According to @rovercrc, HashKey Hong Kong has launched a $500M digital asset treasury fund initially targeting Ethereum (ETH) and Bitcoin (BTC), with the fund size and asset focus stated in the post, source: @rovercrc on X, Sep 9, 2025. Traders can track BTC and ETH spot volumes, order book depth, and derivatives funding and open interest for signs of institutional allocation following this report, source: @rovercrc on X, Sep 9, 2025. Monitor official announcements from HashKey for confirmation and deployment details before positioning, as the current information is based on a single social post, source: @rovercrc on X, Sep 9, 2025.

According to @MilkRoadDaily, the total stablecoin supply has surpassed $275B and could reach $1.2T by 2028, a scale that would rival the world’s largest money market funds and make stablecoins one of the biggest global cash pools (source: @MilkRoadDaily). According to @MilkRoadDaily, this scale is a key liquidity signal for crypto markets, indicating a growing base of readily deployable capital within crypto rails for trading and market-making (source: @MilkRoadDaily).