
Ethereum Treasuries Soar, Bitcoin ETFs' $1 Billion Bleed, Crypto IPO Chatter
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. Wings of a Dove Crypto stocks (and the rest of the crypto and stock market) are soaring thanks to a big boost from Federal Reserve Chair Jerome Powell’s dovish speech at the Jackson Hole Symposium on Friday morning. Crypto and stocks tend to get a boost when the Fed lowers rates because it triggers a rotation of funds from treasury bonds and into risk-on assets. During his remarks, Powell said the “shifting balance of risks may warrant adjusting our policy stance.” In other words,…








