Breaking news from yesterday and thoughts 

- BlackRock filed to enable in-kind redemptions for its Ethereum Trust. This means they can now directly redeem in ETH, not just cash. BlackRock wants real exposure to Ethereum.

- There's a new meta on Solana by Believeapp called Internet Capital Market. It's a crypto launchpad for web2 companies.

Flywheel: Tag Launchcoin on X with a product idea. This creates a coin tied to the idea. If demand surges, increasing the market cap, the coin will migrate to a DEX where fees are split between creators and early buyers (believers).

Coins like Launchcoin, Dupe, and Vine have been leading the charge. 

IMO, it’s similar to other launchpads virtuals, pumpfun etc only difference is the web2 presence and product utility. 
So, I’ld wait and bid a coin with an outstanding product and recognized web2 founder, this will separate wheat from the chaff 

- Sonic raised $10M in token sales to GalaxyHQ. Institutional bid

- The U.S. and China agreed to cut tariffs to 30% and 10%