BTC traded at $86,635, up 1.22% over 24 hours, while ETH stood at $2,768.70, up 0.85%. Gold was at $4,384.80 and silver at $67.430; the S&P 500 and Nasdaq 100 rose 0.00% and 0.82%, respectively, while WTI and Brent rose 0.00% and fell 0.03%.
1. Bitcoin spot ETFs draw nearly $1B
US spot bitcoin ETFs drew a single-day net inflow of nearly $1 billion, with institutional allocation demand continuing to build, and BTC trading at $86,635.
Assets to watch: BTC
2. $1.81B of BTC and ETH options expire Friday
Per Coinbase Markets, roughly $1.81 billion of BTC and ETH options expire this Friday. BTC options' overall put/call ratio stands at 0.66, with a 24-hour volume put/call of 0.37, while ETH options show an open-interest put/call of 0.61 and a 24-hour volume put/call of 0.55. Positioning in both BTC and ETH options skews clearly bullish, with recent flow tilting further toward calls.
Assets to watch: BTC, ETH
3. Fed October hike odds at 54.2%
Per CME FedWatch, the probability the Fed holds rates at 3.75%-4.00% at its October meeting is 45.8%, versus 54.2% for a 25-basis-point hike. By December, the odds of holding steady are 10.8%, with a 47.8% chance of 25 basis points of cumulative hikes and 41.4% for 50 basis points.
4. Nvidia compute futures face listing delay
Per The Information, the listing of futures on Nvidia GPU rental prices has hit a hurdle. CME had hoped to launch compute futures as early as October, but now expects to miss regulatory approval. The CFTC is extending its review of how such contracts work and seeking broader industry input, noting the underlying market is fragmented and opaque.
Assets to watch: NVDA
5. OpenAI launches GPT-6 Sol and Luna
OpenAI released new models GPT-6 Sol and GPT-6 Luna, offering near-GPT-6-Astra capability in professional work, factuality, coding and computer use at lower cost. Relative to GPT-5.6 promotional pricing, API input and output prices for Sol and Luna are each cut by 50%.
Assets to watch: OPENAI
6. Anthropic unveils Claude Opus 5.5
Anthropic released Claude Opus 5.5, the first model in the Claude 5.5 family. It matches Claude Fable 5.1 on most tasks, cutting running cost by about 40% and lifting inference speed by over 30% versus Opus 5, and has been tested by external organizations including METR and Frontier Design.
Assets to watch: ANTHROPIC
7. a16z proposes DEX exemption framework to SEC
Andreessen Horowitz (a16z) and the DeFi Education Fund submitted a joint proposal to SEC Commissioner Hester Peirce, suggesting a safe-harbor mechanism that by default treats decentralized trading protocols and their frontends meeting certain criteria as not being an "exchange" under the Securities Exchange Act. The proposal requires DEXs to be non-custodial, automated, permissionless and credibly neutral.
8. Uniswap fee switch burns 100M UNI
Uniswap's protocol fee switch is live, burning 100 million UNI in its first phase. After v4 expanded to seven chains, protocol revenue rose to $325,000, pairing deflation with income.
Assets to watch: UNI
9. 21Shares lists Europe's first Zcash ETP
European asset manager 21Shares listed two physically backed crypto ETPs on Euronext Paris and Amsterdam, including Europe's first Zcash (ZEC) ETP and an ETP tracking ETHFI, the governance and utility token of Ether.fi. Both products hold spot tokens in custody, giving investors exposure without directly holding the coins, with a 2.5% annual management fee.
Assets to watch: ZEC, ETHFI
10. XRP spot ETFs see $20M net inflow
Per SoSoValue data, XRP spot ETFs logged a combined daily net inflow of $20.02 million yesterday (Sept 22 US Eastern time). Bitwise XRP ETF led with a $19.16 million inflow and a cumulative total of $637 million, while Franklin XRP ETF took in $862,200 for a cumulative total of $485 million.
Assets to watch: XRP
11. FTX liquidation moves 27,372 ETH
On-chain monitoring shows FTX/Alameda Research's liquidation team recently moved 27,372 ETH, worth about 75.32 million dollars, to market maker Wintermute via six wallets, resuming asset disposals after the recent crypto rebound.
Assets to watch: ETH
Market snapshot
BTC: $86,635 (24h +1.22%) | ETH: $2,768.70 (24h +0.85%)
Gold: $4,384.80 (+0.19%) | Silver: $67.430 (+1.35%)
WTI: $94.59 (+0.00%) | Brent: $99.22 (-0.03%)
S&P 500: 7,764.64 (+0.00%) | Nasdaq 100: 30,732.40 (+0.82%)
1. Bitcoin spot ETFs draw nearly $1B
US spot bitcoin ETFs drew a single-day net inflow of nearly $1 billion, with institutional allocation demand continuing to build, and BTC trading at $86,635.
Assets to watch: BTC
2. $1.81B of BTC and ETH options expire Friday
Per Coinbase Markets, roughly $1.81 billion of BTC and ETH options expire this Friday. BTC options' overall put/call ratio stands at 0.66, with a 24-hour volume put/call of 0.37, while ETH options show an open-interest put/call of 0.61 and a 24-hour volume put/call of 0.55. Positioning in both BTC and ETH options skews clearly bullish, with recent flow tilting further toward calls.
Assets to watch: BTC, ETH
3. Fed October hike odds at 54.2%
Per CME FedWatch, the probability the Fed holds rates at 3.75%-4.00% at its October meeting is 45.8%, versus 54.2% for a 25-basis-point hike. By December, the odds of holding steady are 10.8%, with a 47.8% chance of 25 basis points of cumulative hikes and 41.4% for 50 basis points.
4. Nvidia compute futures face listing delay
Per The Information, the listing of futures on Nvidia GPU rental prices has hit a hurdle. CME had hoped to launch compute futures as early as October, but now expects to miss regulatory approval. The CFTC is extending its review of how such contracts work and seeking broader industry input, noting the underlying market is fragmented and opaque.
Assets to watch: NVDA
5. OpenAI launches GPT-6 Sol and Luna
OpenAI released new models GPT-6 Sol and GPT-6 Luna, offering near-GPT-6-Astra capability in professional work, factuality, coding and computer use at lower cost. Relative to GPT-5.6 promotional pricing, API input and output prices for Sol and Luna are each cut by 50%.
Assets to watch: OPENAI
6. Anthropic unveils Claude Opus 5.5
Anthropic released Claude Opus 5.5, the first model in the Claude 5.5 family. It matches Claude Fable 5.1 on most tasks, cutting running cost by about 40% and lifting inference speed by over 30% versus Opus 5, and has been tested by external organizations including METR and Frontier Design.
Assets to watch: ANTHROPIC
7. a16z proposes DEX exemption framework to SEC
Andreessen Horowitz (a16z) and the DeFi Education Fund submitted a joint proposal to SEC Commissioner Hester Peirce, suggesting a safe-harbor mechanism that by default treats decentralized trading protocols and their frontends meeting certain criteria as not being an "exchange" under the Securities Exchange Act. The proposal requires DEXs to be non-custodial, automated, permissionless and credibly neutral.
8. Uniswap fee switch burns 100M UNI
Uniswap's protocol fee switch is live, burning 100 million UNI in its first phase. After v4 expanded to seven chains, protocol revenue rose to $325,000, pairing deflation with income.
Assets to watch: UNI
9. 21Shares lists Europe's first Zcash ETP
European asset manager 21Shares listed two physically backed crypto ETPs on Euronext Paris and Amsterdam, including Europe's first Zcash (ZEC) ETP and an ETP tracking ETHFI, the governance and utility token of Ether.fi. Both products hold spot tokens in custody, giving investors exposure without directly holding the coins, with a 2.5% annual management fee.
Assets to watch: ZEC, ETHFI
10. XRP spot ETFs see $20M net inflow
Per SoSoValue data, XRP spot ETFs logged a combined daily net inflow of $20.02 million yesterday (Sept 22 US Eastern time). Bitwise XRP ETF led with a $19.16 million inflow and a cumulative total of $637 million, while Franklin XRP ETF took in $862,200 for a cumulative total of $485 million.
Assets to watch: XRP
11. FTX liquidation moves 27,372 ETH
On-chain monitoring shows FTX/Alameda Research's liquidation team recently moved 27,372 ETH, worth about 75.32 million dollars, to market maker Wintermute via six wallets, resuming asset disposals after the recent crypto rebound.
Assets to watch: ETH
Market snapshot
BTC: $86,635 (24h +1.22%) | ETH: $2,768.70 (24h +0.85%)
Gold: $4,384.80 (+0.19%) | Silver: $67.430 (+1.35%)
WTI: $94.59 (+0.00%) | Brent: $99.22 (-0.03%)
S&P 500: 7,764.64 (+0.00%) | Nasdaq 100: 30,732.40 (+0.82%)