Matrixport reports a notable influx of Wall Street funds into crypto stocks, with Circle's IPO valuation reaching $24 billion. Despite this, the overall crypto market remains subdued, as Bitcoin funding rates have declined, indicating potential hedging strategies by investors. Binance is preparing to launch HOME perpetual contracts, while Citigroup anticipates a 75 basis point rate cut from the Federal Reserve this year. Additionally, Coinbase's CEO claims Bitcoin outperforms gold as a currency.