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Here's an interesting development: Moscow Exchange plans to launch perpetual futures linked to $BTC, $ETH, $SOL, $XRP and $TRX on September 22. The contracts won't require investors to actually hold the underlying crypto. That's important because it shows how crypto exposure is increasingly being integrated into traditional financial markets. $BTC → institutional exposure $ETH → institutional exposure $SOL → institutional exposure The interesting part isn't whether this makes prices go up or down. It's the infrastructure being built around these assets. Crypto keeps moving from something traded mainly inside crypto-native platforms toward something traditional financial markets can also package and trade. #FedFirst25BpsHikeSince23