ETHUSDT 🔵 Kevin Hassett, director of the U.S. National Economic Council and previously viewed by markets as a leading contender for Federal Reserve chair, has recently faced pushback from senior figures close to President Trump, with concerns centered on his close ties to the president and the potential impact on confidence in the Fed’s independence.
ETHUSDT 🔵 The U.S. Financial Stability Oversight Council (FSOC) said in its 2025 annual report that it has eased its stance on crypto assets and stablecoins, no longer framing them as an immediate systemic risk. FSOC cited the GENIUS Act, which took effect in July, as providing a federal regulatory framework for payment stablecoins, bringing greater clarity while supporting U.S. stablecoin innovation. The report dropped prior warnings about run risks and market concentration, and noted that most on-chain activity is associated with legitimate use rather than illicit finance.
ETHUSDT 🐳 JPMorgan is launching a tokenized money-market fund on the Ethereum blockchain for qualified investors, marking another step deeper into crypto and blockchain-based financial products. The new fund will be seeded with $100 million of JPMorgan’s own capital.
ETHUSDT 🟠 From Dec. 8 to Dec. 12 (ET), Bitcoin spot ETFs recorded net inflows of $287 million for the week. Ethereum spot ETFs saw weekly net inflows of $209 million. SOL spot ETFs posted net inflows of $33.6 million, with none of the seven ETFs recording net outflows during the period.
ETHUSDT 🔵 Kevin Hassett, director of the U.S. National Economic Council and previously viewed by markets as a leading contender for Federal Reserve chair, has recently faced pushback from senior figures close to President Trump, with concerns centered on his close ties to the president and the potential impact on confidence in the Fed’s independence.
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