Grayscale Request Sweeping ETF Approval, Unprecedented CME Crypto Open Interest

Market Update After a shaky afternoon yesterday, US stocks rebounded with vigor this morning. Leading headline indexes are up by 1% - 2% after a better-than-expected Core PCE reading for the second consecutive month. The Core PCE holds significant importance in influencing the Fed's policy decisions. Consequently, US yields have declined across the yield curve in response, and the markets are currently indicating an approximately 80% likelihood of the Fed pausing at the September FOMC meeting. Crypto markets seem unaffected by the bullish news, with $BTC and $ETH flat since yesterday. Our wee