Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide 
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ETF
Chainlink’s $64M Grayscale ETF debut hides private banking loophole threatening to sever link between usage and price
GLNK emerges as a market test for tokenized finance, as institutional investors grapple with LINK's valuation amidst growing adoption.

Analysis
A hidden “yield war” has begun in Ethereum ETFs, forcing issuers to finally pay you for holding
Grayscale turned Ethereum’s staking yield into something ETF investors instantly recognize: a cash payout.

ETF
Grayscale’s IPO filing reveals strategic shift amid revenue dip
Grayscale reported $318.7 million in revenue for the nine months ended Sept. 30, down from $397.9 million in the same period of 2024.




















