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Sharplink teams up with Galaxy to launch $125M liquidity fund targeting DeFi protocols on Ethereum for yield and ETH per share growth.

According to the source, the piece highlights three trading drivers: Coinbase (COIN) is "cashing in," IBIT is slipping, and REX is turning market volatility into gains, indicating focus areas for crypto-exposed equities and ETFs (source). According to the source, traders should monitor COIN revenue sensitivity to trading activity, IBIT flows and premium/discount behavior, and performance of REX volatility-linked products to position around BTC liquidity and volatility cycles (source).