Tether Gold Tops $800M as BTC, Avalanche RWA and ETFs Surge
Tether Gold’s market cap has topped $800 million, backed by 7.66 tonnes of physical gold supporting over 259,000 XAUt tokens. This rapid growth in Tether Gold reflects rising institutional demand for tokenized gold as an inflation hedge. At the same time, Twenty One Capital boosted its BTC holdings to over 43,500 BTC (valued at $5.1 billion), cementing its position among the largest corporate Bitcoin holders.
On Avalanche, Grove partnered with Janus Henderson and Centrifuge to allocate $250 million in on-chain real-world assets (RWA), tokenizing U.S. Treasuries and CLO funds on the AVAX network. This move underlines increased confidence in credit strategies on Avalanche’s blockchain.
Regulatory clarity arrived as the U.S. SEC approved in-kind creations and redemptions for spot Bitcoin and Ether ETFs, lowering costs and improving efficiency. Ethereum spot ETFs, led by BlackRock’s iShares, have already surpassed $10 billion in assets.
These developments point to a maturing tokenized asset landscape and bolster bullish momentum across gold, BTC, Avalanche RWA and crypto ETFs. Traders should monitor Tether Gold inflows, institutional BTC accumulation, and ETF flows for potential market opportunities.
Bullish
The combination of Tether Gold’s rapid market cap growth, significant institutional BTC accumulation, and a $250 million RWA infusion on Avalanche signals robust institutional interest across both tokenized gold and crypto assets. SEC approval of in-kind creations for spot Bitcoin and Ether ETFs further reduces trading costs and improves liquidity, driving inflows into BTC and ETH funds. In the short term, traders can expect increased buying pressure on XAUt, BTC, AVAX and ETH as institutions deploy capital. Over the long term, enhanced regulatory clarity and on-chain credit product expansion support sustained demand and market stability, reinforcing a bullish outlook.