With bitcoin traders testing $40K and a look at Goldman's proposed 'DeFi' Index, CoinDesk’s Markets Daily is back with the latest news roundup.

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This episode is sponsored by Kava and Nexo.io.

Today's Stories:

XRP Cheers Ripple's Japan-Philippines Corridor as Bitcoin Breaks Above $40K Ahead of Fed

U.S. Stock Futures Wobble Ahead of Fed Update

China stock market sell-off slows as investors wait on Beijing’s next move

Inflation Comes for Aluminum, as the Everywhere Metal Surges

Retail investors to drive $1.5tn push towards bespoke index funds

Bank of Estonia Finds 'Unlimited' Potential in Digital Euro Test

Ripple On-Demand Liquidity Corridor Opens Between Japan and Philippines

Senate Banking Committee Bashes Bitcoin's 'Phony' Populism

Bitcoin Mining Difficulty to Increase for First Time Since China’s Crackdown

Binance Boss CZ Is Looking for His Replacement

Robinhood is Reportedly Testing a Feature to Protect Crypto Investors From Volatility

Burger King Brazil Will Accept Dogecoin for 'Dogpper' Dog Food

Featured Story: Goldman's 'DeFi' ETF Is a Nothingburger | Daniel Kuhn