Wall Street's fear gauge is ripping. Traders see it going even higher
The sell-off in AI-related stocks pushed the VIX above 22 for the first time in four months. A cluster of trades suggests it could go even higher.
Tokenized stocks are gaining traction beyond standard Wall Street trading hours, while Bitcoin miners grapple with high costs associated with AI expansion and potential new accounting rules could pave the way for stablecoins to be treated as cash equivalents by corporate treasuries. Tokenized equities have become a focal point, with $3.3 billion in tokenized equities currently recorded onchain, according to RWA.xyz.
A significant innovation may lie in the trading patterns observed outside regular market hours, with over 70% of tokenized stock trading volume on BNB Chain occurring after the US market closes. Similar trends are emerging on Solana and Base blockchains. This 24/7 accessibility is seen as a major advantage for equities issued onchain.
Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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