[The Federal Reserve Announces the End of Quantitative Tightening Policy on December 1] The Federal Reserve's Federal Open Market Committee (FOMC) has issued a statement, deciding to officially end the balance sheet reduction plan on December 1, 2025. Currently, the Federal Reserve is reducing $5 billion in U.S. Treasury securities (UST) and $35 billion in mortgage-backed securities (MBS) each month. This policy adjustment marks a significant shift in the Federal Reserve's monetary policy and may have profound impacts on market liquidity and asset prices.

[Federal Reserve Interest Rate Cap Adjusted to 4%, In Line with Expectations] As of October 29, the Federal Reserve interest rate cap in the United States is set at 4%, in line with the expected 4.00%, with the previous value being 4.25%.

[The Federal Reserve lowers the benchmark interest rate by 25 basis points, in line with expectations] The Federal Reserve announced a 25 basis point reduction in the federal funds rate to 3.75%~4%, in line with expectations.

[Coinbase to Launch Meteora Perpetual Contracts on October 30] Coinbase announced that it will launch Meteora (MET) perpetual contracts on October 30, with the MET-PERP market expected to open at 16:00 (UTC) or later on the same day. The exact launch time will depend on whether liquidity conditions are met and whether the trading region supports the relevant market.

The fund offers exposure to collateralized loan obligations, with onchain capital allocator Grove planning a $100 million anchor investment.