Overview of Key Overnight Developments on July 27

21:00-7:00 Keywords: ETHE, US SEC, Ark Invest, Rate Cut

1. ETHE saw a net outflow of $356.3 million yesterday;

2. The US SEC approved Grayscale's 19b-4 form for the Bitcoin Mini Trust;

3. A US judge approved the delay in seizing FTX's PAC political donations;

4. CryptoQuant founder: This Bitcoin bull market may last until mid-2025;

5. US Senator Bill Hagerty: Working to promote Bitcoin-supportive legislation;

6. The market expects the Fed to cut rates three times by the end of the year due to recent improvements in inflation data;

7. Ark Invest reduced its holdings in Coinbase and Tesla in the second quarter;

8. US presidential candidate Kennedy: Trump may announce a plan for the US government to buy Bitcoin tomorrow.