Ethereum spot ETFs experienced significant inflows of $134 million on October 27, highlighting robust institutional interest in the cryptocurrency. This surge underscores Ethereum's growing appeal among large-scale investors.
In a move to broaden its financial services, Uphold announced the launch of digital asset-backed loans in December. The service will initially support XRP, ETH, BTC, and USDC, with a phased rollout starting in Florida. This initiative aims to provide users with more flexible financial options using their crypto holdings.
Meanwhile, Western Union plans to introduce USDPT, a Solana-based stablecoin, in 2026. This new offering is designed to enhance cross-border payment efficiency for its 100 million customers, leveraging blockchain technology to streamline transactions.
Ethereum ETFs Attract $134M as Uphold and Western Union Expand Crypto Offerings
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