Global TradFi & Macroeconomics

The U.S. national debt crossed $40 trillion this week as the Treasury Department announced buyback operations to bolster secondary-market liquidity, while 30-year Treasury yields hit their highest level since 2007 earlier this week before resuming their climb on Friday. Simultaneously, major tech

This week, as the U.S. national debt crossed $40 trillion for the first time and 30-year Treasury yields hit their highest level since 2007, major technology firms and semiconductor manufacturers flooded the investment-grade bond market to fund accelerating artificial intelligence infrastructure

According to Korea Exchange, Kakao announced on August 22 a plan to split into an AI company and an investment unit to address its conglomerate discount valuation. The stock fell over 7% following the announcement amid investor disappointment. Securities analysts noted that the separation could

US Treasury Secretary Scott Bessent announced on May 20 (local time) that the Treasury's long-term bond buyback program will expand to a minimum of $4 billion per operation, doubling the previous $2 billion level set just one day earlier on May 19. The move aims to suppress rising long-term

Bitcoin and Ethereum surged starting the 15th, with Bitcoin rising approximately 20% from the 88 million won range to the 100 million won range over one week on South Korean exchanges. The rally followed the US Treasury's announcement of expanded bond buyback measures and statements by President

According to Barron's and CNBC, Micron CEO Sanjay Mehrotra stated on Thursday that memory chips represent strategic infrastructure for artificial intelligence, arguing they should no longer be viewed as commodities. On Friday, Micron stock fell 0.7% to $966.78 after declining approximately 3% over t

According to Chinese Ministry of Finance data released yesterday (August 21), securities transaction stamp tax hit 1.864 trillion yuan in the first seven months of 2026, surging 99.2% year-over-year. The broader measure showed national general public budget revenue rose 5.8% year-over-year during th

According to Korea Securities Depository information portal Savero, Korean retail U.S. stock investors invested $85.61 million (approximately 118.5 billion KRW) in Roundhill Memory ETF during the week of August 14-20. The ETF holds major stakes in Samsung Electronics and SK

According to U.S. Treasury Secretary Bessent, on August 20, the Treasury announced expanding its long-term debt buyback program from $2 billion to over $4 billion per operation. However, despite the buyback announcement, the 10-year Treasury yield initially fell 7-10 basis points but quickly

According to Korea Securities Depository, domestic investors purchased approximately $85.61 million of Roundhill Memory ETF during August 14-20, ranking second among overseas stock net purchases behind Alphabet. The active U.S.-listed ETF focuses on global memory semiconductor firms including

According to Hankyung, on August 22, SK Hynix announced a 40 trillion won share buyback and cancellation plan. The company will acquire 24.07 million common shares on the market and cancel all of them, representing approximately 3.3% of total issued shares. Based on the closing price of 1.662 millio

According to CryptoBriefing, Bitari Inc., a Texas-based bitcoin mining infrastructure company, submitted an S-1 registration statement to the SEC on August 21 for a Nasdaq IPO targeting $30 million. The company plans to issue 4,285,715 shares at $7 per share under the ticker BIAI, with net

According to NH Investment & Securities, South Korea's KOSPI is expected to trade between 6,400 and 7,500 next week (August 24-28), with Nvidia's earnings report on August 27 and the Federal Reserve's Jackson Hole conference serving as key catalysts. NH Investment emphasized that Nvidia's gross

According to SoSoValue, SOL spot ETFs recorded net inflows of $10.07 million on August 21. Bitwise Solana Staking ETF (BSOL) led with single-day inflows of $8.73 million, bringing its cumulative total to $923 million. Fidelity Solana Fund (FSOL) followed with $1.35 million in daily inflows,

Gate News message, U.S. spot Bitcoin ETFs have recorded positive net flows for five consecutive trading days, totaling approximately $1.61 billion. On August 20 alone, the inflows reached $606.3 million, with BlackRock's IBIT leading at $503 million. Data for August 21 remains incomplete, with

Currency options market participants shifted to betting on Korean won appreciation as the 25-delta USD-KRW 1-month risk reversal dropped below 0% for the first time since the Iran war outbreak in late February. The indicator, which had risen to 2.46% in March and remained positive through July at 0.

According to Yonhapinfomax, the Korean won-to-dollar exchange rate fell below 1,300 on August 22, marking its lowest level in 10 months. Simultaneously, the 25-delta risk reversal in currency options fell below 0% for the first time since February, signaling a shift in market sentiment toward won st

According to PANews on August 22, Ray Dalio, founder of Bridgewater Associates, warned that rising U.S. federal debt poses significant risks. He highlighted that the U.S. currently faces approximately $32 trillion in federal debt and $1 trillion in annual interest expenses, with projections

According to The Block, Grayscale submitted its fifth amendment to the U.S. Securities and Exchange Commission on August 21 to advance its Zcash ETF launch plan. The product will be formally renamed "The Zcash ETF," with an annual management fee of 2.5%, and is set to list on NYSE Arca under the

According to SoSoValue data, XRP spot ETFs saw net inflows of $18.38 million on August 21. Bitwise XRP ETF (XRP) accounted for the majority of inflows at $16.89 million, while Franklin XRP ETF (XRPZ) contributed $1.49 million to the