Capping Credit and Crypto Cribs

Today's briefing explores Blackstone putting a lid on credit exits and the first home buyers HODLing their way into a mortgage. We dive into Apple's trillion-dollar app ecosystem, John Bolton's classified diary drama, and why Manchester City's chairman felt like a psychiatrist for Pep Guardiola. From ETF expansions to stablecoin settlements, we have got the market's pulse—no therapy required.