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Good Evening Legends! 🔥 Before my GN, today’s crypto highlights: - Ethereum launched exactly 11 years ago. Anyone who put $10,000 into ETH on that day now has $25 million. - A major group of police executives from the largest U.S. cities is now officially supporting the Clarity Act. - JPMorgan says that if the Clarity Act does not pass this year it would be a setback and could hurt one of the industry’s biggest regulatory catalysts. - U.S. Treasury Secretary Scott Bessent says the Senate needs to vote on the Clarity Act now and added “America will lead or America won't.” - Charles Schwab puts the odds of the Clarity Act passing at just 51 percent, calling it a coin flip because Congress is about to leave for its August recess. Schwab also says clear federal crypto rules would ultimately be bullish for the sector. - About $900 billion was added to the U.S. stock market at the open after PCE inflation recorded its first monthly decline in six years. - Spain’s largest bank, Banco Santander, now reports owning $4.3 million in spot Bitcoin ETFs.

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