In the US crypto week of #美国加密周 , the market is hot, with Bitcoin futures listed on the Nasdaq breaking historical highs, significantly boosting related 'coin stocks.' Stablecoin issuers like PayPal (which launched PYUSD) are drawing market attention, as their involvement in stablecoins is seen as an important endorsement for the industry. Leading cryptocurrency exchange Coinbase's stock price has surged significantly, benefiting directly from the spike in trading volume and institutional inflows resulting from the rise in Bitcoin prices, as it serves as a major custodian and trading platform for Bitcoin spot ETFs. Overall market sentiment is high, with traditional financial institutions accelerating their entry through compliant products (such as Bitcoin ETFs and futures), driving Bitcoin prices and related US stocks to strengthen, reflecting the deepening integration of cryptocurrency with traditional financial markets and investors' optimistic expectations for the industry's future.