Balance (EPT) will be listed on Binance Alpha and Binance Futures

**Tuesday, February 25** Boston Federal Reserve President Susan Collins said recent economic data showing labor market improvement and persistent inflation risks mean interest rates will likely stay on hold for some time. Speaking at a Boston Fed panel discussion Tuesday, Collins noted the labor market is showing “at least somewhat unusual signs of stability” — adding more evidence is needed to confirm inflation is moving toward the Fed’s 2% target. “After cutting rates by 175 basis points cumulatively over the past year and a half, we’re now in a mildly restrictive range that may be quite close to neutral,” she said. “I think it’s likely appropriate to keep the current rate range unchanged for a period of time.” Chicago Fed President Austan Goolsbee echoed that further rate cuts aren’t justified until there’s consistent proof inflation is falling. Goolsbee said the Supreme Court’s decision to strike down several of former President Trump’s global tariffs could create mo

On February 25, U.S. asset manager WisdomTree launched the WisdomTree Treasury Money Market Digital Fund—featuring 24/7 trading and real-time settlement—to enable round-the-clock secondary market trading for registered institutional-grade tokenized money market funds within a regulated framework. WisdomTree noted this marks the first time a registered institutional-grade tokenized money market fund has been permitted to offer 24/7 trading and settlement via a dealer-owned model under the 1940 Investment Company Act. The structure enables instant share settlement, giving investors real-time exposure to U.S. Treasury yields. To roll out the model, WisdomTree secured exemptive relief from the U.S. Securities and Exchange Commission (SEC). Its affiliate broker-dealer WisdomTree Securities also got FINRA approval to conduct proprietary trading of the fund’s shares. Liquidity will be provided via the broker-dealer’s inventory (not an exchange), with trade execution tied to the broker’s

On February 25, digital asset management firm 21Shares launched a new ETF this week that tracks the native token of the Sui blockchain: the 21Shares Spot SUI ETF. It is now listed on Nasdaq under the ticker symbol TSUI. 21Shares first rolled out a leveraged SUI ETF in December 2023, and this spot ETF further broadens investors’ exposure to Sui. This marks another spot ETF tracking Sui’s native token, joining the Canary Stake SUI ETF and Grayscale Sui Staking ETF that launched last week.

February 25 — Global crypto asset manager Bitwise Asset Management, which oversees over $15 billion in client assets, announced today it has acquired institutional staking services provider Chorus One, with the purchase price not disclosed. Chorus One currently manages more than $2.2 billion in staked assets. Chorus One has been integrated into Bitwise’s staking business arm, Bitwise Onchain Solutions (BOS). BOS currently supports staking for tens of billions of dollars in crypto assets, primarily serving institutional investors, family offices and financial platforms. The acquisition will boost BOS’s expansion capabilities, including: expanding staking support to over 30 proof-of-stake (PoS) networks (such as Solana, Avalanche, Sustain, NEAR, Aptos, Tezos and TON); adding 50 seasoned technical professionals; and providing customers with leading protocol and governance development research coverage.

As of February 25, CME’s FedWatch Tool data indicates the probability of a 25-basis-point Fed rate cut in March stands at 4.1%, while the odds of rates holding steady are 95.9%.

**Quick Update: Key Earnings on Feb. 25** - Circle (issuer of USDC stablecoin) will release its earnings report before the U.S. stock market opens on Feb. 25, per an official announcement. - Nvidia will post its earnings after the U.S. market closes on Feb. 25 (5:00 a.m. Beijing time on Feb. 26). **Nvidia Watch:** Nvidia’s stock has consolidated in recent months, barely posting positive returns so far this year. Wall Street increasingly worries its Feb. 25 earnings—regardless of results—could weigh on its share price and trigger a chain reaction across global AI-related assets. **Market Data (Bitget):** - Circle: Market cap = $14.421B; Share price = $61.24 - Nvidia: Market cap = $4.67T; Share price = $192.21 ### Notes on U.S. Style Adjustments: 1. **Earnings Report** (vs. "financial report"): Standard U.S. terminology for quarterly/annual corporate results. 2. **Market Cap** (vs. "market value"): Common shorthand for market capitalization in financial news. 3