Author: liam

Spot exchange-traded funds (ETFs) for the main cryptocurrencies are experiencing a capital exodus. During the week ending September 20, Bitcoin and Ethereum ETFs recorded combined net outflows of $439 million. This movement coincides with a growing wave of pessimism in the options market, where traders are actively preparing for further price drops. A Week of Massive Leaks for Crypto Funds The CoinShares report, led by analyst James Butterfill, details the magnitude of the withdrawal. Bitcoin investment products were the hardest hit, with net outflows of $313 million. High-profile funds felt the blow: Grayscale’s GBTC lost $166 million, while BlackRock’s IBIT…

Ethena Labs reported a partnership with Flowdesk as its synthetic dollar USDe climbed to $14 billion, a move that aligns with a broader boom in synthetic dollars. The arrangement aims to simplify access for users and traders, affecting both DeFi participants and market makers, according to the note.

World Liberty Financial (WLFI) recorded an uptick after holders approved using 100% of treasury fees to buy WLFI and send them to a burn address. The vote on September 19, 2025 received 99.8% support, signaling broad backing for a supply-reduction approach. According to on-chain data, the move could affect holders, traders, and the liquidity of markets where the token trades.

Solana approved Alpenglow, a consensus overhaul that could move faster than Google by cutting finality to about 100–150 milliseconds. This reduction from the current ~12.8 seconds would reshape on-chain DeFi, payments, and gaming, also affecting traders, developers, and institutional investors, as Jina reports. Finality is the moment a transaction cannot change.

Hedera Hashgraph (HBAR) gained 7% intraday on rising trading volume, pushing the token toward a critical resistance band at $0.28–$0.30. The move is drawing short-term traders and fund managers aiming to capture rotation and potential continuation. A sustained break could unlock further upside, while failure would likely keep price contained within recent ranges.

Grayscale got approval to list its Digital Large Cap Fund (GDLC) on the New York Stock Exchange after a regulatory pause by the SEC. The indexed fund combines Bitcoin, Ethereum, XRP, Solana and Cardano, opening a regulated channel for assets beyond BTC and ETH. The move could shift flows and rotations among cryptoassets, affecting investors and managers seeking varied exposure to major altcoins.

Strategy (MSTR) climbed 7% and now trades near its 200‑day simple moving average, a move closely tied to Bitcoin’s latest upswing. The stock’s valuation remains directly linked to the digital asset’s price, a dynamic that matters for managers active in both markets.

Bullish shares rose sharply following favorable commentary from Citigroup and Canaccord Genuity, coinciding with the company’s NYSE start and the announcement of a New York BitLicense. The combination of investment bank backing and access to the U.S. market drew investor interest as the company outlined plans for its next phase. According to company statements and cited coverage, these developments framed the early trading momentum and expectations for growth.

MoneyGram is integrating USD-pegged USDC on Stellar into a new app in Colombia to speed up remittances. The move aims to reduce friction for senders and receivers, protect against peso depreciation, and reshape payment infrastructure dynamics. At the same time, the shift raises regulatory and operational challenges that managers must assess.

PUMP climbed 65% to a new high, drawing heavy trading and spotlighting pump-and-dump risks. The move primarily affects memecoin traders and liquidity providers on PumpSwap, where speed and activity are the key drivers. Reports cite daily trading above $1,000 million and a surge in TVL, underscoring the intensity of the flow.