According to @cas_abbe, despite Bitcoin (BTC) trading at new all-time highs around $107,900, its volatility has significantly decreased. NYDIG Research notes this decline makes options trading, for both upside calls and downside put protection, 'relatively inexpensive' for traders. This presents a cost-effective chance to position for market-moving events, such as the SEC’s decision on the GDLC conversion and the conclusion of the 90-day tariff suspension in July, as cited by NYDIG. Separately, analyst Aaron Brogan highlights the booming crypto IPO market, led by the massive success of Circle (USDC), which he theorizes is driven by a public market premium for crypto assets, potential regulatory clarity from the GENIUS Act, and high Treasury yields boosting stablecoin issuer revenue. Furthermore, a CoinShares survey presented by CEO Jean-Marie Mognetti reveals that nearly 90% of crypto holders plan to increase their allocations, seeking advisor support focused on risk management and regulated products like ETFs. These trends are supported by broader positive developments, including the Federal Reserve removing 'reputational risk' from bank exams, potentially easing bank-crypto collaboration.