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.

Crypto
Gemini sues Genesis over $1.6B worth of Grayscale Bitcoin Trust shares originally posted as collateral
The complex web of interactions between Gemini, Genesis, and its parent firm, Digital Currency Group has spawned yet another in a series of high-profile lawsuits.

ETF
Grayscale ETF ruling comes into effect; Bitcoin experiences 7.6% daily gains
GBTC, the subject of the ruling, gained nearly 6% over 24 hours.





















