Tether CEO Dispels Rumors of Bitcoin for Gold Sale
Tether CEO Paolo Ardoino has strongly refuted recent rumors suggesting the stablecoin issuer was offloading its Bitcoin reserves in favor of gold. On September 7, 2025, Ardoino took to X (formerly Twitter) to clarify Tether’s asset strategy, directly addressing market speculation that had begun to circulate.
The claims implied a significant pivot in Tether’s reserve composition, signaling a strategic move away from the leading cryptocurrency…
Ether ETFs Record Nearly $788 Million in Weekly Outflows, Driven by Grayscale’s ETHE
Ether exchange-traded funds (ETFs) registered substantial outflows totaling $787.9 million over the past week, reflecting a persistent cautious sentiment among investors. This significant withdrawal marks a notable period of capital flight from Ether-linked investment products.
Data from Farside Investors reveals that Grayscale’s Ethereum Trust (ETHE) was the primary contributor to these outflows, accounting for the vast majority of the week…