A dynamic shift is underway in the American ETF landscape as investments move away from gold-based funds toward Bitcoin $BTCUSD equivalents. Over the past five weeks, US-listed Bitcoin ETFs recorded net inflows exceeding USD 9 billion, with BlackRock Inc.’s iShares Bitcoin Trust ETF $IBIT attracting the lion’s share. Simultaneously, gold-backed ETFs experienced outflows surpassing USD 2.8 billion, underscoring changing asset preference among institutions and private investors.

Recent news from the cryptocurrency sector has captured the attention of analysts and investors alike. Tether's CEO, Paolo Ardoino, announced that the company plans to issue a new stablecoin if the existing USDT fails to meet the requirements of upcoming US legislation. In this context, it’s crucial to examine the expected changes in the stablecoin market and their potential impact on existing tokens.