Today's news tips:
1. The annual rate of core PCE in the United States was in line with expectations
2. Fidelity, Grayscale, and other institutions submitted S-1 amendments for the SOL spot ETF
3. Binance: Hold at least 190 Alpha Points to claim 375 GOATED airdrops
4. SoftBank and Ark are in talks with Tether for a new round of financing, with a valuation of $500 billion.
5. Kraken is in talks for a new round of funding, potentially valued at $20 billion
6. A whale increased his holdings of XPL by $30 million, pushing the token up 30%, and still has over $40 million left to increase holdings.
7. WLFI repurchased 3.814 million tokens and destroyed 6.923 million WLFI
8. Mira Foundation: MIRA tokens are now available for claiming. Registration and verification are required.
Macro
According to Crypto In America, Vanguard, the world's second-largest asset management company, is preparing to allow clients to invest in cryptocurrency ETFs on its brokerage platform. Anonymous sources familiar with the matter revealed that due to strong client demand for digital assets and the evolving regulatory environment, Vanguard has begun preparing for this and has initiated external discussions. While Vanguard currently has no plans to launch its own products like BlackRock, it is considering allowing brokerage clients to invest in some third-party cryptocurrency ETFs. However, it is unclear when a decision will be made or what products will be offered.
US core PCE annual rate met expectations
According to Jinshi, the annual rate of the U.S. core PCE price index in August was 2.9% (expected to be 2.90%, the previous value was 2.90%), which remained unchanged from the previous month and was in line with market expectations.
The U.S. core PCE price index rose 0.2% month-over-month in August, in line with expectations for a 0.20% increase. The previous reading was revised from 0.30% to 0.2%. The U.S. core PCE price index rose 2.9% year-over-year in August.
Fidelity, Grayscale, and others submit S-1 amendments for SOL spot ETFs
Nate Geraci, president of The ETF Store, tweeted that a series of S-1 amendments for SOL spot ETFs were submitted today, including from Franklin, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, and Canary, with staking included in the filings (a good sign for spot Ethereum ETF staking). These amendments are expected to be approved within the next two weeks.
According to Caixin.com, the Digital RMB International Operations Center has officially started operations. Caixin learned from industry veterans that the Digital RMB cross-border digital payment platform among the three major business platforms is based on the central bank's digital currency bridge project, the Digital RMB blockchain service platform is based on the independent and controllable blockchain software and hardware technology system "Chang'an Chain", and the digital asset platform is based on the Shanghai Clearing House.
Related reading: Four "national-level" public chains compete on the same stage . The article mentioned that "Changan Chain" claims that its transaction throughput (TPS) can reach 100,000, which can meet the high concurrency requirements of large-scale financial and government scenarios.
Project News
Binance Futures to Launch AKEUSDT and ORDERUSDT U-margined Perpetual Contracts
Binance Futures will launch perpetual contracts at the following times:
- September 26, 2025, 8:30 PM (GMT+8): AKE/USDT perpetual contract with a maximum leverage of 50x
- September 26, 2025, 8:45 PM (GMT+8): ORDER/USDT perpetual contracts with a maximum leverage of 50x
Please note that AKE (LINK) and ORDER (LINK) are now listed on Binance Alpha Markets.
Falcon Finance (FF) to be Listed on Binance Alpha
According to an official announcement, Binance Alpha will list Falcon Finance (FF) on September 29th. Eligible users can claim the airdrop using Binance Alpha Points after trading opens on the Alpha event page. More details will be announced soon.
The Mira Foundation has officially announced that MIRA tokens are now available for claiming. Eligible community members must register and complete verification to claim their tokens. Eligibility for this airdrop will be determined by a snapshot taken at 08:00 Beijing Time on September 22, 2025. Participants for the initial airdrop include early ecosystem users, node delegates (Drops 1 and 2), Kaito Yappers, and Kaito ecosystem stakers. Eligible KAITO token stakers in Season 1 will receive 0.20% of the token supply, as will recognized members of the Discord community and OKX Quest participants. The registration deadline is 7:00 PM Beijing Time on October 2, 2025 (UTC), and the claim deadline is 8:00 PM Beijing Time on October 26, 2025.
Huma Finance: The second round of airdrops for the first quarter is now live
Huma Finance announced on the X platform that the second phase of its Season 1 airdrop is now live, allowing users to claim and stake HUMA tokens. The claim window will close at 1:00 PM UTC on October 26th. Staking HUMA will earn a 10% annualized yield.
Market News: SWIFT is developing stablecoins and "on-chain messaging" based on the Linea network
According to AggrNews, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) is developing stablecoins and “on-chain messaging” functions based on the Linea network.
Raphaël Bloch, co-founder and editor-in-chief of The Big Whale, published an article on the X platform to explain the previous news that "SWIFT is developing stablecoins and on-chain messaging functions based on Linea." He said that the Society for Worldwide Interbank Financial Telecommunication (SWIFT) chose Linea to test its on-chain messaging model. At this stage, about a dozen banks are participating, but the stablecoin is only "under consideration" and the interbank token project is still under review.
WLFI repurchased 3.814 million tokens and destroyed 6.923 million WLFI
Trump’s second son Eric Trump tweeted a tip to buy at the bottom: “Buy on the dip!”
Eric Trump has repeatedly suggested buying at the bottom when the market falls. On February 4 this year, he said that now is the best time to increase holdings of ETH. Subsequently, ETH fell 40% in two months. On August 17, he responded to the purchase of $18.6 million worth of Bitcoin and Ethereum, saying it was buying on dips.
Trump's second son Eric Trump again suggests buying at the bottom
According to official news, UXLINK has released a contract migration plan, which will redeem 1 billion UXLINK tokens at a 1:1 ratio on the Ethereum mainnet. The new contract eliminates the burn mechanism; centralized exchanges (CEXs) and on-chain users can redeem tokens manually or through a web portal. A snapshot taken during the initial transfer by the hacker will determine user eligibility. The first batch of CEX redemptions is expected to be completed within 1-5 business days, depending on the CEX's response time. The timeline for additional CEX compensation depends on the recovery of the stablecoin. The on-chain redemption tool is expected to be developed and launched within 5 business days. A separate compensation plan will be provided to affected users. UXLINK is actively recovering the assets sold by the hacker through DEXs, cross-chain bridges, and CEXs. Based on the recovery progress, UXLINK will provide a compensation plan to the community (including CEX users), including but not limited to a buyback program, staking rewards/benefits, and trading incentives.
Binance: Hold at least 190 Alpha Points to claim 375 GOATED airdrops
According to an official announcement, Binance Alpha will list the GOAT Network (GOATED). Trading on Alpha will begin at 17:00 (UTC+8) on September 27, 2025. After trading begins, users with at least 190 Binance Alpha Points will be eligible to claim an airdrop of 375 GOATED tokens. This airdrop will be distributed on a first-come, first-served basis. The minimum score will automatically decrease by 15 points every hour until the event ends. Claiming the airdrop will cost 15 Binance Alpha Points. Users must confirm their claim within 24 hours on the Alpha event page; otherwise, they will forfeit the airdrop.
Important data
According to Lookonchain monitoring, two wallets that had been dormant for more than eight years were activated and 200,000 ETH (worth $785 million) were transferred to two new addresses.
This early Ethereum participant initially acquired ETH mainly through Bitfinex, and currently holds a total of 736,316 ETH (worth US$2.89 billion) in its eight wallets.
According to Bloomberg, CryptoQuant data shows that Bitcoin purchases by publicly listed digital asset treasuries plummeted from 64,000 in July to 12,600 in August, and only 15,500 so far in September. September's figures represent a 76% drop from the frenzied buying in early summer. Over the past week, Bitcoin and Ethereum prices have both fallen by nearly 6%, signaling a period of concentrated market liquidation. Some digital asset treasuries that raised funds through the "Private Investment Public Entity" (PIPE) model are experiencing share prices that are trading at discounts of up to 97% from their IPO prices.
According to public data, digital asset treasury companies have raised over $44 billion this year. These institutions were once positioned by the market as long-term value investors in the cryptocurrency ecosystem, with their core investment strategy focused on building demand for crypto assets through enterprise-level holdings. However, this demand support mechanism is facing challenges. It was previously reported that US regulators are investigating unusual trading in the shares of digital asset treasury companies.
Aave founder Stani.eth is suspected of selling 4 million ENA obtained from investment
According to on-chain analyst Ember, Aave founder Stani.eth may have sold 4 million ENA (US$2.38 million) from his investment: Six hours ago, Stani.eth transferred 4 million ENA to the institutional business platform Galaxy Digital. As an investor in Ethena, these ENA were unlocked and received from the Ethena vesting wallet.
According to SoSoValue data, yesterday (September 26, Eastern Time), the total net outflow of Bitcoin spot ETFs was US$418 million.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was the Fidelity ETF FBTC, with a single-day net outflow of US$300 million. Currently, the total historical net inflow of FBTC has reached US$11.924 billion.
The second is Blackrock ETF IBIT, with a single-day net outflow of US$37.2546 million. Currently, the total net inflow of IBIT in history has reached US$60.819 billion.
As of press time, the total net asset value of the Bitcoin spot ETF was US$143.563 billion, the ETF net asset ratio (market value as a percentage of the total market value of Bitcoin) reached 6.59%, and the historical cumulative net inflow has reached US$56.815 billion.
According to SoSoValue data, yesterday (September 26, Eastern Time), the total net outflow of Ethereum spot ETF was US$248 million.
The Ethereum spot ETF with the largest single-day net inflow yesterday was Grayscale Ethereum Trust ETF ETHE, with a single-day net inflow of US$17.91 million. Currently, ETHE's total historical net outflow has reached US$4.57 billion; followed by 21Shares Ethereum ETF TETH, with a single-day net inflow of US$8.05 million. Currently, TETH's total historical net inflow has reached US$22.57 million.
The Ethereum spot ETF with the largest single-day net outflow yesterday was Blackrock's ETF ETHA, with a single-day net outflow of US$200 million. Currently, ETHA's total historical net inflow has reached US$13.16 billion.
As of press time, the total net asset value of the Ethereum spot ETF was US$26.01 billion, the ETF net asset ratio (market value as a percentage of Ethereum's total market value) reached 5.37%, and the historical cumulative net inflow has reached US$13.12 billion.
According to on-chain analyst Yu Jin, the 30 million USDC transferred to Hyperliquid this morning has been fully converted into XPL. A total of 22.37 million XPL were purchased at an average price of $1.34. When this address first started buying XPL this morning, the price was $1.17. It is now $1.52, a 30% increase. The address still has 41.52 million USDC remaining after withdrawing from Kraken.
Financing/Acquisition
Theta Capital plans to raise $200 million for its new blockchain fund of funds
According to Bloomberg, Theta Capital Management is raising $200 million for its latest blockchain fund, aiming to capitalize on early-stage blockchain investments amidst a period of sluggish venture capital investment in the sector. Prospectus indicate that the new fund, called Theta Blockchain Ventures V, will allocate capital to 10 to 15 venture capital firms focused on digital assets. The fund targets a 25% net internal rate of return (IRR). A Theta spokesperson confirmed the details of the fundraising plan.
Theta Capital Management currently manages approximately $1.2 billion. Theta's portfolio includes well-known cryptocurrency venture capital firms such as Pantera Capital, CoinFund, Polychain Capital, and Dragonfly.
According to Bloomberg, SoftBank and Ark Investment Management are in preliminary talks with Tether Holdings SA regarding its latest major funding round, citing people familiar with the matter. This would be Tether's largest external funding round to date and could value Tether at as much as $500 billion, potentially making it one of the most valuable private companies.
Kraken is in talks for a new round of funding, potentially valued at $20 billion.
According to Bloomberg, Kraken is in advanced negotiations for a new round of funding that could value the cryptocurrency exchange at approximately $20 billion. A person familiar with the matter revealed that the funding, which has not yet been finalized and remains subject to market conditions, will include commitments of $200 million to $300 million from strategic investors. This person stated that Kraken had previously raised $500 million at a valuation of $15 billion, and that this funding represents a significant increase in the private market's valuation of the cryptocurrency giant. Kraken has selected Morgan Stanley and Goldman Sachs as underwriters for its upcoming initial public offering (IPO), expected to take place next year.
Earlier news reported that Kraken completed a $500 million financing round, with a valuation of $15 billion.
