Bitget Daily Digest(September 18)|SEC Eases Listing Process for Digital Asset ETFs; Nothing secures $200 million in Series C funding; XRP and Dogecoin ETFs receive SEC approval.
Bitget2025/09/18 03:09
By:Bitget
Market Preview
- Fasttoken (FTN): 20 million tokens (worth ~$89.8M, accounting for 2.08% of circulation) to be unlocked on September 18, 2025.(UTC+8)
- REX-Osprey Dogecoin ETF: Expected listing on September 18, 2025.(UTC+8)
- Union U Drop Airdrop: Claim deadline is September 18, 2025.(UTC+8)
Macro & Hot Topics
- Over the past 24 hours, $170M+ in liquidations across all major platforms; BTC and ETH were particularly volatile, facing heavy losses on both long and short sides.
- Web3 smartphone maker Nothing secured a $200M Series C funding round at a $1.3B valuation, with plans to launch its first AI-native devices next year.
- Sui officially joins Google Agentic Payments Protocol, further expanding the Web3 ecosystem.
- Movement has upgraded to an independent Layer 1 blockchain, accelerating innovation across its ecosystem.
Market Overview
1.BTC/ETH: Continued choppy movement; sentiment cautious, with roughly $217M in liquidations over the last 4 hours, mostly impacting long positions.

2.Following a 25bps rate cut by the Fed, US equities closed mixed: Dow up 0.57%, Nasdaq and S&P 500 slightly lower.

3.Bitget BTC/USDT current price: 116,669. Liquidations are dense in the 114,700–117,500 range—watch for heightened short-term volatility and possible cascade events.

4.In the past 24 hours: BTC spot inflows totaled $135M and outflows $131M, netting a $4M inflow.

5.Over the same period, net outflows dominated derivatives positions in BTC, ETH, XRP, and BNB—potential trading opportunities may arise.
News Highlights
- The US SEC has approved generic listing standards for commodity trust shares, relaxing ETF listing procedures for digital assets. ETP approvals for Solana, XRP, and others are expected to accelerate.
- CME will launch Solana and XRP futures/options trading on October 13.
- New York regulators now require banks to use blockchain analytics to combat illicit activities.
- Prediction platform Kalshi partners with Solana and Base to drive innovation on-chain.
Project Updates
- REX-Osprey: XRP ETF approved by SEC, trading to commence this week.
- REX-Osprey: Dogecoin ETF also SEC-approved; launch expected today or tomorrow.
- GD Culture Group: Plans to acquire Pallas Capital to boost BTC holdings by 7,500 Bitcoin.
- Bitwise: Proposed new stablecoin and tokenized asset ETFs.
- SEC: Received filings from Bitwise for an Avalanche spot ETF and additional crypto ETF submissions.
- LMAX Group: Launches perpetual BTC & ETH contracts for institutional investors.
- Flow: Forte protocol upgrade now live on testnet.
- BTC Inc.: Renewed 5-year partnership with Strategy Inc. to fuel enterprise Bitcoin adoption.
- Pi Network: Testnet upgraded to version 23 for greater scalability and performance.
- Zircuit: Announces a $495,000 grant program to accelerate Web3 super app development.
Disclaimer: This report was generated by AI and human-verified for accuracy. It is not intended as investment advice.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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