According to MSX.COM data, the KOSPI index has expanded its intraday gains to 4%, currently standing at 7072.44 points; SK Hynix rose over 6%, and Samsung Electronics gained more than 4%.

Odaily reports that Japan is expected to launch a Bitcoin ETF as early as 2028. With the revised Financial Instruments and Exchange Act bringing crypto assets under the regulatory scope of financial products, Japan's Financial Services Agency (FSA) plans to adjust rules related to investment trusts, allowing funds and ETFs to hold crypto assets as primary investment targets. Multiple asset management institutions have already expressed interest in participating. Japanese institutional investors' interest in crypto assets is on the rise. A survey by Nomura Holdings and Laser Digital shows that approximately 79% of institutional investors and family offices plan to invest in crypto assets within the next three years.

However, unlike the US Bitcoin ETF, which is primarily driven by institutional funds, Japan's institutional investor base is relatively limited, and a high proportion of household financial assets are held in cash. Therefore, individual investor funds are likely to become the main source of inflows. Some analysts believe that Japan's Bitcoin ETF could attract up to 3 trillion yen in inflows by FY2028. (Nikkei)

According to data from MSX.COM, US stocks closed with the Dow down 0.01%, the S&P 500 down 0.14%, the Nasdaq down 0.57%, and the VIX volatility index down 2.4%. AI concept stocks experienced a broad decline, with UiPath dropping 11.13%, Twilio down 6.54%, ServiceNow down 6.47%, Workday down 6.2%, and Palantir down 6.1%.

It is reported that MSX is a leading RWA trading platform, which has listed hundreds of RWA tokens to date, covering popular US stocks and ETF token targets including NVIDIA, GOOGL, MSFT, AMZN, META, TSM, AMD, and others.

According to the latest data from Gate, the price of gold has risen to $4,132.26 per ounce, up 0.18% intraday. The price of silver has increased to $59.85 per ounce, up 1.54% intraday. 

The BVIX (BTC Volatility Index) is currently quoted at 38.52, unchanged intraday. The EVIX (ETH Volatility Index) is currently quoted at 52.48, up 0.15% intraday. 

In the forex market, the USD/CNH pair fell 0.03% intraday to 6.77235. The USD/JPY pair fell 0.04% intraday to 163.055. 

In terms of global stock indices, the Euro Stoxx 50 (EUSTX50) rose 0.35% intraday to 6,307.74 points; the UK FTSE 100 (UK100) rose 0.26% intraday to 10,726.7 points; and the German DAX 40 (GER40) rose 0.23% intraday to 25,190.9 points. 

In commodities, WTI crude oil rose 0.28% intraday to $88.45 per barrel. Brent crude oil rose 0.18% intraday to $92.31 per barrel. 

Gate supports users in directly trading traditional financial market products on its platform, offering one-stop access to multiple asset classes including precious metals, forex, global stock CFDs, major indices, and commodities, achieving a deep integration of crypto and traditional financial assets. Gate's TradFi functionalities are now fully integrated into the Gate App and Web interface. Without the need to switch platforms, users can conveniently participate in global asset price trading, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing their multi-asset allocation experience.

Odaily News On-chain analyst Tom Wan stated on platform X that Robinhood CEO Vlad Tenev's earlier proposal regarding the "synergistic effect between Meme coins and RWA" is gradually becoming a reality. Currently, launchpads such as LONG() and Bankr have begun issuing new tokens that are directly paired with Robinhood stock tokens for trading. Over 50% of stock token trading volume now comes from Meme coin trading pairs, with the AI token from LONG() contributing the largest volume. Most of these Meme pairs are linked to Nvidia and SPCX, making these two tokens the fastest-growing stock tokens. Nvidia's market cap has approached $5 million, and the total value of tokenized stocks is nearing $20 million.

According to SoSoValue data, yesterday (Eastern Time July 22) the SOL spot ETF saw a single-day total net outflow of $1.2721 million.

The SOL spot ETF with the largest net outflow yesterday was the Fidelity Solana Fund ETF (FSOL), with a single-day net outflow of $686,600, bringing its historical total net inflow to $196 million.

This was followed by the Grayscale Solana Trust (GSOL), which recorded a single-day net outflow of $585,500, with its historical total net inflow currently standing at $108 million.

As of press time, the total net asset value of SOL spot ETFs is $909 million, with a SOL net asset ratio of 2.00%, and the historical cumulative net inflow has reached $1.144 billion.

Odaily reported that Cathie Wood’s Ark Invest sold 97,325 shares of Robinhood (HOOD) on Wednesday, valued at approximately $10.2 million; purchased 121,384 shares of SpaceX (SPCX), valued at approximately $14 million; and also bought approximately $507,000 worth of Securitize (SECZ) shares.

Odaily Planet Daily News: According to on-chain detective Specter’s monitoring, B² Network may have suffered a vulnerability exploit on BNB Chain. The attacker transferred 8.591 million B2, worth $3.86 million, and exchanged them for 5,409 WBNB, worth $3.11 million. The funds were then bridged to Ethereum, and are currently being transferred to Zcash via NEAR Intents. The addresses used for the theft are 0xEc443f7D79835B464FBEAC798d3f92B62d6Ff433 and 0xf977427Ec8e583C55D413061FC205BCD57e8Bf6D.

Odaily Odaily News The U.S. Securities and Exchange Commission (SEC) issued a statement indicating that Vaults allocate user assets to income-generating strategies such as staking and lending via smart contracts to help users earn returns. However, the related management activities may involve securities regulation.

The statement points out that parties involved in managing Vaults, such as those selecting yield strategies, reallocating funds between different yield-bearing assets, and choosing the managers responsible for investment decisions, need to assess whether their activities fall under the purview of federal securities laws. Furthermore, entities involved in managing these lending strategies, such as setting interest rates, determining which assets to support, establishing loan-to-value (LTV) ratio limits, and formulating liquidation criteria, also need to analyze whether these actions involve federal securities laws.

The statement also indicates that on-chain lending strategies may similarly raise significant securities law issues. For example, depending on the motivations of the participants, the method of product distribution, and other relevant factors, on-chain loans could potentially exhibit characteristics of securitized debt instruments (notes).

The statement concludes by welcoming input from market participants. This includes feedback on whether existing rules need modification to accommodate Vaults, on-chain lending, and other innovations, as well as how to achieve innovative development while protecting investors, ensuring fair, orderly, and efficient markets, and facilitating capital formation.