Bitcoin News Today: Tether Gold Surges 40% as Digital Gold Rush Gains Institutional Momentum

The digital gold rush is accelerating as Tether Gold (XAUt) and Bitcoin (BTC) draw increasing institutional and retail interest. Tether Gold, a tokenized gold asset issued by Tether, now represents over $800 million in market value, supported by 7.66 tons of physical gold in reserves, according to its latest attestation report [1]. The token has surged 40% over the past year, driven by renewed inflation concerns and economic uncertainty linked to the U.S. tariff agenda [1].

The growing appeal of Tether Gold is part of a broader shift toward tokenized commodities, as investors seek diversified exposure to physical assets in digital form. This trend is being reinforced by institutional demand, with central banks adding more than 1,000 metric tons of gold in 2024, the third consecutive year of record additions [1]. The convergence of traditional and digital finance is evident as tokenized gold becomes a more common component of investment strategies.

Meanwhile, Bitcoin’s role as a store of value is gaining institutional credibility. Twenty One Capital, a Bitcoin treasury firm backed by Cantor Fitzgerald, has expanded its BTC holdings to 43,500 BTC, exceeding initial projections by more than 1,500 BTC [1]. At current prices, the firm’s Bitcoin reserves are valued at over $5.1 billion, placing it among the top three corporate Bitcoin holders [1]. The accumulation reflects a strategic bet on Bitcoin’s long-term potential as a hedge against macroeconomic volatility.

The institutional adoption of Bitcoin is further supported by developments in the tokenized finance space. On the Avalanche blockchain, Grove—a credit protocol backed by Steakhouse Labs—has allocated $250 million to two investment products targeting U.S. Treasuries and CLOs, in partnership with Centrifuge. This marks a significant step in expanding real-world asset (RWA) offerings on the platform, challenging Ethereum’s dominance in the RWA sector [1].

Regulatory progress also played a pivotal role this week, as the U.S. Securities and Exchange Commission (SEC) approved in-kind creations and redemptions for crypto ETFs. This change allows fund managers to exchange ETF shares directly for the underlying crypto assets, reducing costs and increasing efficiency. The update applies to both Bitcoin and Ethereum spot ETFs, which were approved in 2024. BlackRock’s iShares Ethereum ETF has already surpassed $10 billion in assets, highlighting the rapid adoption of crypto-based investment vehicles [1].

The combined momentum behind tokenized gold and Bitcoin underscores the evolving nature of digital assets in the broader financial landscape. With Tether Gold surging and BTC reserves growing, the digital gold rush is not only reshaping the crypto space but also reinforcing the role of digital assets as a key component of modern portfolio strategies.

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[1] title: Crypto Biz: Digital gold rush intensifies as Tether Gold surges, institutions double down on BTC (https://www.tradingview.com/news/cointelegraph:fa28f7ae7094b:0-crypto-biz-digital-gold-rush-intensifies-as-tether-gold-surges-institutions-double-down-on-btc/)

[2] title: BTCUSD - Crypto Biz: Digital gold rush intensifies as Tether ... (https://mx.advfn.com/bolsa-de-valores/COIN/BTCUSD/crypto-news/96548063/crypto-biz-digital-gold-rush-intensifies-as-tethe)

[5] title: Media Man Int - X (https://x.com/mediamanint/status/1951053685188075563)