Children, the Lunar luminary has arrived. I hope that joy will be with you on this cozy holiday, happiness will embrace you, and you will have a good mood every day!😜

Recently, Grayscale filed a 19b-4 application for a local assets ETF on ADA with the SEC. This is not only their first attempt to introduce ADA to the American market for local assets ETFs, but also means that the number of applications for cryptocurrency ETFs this year has reached 60. This move demonstrates Grayscale's efforts to expand institutional investors' access to digital assets, no longer limited to just Bitcoin and Ether. It is worth noting that the 19b-4 application is a key step for the ETF before listing on the exchange, as it is a prerequisite before official rule changes. In addition, USDC has started issuing money again! This time, an additional 2.5 billion USDC was issued, and these hot funds are quickly transferred to the largest exchanges, indicating that institutions are increasing their positions again! Such large funds are constantly being redeemed, indicating that major players consider the upcoming decline as an opportunity to buy.