Decrypt ••1 min read
Trump Tariffs Impact Crypto; NYSE Tokenization; DAO Governance; ETF Flows
The Arch TakeBearish
Following Trump's tariff news, major cryptocurrencies experienced declines, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP. Some cryptocurrencies like CC, MYX, and SYRUP saw gains. The NYSE is reportedly preparing for 24/7 tokenized stock and ETF trading. A corporate BTC strategic reserve was created with roughly $10M exposure. Vitalik Buterin advocated for more advanced DAO governance. Bermuda is planning a fully onchain national economy in collaboration with Coinbase and Circle. BTC ETFs experienced net outflows, while ETH ETFs saw inflows. Meme coins also saw declines.
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