Grayscale Seeks SEC Approval to Convert Digital Large Cap Fund into Crypto ETF

Daily Top Performer — Sonic Labs (FTM)

The SPX index was down by 0.76%, with losses driven by declines in the energy, technology, and health sectors, with major chipmakers like Nvidia, AMD, and Broadcom dropping sharply. Investors are navigating earnings season cautiously, with attention shifting to upcoming reports from Abbott Laboratories, Morgan Stanley, and Lam Research. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 1.21%, with Bitcoin and rising by 1.57% and Ether dropping by 1.87%, in the past 24 hours.

Today's top performer is FTM, which surged 3.8% following the release of Sonic Labs' litepaper detailing the FTM migration and $S airdrop plans..