Stock futures are pointing to a higher open Thursday amid a chip stock rally, while investors also digest a new slate of earnings from major banks; Oil futures are sliding as tensions around Iran's recent protests look to be easing; TSMC shares are surging after the chipmaking giant reported strong quarterly results; Morgan Stanley and Goldman Sachs results handily topped Wall Street expectations; and Nvidia is getting closer to selling H200 chips to China with White House approval. Here's what you need to know today. 

• PIPPIN rises by 31 percent: Memecoin euphoria drives up short-term price
• Exchange stocks are falling: Investors secure 2.2 million PIPPIN tokens
• Futures traders remain cautious: financing rates now neutral to negative

This year, a new financial product appeared on the cryptocurrency market - a crypto ETF, which makes it easier for large investors to buy top coins through well-known investment funds. In the winter, the world began to invest in Bitcoin ETFs, in the summer - in Ethereum ETFs. There are also talks about the prospects of widespread adoption of Solana ETFs2024. This trend can be seen in the Bitcoin price, which has risen by about a third since the beginning of this year - from 42.2 thousand US dollars to 59.1 thousand US dollars.Therefore, our editors decided to find out whether the popularity of crypto ETFs will help pull the price of famous coins out of the correction triggered by the fall in the value of cryptocurrencies and the US stock market in August.