoin ETFs lost $5.94 billion, the longest unbroken outflow since 2024, with Bitcoin dropping to a 21-month low near $58,000. Despite this, long-term holders (owning 83% of circulating BTC) remain unchanged, indicating capitulation among newer ETF investors rather than a broader market shift.

CryptoSlate

JPMorgan Files to Launch Tokenized Money Market Fund on Ethereum

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