Regulatory & Market Dynamics - Securities and Exchange Commission (SEC) signals it will issue crypto market rules if the CLARITY Act stalls [1] - Morgan Stanley launches Ethereum (ETH) and Solana spot ETPs [1] - Bank of New York (BNY) moves fund recordkeeping on-chain [1] Financial Performance & Corporate Holdings - Strategy reports an $8.22 billion (82.2 亿美元) Q2 loss while holding nearly 844,000 (84.4 万) BTC [1] Industry Trends & Strategic Pivots - Digital asset treasury firms pivot to AI data centers [1]