Despite the ongoing weakness in the cryptocurrency market, ETF deployments around digital assets have not slowed down. Several asset management firms are still submitting new product applications to regulators, demonstrating that institutional long-term demand for digital asset funds remains confident. This month, Bitwise Asset Management submitted an ETF application related to Uniswap, and ProShares also plans to launch leveraged Bitcoin and Ethereum ETFs. Meanwhile, 21Shares re-submitted fund proposals based on Ondo and Sei, indicating that related projects are steadily progressing. Industry insiders believe these moves reflect issuers positioning themselves early during the market downturn, aiming to gain a first-mover advantage when sentiment recovers.

Aave Labs has officially submitted a governance proposal, planning to deploy Aave V0 on Day 3 of the MegaETH mainnet launch to lock in early liquidity and meet strong lending demand. The proposal, released on December 8, restarted previous discussions about MegaETH deployment and updated the provisions with the participation of risk service providers. Aave said that MegaETH is completing the construction of key infrastructure such as oracles, and as the mainnet approaches, the team believes that V3 should be deployed as soon as it goes live to convert early network activity into protocol use. The first-mover advantage will help Aave prioritize attracting lending and asset supply demand before liquidity is dispersed across multiple protocols.

PANews reported on December 4 that, according to The Block, Fireblocks will begin handling stablecoin settlements for global remittance service company MoneyGram. Michael Shaulov, co-founder and CEO of Fireblocks, stated in a release: “MoneyGram is rebuilding cross-border settlement rails in real time. By moving to multi-chain, programmable infrastructure, MoneyGram is fundamentally enhancing the speed and reliability of global payments.” MoneyGram is positioning itself as a strong supporter of blockchain payment rails. The company stated in a press release that its early investments in “on/off ramps for digital currency and crypto compliance infrastructure” have given it a “first-mover advantage.”