The Daily: Marc Zeller’s ACI to exit Aave DAO, MARA opens door to selling balance sheet bitcoin, and more

Marc Zeller's Aave Chan Initiative (ACI) announced its departure from the Aave DAO by July, citing escalating governance tensions sparked by BGD Labs' exit and disputes over voting power related to Aave Labs-linked addresses. Meanwhile, MARA revised its strategy to permit the sale of its balance sheet Bitcoin, moving beyond its previous policy of only selling mined coins, following mixed results from its digital asset management initiatives. In other news, U.S. spot Bitcoin ETFs experienced $458.2 million in net inflows as institutions reportedly view Bitcoin as a hedge against global instability. Additionally, JPMorgan CEO Jamie Dimon called for stablecoin yields to be regulated similarly to bank deposits to ensure a level playing field.

(Source：The Block)