Overview of Important Midday Developments on July 27

7:00-12:00 Keywords: USDC, BlackRock IBIT, Bitwise ETHW

1. Hong Kong's financial industry can explore launching stablecoin trading counters and institutional custody services;

2. Circle issued approximately $2.7 billion USDC in the past week;

3. Grayscale Ethereum Trust ETF saw a net outflow of $356.3 million yesterday;

4. As of July 25, BlackRock IBIT held over 338,000 Bitcoins, an increase of more than 1,092 from the previous day;

5. Bitwise ETHW holdings are approaching 80,000 ETH, an increase of nearly 5,000 from the previous trading day;

6. 10x Research CEO: Traders will not short Bitcoin this weekend, speculating that Trump's speech will push up the price;

7. QCP Capital: Ethereum's performance has been poor since the launch of the spot ETF, possibly due to factors such as a lack of staking;

8. BlackRock IBIT and Fidelity FBTC have entered the top 10 ETFs for inflows this year, with the highest returns.