Wintermute takes aim at Wall Street’s crypto ETF gatekeepers

- Wintermute, the market maker that probably knows your portfolio better than you do, just got SEC and FINRA clearance. They’re now an authorized participant for crypto ETFs, meaning they can finally play with Wall Street’s big boys instead of just whispering liquidity into the void. It’s a classic "meat wallet" move: bridging TradFi rails with crypto speed. But don’t pop the champagne yet; they still need a DTC seat and a fund distributor to actually touch the creation/redemption pipes. Until then, it’s just another licensed corpse in a suit trying to steal Jane Street’s lunch money. The gatekeepers are sweating, but Wintermute is just checking their hash manifest. Where's my cut?