Morning update:
1. Yesterday, ETHE had a net outflow of US$356.3 million;
2. The U.S. SEC approved Form 19b-4 of Grayscale Bitcoin Mini Trust;
3. A U.S. judge approved the postponement of the confiscation of FTX’s PAC political donations;
4. CryptoQuant founder: This Bitcoin bull market may last until mid-2025;
5. US Congressman Bill Hagerty: is working hard to promote legislation to support Bitcoin;
6. The market expects the Federal Reserve to cut interest rates three times before the end of the year due to recent improvement in inflation data;
7. Ark Invest reduced its holdings in Coinbase and Tesla in the second quarter;
8. U.S. presidential candidate Kennedy: Trump may announce the U.S. government’s plan to purchase Bitcoin tomorrow.
