4E: Encryption and macro market trends emerge frequently, institutions accelerate their entry

ChainCatcher news, according to 4E observations, Sharps Technology, a major supporter of the Solana ecosystem, is preparing a $100 million SOL buyback plan, intending to transfer some circulating tokens into the ecosystem treasury through open market repurchases, aimed at enhancing the long-term capital reserves of the ecosystem.

In traditional finance, CME will launch 24/7 cryptocurrency futures and options trading starting October 2, marking the first time that the mainstream derivatives market will achieve round-the-clock coverage. Meanwhile, personnel changes at the U.S. CFTC have drawn attention. Former Chairman Giancarlo revealed that the White House is weighing candidates for the new chair, with SEC senior crypto policy official Mike Selig as one of the main contenders.

Institutional actions are ongoing. VanEck's Lido staking Ethereum ETF has been registered in Delaware, indicating that the compliance process for staking ETFs is accelerating. On a macro level, the AI boom continues to push global stock markets to new highs; meanwhile, U.S. labor data may be delayed, and the market has almost fully digested expectations for two rate cuts this year.

In the crypto market, JPMorgan's latest report indicates that Bitcoin is still undervalued compared to gold, with prices potentially rising to $165,000.

4E reminds investors: institutional funds and policy expectations continue to shape the market landscape, with short-term volatility increasing while long-term narratives are accelerating into reality.