Dogecoin (Doge), XRP Get ETFs. Crypto entrepreneurs say ‘Meh:’ Crypto Daybook Americas

By Omkar Godbole (At all times and unless indicated otherwise)
The SEC, as a market regulator, now cannot be more pro-crypto if it has been tried! On Thursday, an ETF area tied to one of the least “serious” cryptocurrencies – Dogecoin -Ebut in the US in conjunction with focus focus on XRP.
Not like bitcoin Ether (Et) And Stablecoins, which acts as a value store and facilitates decentralized finances, memecoins such as Doge are driven by full tweets, and like cults, such as baseball or pro-wrestling cards. Some observers clearly remember that wrapping such an ETF owner gives it a false varnish of legitimacy, putting the risk to investors.
You can call this moment “Peak Pro-Crypto Sec”, when regulators have become very friendly even though Memecoins get their own institutional casing. And, intentionally, peak moment of liquidity, too, because when cash flows freely, traders are getting stronger. That’s one reason why Fed may need slow with rate cuts.
The crypto market seems uncontrollable. The Doge drops more than 2% to 24 hours, a sharp contrast to 2021, when a single tweet from Elon Musk can send it skyrocketing. The whole meme token gang hits; Names such as M, Pump, and Toshi drop almost 10% at the same time.
XRP does not easily drop either, falling 2%. Bitcoin and Ether remain under pressure too, along with aggressive entrepreneurs seeking downside protection in the choice market. The CoinDesk 20 index is 1.3% less than the press time.
In other news, it was reported that the Consensys CEO said a Metamask token would come sooner than expected. Popular newsletter writer Christine Kim It has been shown that the Fusaka upgrade of the Ethereum is scheduled for December 3. This upgrade binds many Ethereum improvement measures to enhance the availability of data and reducing costs for layer-2 rollups.
Meanwhile, traditional markets do not make it easy for crypto bulls. The dollar index and treasury yields higher. The Bank of Japan has remained in rates, with two dissenters signing hikes in the coming months. The central bank announced the gradual sale of ETFs to thin the dying balance sheet. Stay alert!
What to watch
- Crypto
- September 19: Grayscale Digital Big Cap Fund, which became Grayscale CoinDesk Crypto 5 ETF on September 18, was Uplist At the NYSE ARCA Exchange and start trading under the GDLC ticker.
- Macro
- September 19, 8:30 am: Canada July Retail Sales Yoy Est. N/a (Prev. 6.6%)Mom (Final) East. -0.8%.
- September 19th (After market close): Quarterly S&P 500, 400 and 600 rebalancing is taking place, increasing robinhood (Hood).
- We are (Estimates based on factset data)
Events with the token
- Votes and Management Calls
- Gnosis Dao votes on a $ 40,000 Pilot Growth Fund With the belief in voting in the gardens to empower GNO holders and support the small, led by community -led initiatives. Voting ends on September 23.
- Balancer Dao votes on a Ecosystem Roadmap and funding plan Through Q2 2026. It sets growth, income, change and management targets and requests $ 2.87 million in the USDC and 166,250 BAL to fund the initiatives. Voting ends on September 23.
- Unlocks
- Launching a token
- September 19, 9 AM: Enosys is set to introduce XRP supported by Stablecoin to flare
- September 19: Lombard (Bard) listed in Poloniex.
- September 20: Reserve Rights to perform a Token burn.
Conference
Token talk
By Oliver Knight
- Aster, the native token of the namesake decentralized exchange, has rose 33% in the past 24 hours to contribute a 650% gain since it released earlier this week.
- The token is Touted to X by Binance Founder Changpeng Zhao, claiming the token is a direct competitor to Hyperliquid’s Hype.
- Almost 330,000 dominates used Aster in advance of a series of exchange lists for the token, with a sun -day -to -day trading amount of $ 420 million.
- The introduction of the platform has not been without controversy, one of the members of the Aster team needs to say that “funds are safe” in Discord in response to concerns about whether funds can be undone.
- Also claimed that aster is a mere Rebrand of Apolloxa decentralized perpetuals exchange for many years.
- However, the platform has proven to be attractive in the past 24 hours and are considered by some merchants as a viable alternative to hyperliquidthat the token has a market cap of $ 18.7 billion compared to Aster’s $ 1 billion.
Derivatives positioning
- AVAX is the only top 20 cryptocurrencies to boast of an increase in eternal futures open interest over the past 24 hours. The remaining coins saw a flat on the negative OI, a sign of capital flows.
- According to Data Source Glassnode, 5,000 BTC in a long position is vulnerable to extermination if the price drops below $ 117,000. There is also a build up of short positions at a higher price level, which represents a sale-to-raising mental.
- Most majors, excluding link, DOT and TRX, have seen net seller in the future, such as evidence of their negative 24-hour combined volume of deltas. This indicates the possibility of a sharp collapse in the Altcoins later today with a growing risk of risk on Wall Street.
- In CME, Bitcoin Futures Oi is bound at the 149k BTC, ending a two -month dowrend. (Check the technical analysis section). Perhaps, fresh shorts are coming in, as the annual three -month premium remains below 10% and looks like trending south. Ether Oi futures rise above 2 million ET.
- In the derivit, entrepreneurs continue to pursue the options tied to the BTC with a sign of concerns. The flow to the OTC Network Paradigm features a calendar calendar and puts the writing.
Movements in the market
- BTC dropped 0.9% from 4 pm et Thursday to $ 116,531.51 (24hrs: -0.61%)
- ETH dropped 1.81% to $ 4,523.65 (24hrs: -1%)
- CoinDesk 20 dropped 1.82% to 4,334.77 (24hrs: -1.27 %%)
- Ether Cesr Composite Staking Rate is up 3 bps at 2.92%
- BTC funding rate is at 0.0042% (4.5651% annual) In Binance

- DXY reached 0.24% to 97.58
- Gold futures reached 0.34% to $ 3,690.80
- Silver futures reached 0.86% to $ 42.48
- Nikkei 225 closed 0.57% to 45,045.81
- Hang Seng closes without changing 26,545.10
- FTSE reached 0.06% to 9,233.88
- Euro Stoxx 50 is up to 0.14% to 5,464.39
- DJIA closed on Thursday up to 0.27% to 46,142.42
- S&P 500 closed 0.48% to 6,631.96
- The Nasdaq Composite closed 0.94% to 22,470.72
- The S&P/TSX Composite closed 0.45% to 29,453.53
- S&P 40 Latin America closed 0.75% out of 2,906
- The US 10-year Treasury Rate is up to 1.4 bps at 4.118%
- E-Mini S&P 500 Futures does not change to 6,693.75
- E-Mini Nasdaq-100 Futures does not change to 24,709.50
- E-Mini Dow Jones Industrial Average Index does not change 46,503.00
Bitcoin stats
- BTC Dominance: 57.92% (+0.31%)
- Ether-bitcoin ratio: 0.03879 (-1.01%)
- Hashrate (Seven-day moving average): 991 eh/s
- Hashprice (Spot): $ 52.08
- Total Fees: 3.69 BTC / $ 432,583
- CME FUTURES Open Interest: 149,110 BTC
- The BTC is priced in gold: 31.9 oz.
- BTC vs Gold Market Cap: 9.03%
Technical analysis
- The open interest in the BTC futures listed in the CME appeared from 133k to 149K BTC, ending a two -month dowrend.
- The change shows the altered capital flow to the market, though the direction of the flows remains unclear.
Crypto equities
- Coinbase Global (Coins): closed on Thursday at $ 343.13 (+7.04%)-0.62% at $ 341.00 in pre -Market
- Circle (CRCL): closed to $ 140.42 (+7.16%)+2.53% at $ 143.97
- Galaxy Digital (Glxy): closed to $ 33.08 (+0.21%)-1.75% at $ 32.50
- Bullish (Blsh): closed to $ 65.61 (+20.72%)-2.85% at $ 63.74
- Mara holdings (Mara): closed to $ 18.5 (+6.69%)-0.65% at $ 18.38
- Riot platform (Excitement): closed to $ 17.51 (-0.62%)-0.69% at $ 17.39
- Basic scientific (Corz): closed to $ 16.75 (+2.95%)-0.12% at $ 16.73
- Cleanspark (CLSK): closed to $ 13.46 (+17.66%)-1.26% at $ 13.29
- Coinshares valkyrie bitcoin miners etf (Wgmi): closed to $ 41.1 (-0.12%)-1.41% at $ 40.52
- Exodus movement (Exod): closed to $ 29.26 (+3.61%)
Crypto treasury companies
- Strategy (Mstr): closed to $ 349.12 (+5.89%)unchanged with pre-market
- Semler scientific (Smlr): closed to $ 29.49 (+6.54%)unchanged with pre-market
- Sharpink gaming (SBET): closed to $ 17.22 (+0.58%)-0.41% at $ 17.15
- UPEXI (Upxi): closed to $ 6.82 (+12.08%)-1.03% to $ 6.75
- Lite approach (Lits): closed to $ 2.71 (+3.83%)+3.69% at $ 2.81
ETF is flowing
Spot btc etf
- Net -Net Flow -day: $ 163 million
- Cumulative Net Flow: $ 57.46 Billion
- Total BTC Handles ~ 1.32 million
Spot etfs
- Net -Net Flow -day: $ 213.1 million
- Cumulative Net Flow: $ 13.89 Billion
- Total Eth Holdings ~ 6.6 Million
Source: Farside Investor



