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 
Grayscale News
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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.

ETF
Bitwise pledges 10% of BITB ETF gross profits to Bitcoin developers
The $150,000 is the first BITB-related donation, directed at nonprofits Brink, OpenSats, and Human Rights Foundation.

Crypto
SEC opens door to Grayscale’s Dogecoin and XRP ETFs with surprising acknowledgment
SEC's nod to Grayscale's ETF plans suggests increased openness to crypto in traditional markets.





















