The firm said it is "ripping the band-aid off" by allowing early investors to sell shares ahead of schedule.

[Bitcoin Whale Adds $121 Million in Short Positions] A Bitcoin whale has added $121 million in short positions with 10x leverage, indicating intensified bearish sentiment toward the market. (Cointelegraph)

Onchain capital allocator Grove shared plans to boost Ripple USD, USDC stablecoin liquidity on Aave's institutional lending arm Horizon for tokenized asset-backed borrowing.

[Mysterious Whale Loans 66,000 ETH and Transfers to Binance] A mysterious whale holding $610 million USDC borrowed 66,000 ETH (worth $265 million) from Aave and subsequently deposited it into Binance. Related addresses include 0x85e05C10dB73499fbDeCAb0dfbB794a446feEeC8, among others. (Lookonchain)

[The Federal Reserve May Stop Reducing Its Balance Sheet in October] Bank of America stated that the risk of the Federal Reserve halting the reduction of its balance sheet in October has increased. Economists pointed out that signs of funding pressure in the repo market might prompt the Fed to announce the cessation of its bond reduction program during next week's rate decision. Fed Chair Powell previously hinted at waiting for the right timing to end the balance sheet reduction, and recent repo market fluctuations could serve as a key signal. The Federal Reserve may offset maturing mortgage-backed securities by purchasing U.S. Treasury bonds to maintain the stability of its balance sheet size, with an estimated monthly reduction of approximately $20 billion in short-term Treasury supply.