The REX-Osprey Solana staking ETF (SSK) surpassed $200 million in cumulative flows for the first time on Sept. 11, amid Solana’s (SOL) strong price action.

Trading under ticker SSK, the fund struggled with adoption during its initial months, recording zero activity on four of six trading days through Aug. 8, according to Farside Investors data.

The pattern reflected broader institutional hesitation toward Solana-focused investment products compared to Bitcoin and Ethereum alternatives.

Analysts attributed the slow start to structural complexity rather than demand deficiencies.

Additionally, the fund operates outside standard SEC-registered spot ETF frameworks, incorporating staking mechanisms and offshore ETF allocations that differentiate it from traditional cryptocurrency products.

At 0.75% annually, SSK’s management fee positions at the higher end of crypto ETF expense ratios compared to major Bitcoin and Ethereum funds charging 0.15% to 0.25%.

Shifting tides

However, institutional sentiment shifted in late August, following announcements about corporate Solana treasury strategies.

Galaxy Digital, Multicoin Capital, and Jump Crypto announced they were pursuing $1 billion to assemble a Solana treasury through a public company vehicle, with Cantor Fitzgerald serving as lead banker.

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The companies committed cash and stablecoins to Forward Industries, which closed a $1.65 billion private placement on Sept. 11.

In addition, SOL Strategies secured Nasdaq approval to begin trading on Sept. 9 as a Solana-first investment vehicle.

Institutional flows

Institutional flows reflected the momentum shift. Solana exchange-traded products (ETPs) registered $177 million in inflows during the week of Aug. 25-29, representing the largest altcoin flow excluding Ethereum.

The first week of the month saw Solana products dominate altcoin flows with $16.1 million, while Ethereum ETPs experienced $912.4 million in outflows. The institutional interest coincided with Solana’s growth in its DeFi ecosystem.

DefiLlama data shows that Solana crossed $13 billion in total value locked for the first time on Sept. 12.

This backdrop provided fundamental support for a price advance that lifted SOL by 20% in September. On Sept. 12, SOL grew 5.5% to reach a $241.84 high, its highest price level since Jan. 30.

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Alejandro Arrieche

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Alejandro Arrieche

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September 12, 2025

Bitcoin Cash (BCH) is gaining fresh momentum as Grayscale moves forward with its updated ETF application – fueling a wave of speculation and strengthening a bullish Bitcoin Cash price prediction.

The firm’s revised filing brings a potential BCH-backed ETF in the U.S. one step closer to reality, with the countdown now on for regulatory approval.

If launched, the ETF could significantly boost demand by opening the door to institutional capital.

The SEC could take up to 180 days to respond to this updated filing for Bitcoin Cash and another 60 days in case they see the need to make amendments.

Bitcoin Cash Price Prediction: BCH Could Climb to $1,000 If It Breaks This Key Resistance

Bitcoin Cash (BCH) is closing in on a major milestone, with a potential flip of Avalanche (AVAX) and Stellar (XLM) on the horizon.

If these rivals fail to catch up with the market’s latest bullish surge, BCH could climb into the 15th spot on crypto’s market cap. rankings.

echnically, BCH has been riding a clean ascending price channel since April, pointing to a sustained uptrend.

The token is now approaching a key resistance level near $630 – a zone it’s tested twice before.

A third breakout attempt could be the one that sticks.

If bulls push past $750, especially on high volume, it would confirm a breakout and set the stage for a powerful rally toward $1,000 in the near term.

And with altcoin season accelerating, many investors are looking beyond large caps for higher upside.

That’s why early movers are now shifting focus to top crypto presales – projects with breakout potential that could outpace even BCH as momentum floods back into the market.

That’s where Bitcoin Hyper comes in.

Bitcoin Hyper (HYPER) Presale Explodes Past $15M – Next Crypto to 10X?

Bitcoin Hyper (HYPER) has just smashed past $15.3 million raised, making it one of the fastest-moving presales of the year.

Why all the hype?

Because this is the first real way to use your Bitcoin for staking, lending, and earning yield – without leaving the Bitcoin network.

Here’s how it works:

The Hyper Bridge moves your BTC into a secure wallet, then mirrors it onto Hyper Layer 2, built for speed and low fees.

This unlocks real utility for Bitcoin, powered by Solana’s blazing-fast tech – letting you do more with your BTC than ever before.

It’s the best of both worlds: Bitcoin’s strength + Solana’s scalability.

And as more wallets and exchanges integrate with Hyper, buying pressure on $HYPER is expected to surge.

Billions in liquidity could flow into this ecosystem – and those who get in early stand to benefit the most.

To get involved, visit the official Bitcoin Hyper website and connect your wallet (e.g., Best Wallet).

You can use crypto or a bank card to complete your purchase in seconds.

Visit the Official Website Here

Is the Exchange-Traded product currently the largest holder of Bitcoin? In today’s Crypto on Advisors Newsletter, Trackinsight’s Rony Abboud and ETF Central categorize current ETF trends.

Coindesk research leader Joshua de Vos then answers investment questions about ETFs in “Ask an Expert.”

Thank you to the sponsors of this week’s newsletter, Grayscale Investments. For financial advisors near Minneapolis, Grayscale hosts Crypto Connect on Thursday, September 18th. Please see details.

– Sarah Morton

5 Crypto ETF Charts I thought I’d asked for this month.

Crypto officially enters the mainstream of ETFs, and numbers tell the story.

ETPS holds a bitcoin crown

If you missed it, then crypto exchange sales products (ETPS) According to data compiled by X’s Hold15 Capital, he has become the largest owner of Bitcoin, currently sitting on 1.47 million coins.

According to bitcointreasuries.net, public companies have just over 1 million, followed by the government, which holds around 526,000

Looking closely, BlackRock’s iShares IBit Exchange-Traded Fund (ETF) Leading the pack with 749,000 coins, Fidelity’s FBTC holds 201,000 and Grayscale’s GBTC sits at 185,000. As more investors, particularly institutions, dive into a more friendly US crypto government, the proportion of that supply could continue to climb.

Cryptography moves to the mainstream of ETFs

Cryptocurrency has become an important topic in the TrackInsight Global ETF research.

This year’s edition attracted insights from more than 600 professional investors overseeing ETF assets of more than $1 trillion. They shared their views on the Active, Theme, ESG, Bonds and Crypto segments.

When asked about their appetite for Crypto ETFs in 2025, more than half said they plan to increase their client portfolio allocation.

Crypto ETFs break into the big leagues

According to ETF Central’s ETF segment dashboard, US cryptocurrency ETFs have ranked eighth in net inflows over the past year. This is another indication of how strong this asset class has become since accessed through the ETF wrapper. The results of the TrackInsight Survey reflect that shift, showing that once hesitant professional investors are now increasingly open to crypto.

Solana and XRP ETFS show edges close to the spotlight

With Bitcoin and etheric ETFs already established, Solana and XRP are lining up their own spot debuts. Optimism is high, but the SEC has not yet approved submission. Still, the launch potential is better than ever, as the legal cloud around Ripple is lifted and Washington’s more encryption-friendly regulatory environment.

In the meantime, investors have been gaining momentum through US futures-based Solana and XRP ETFs. North of the border, Canada is already moving ahead with spot launches, but Europe continues to lead billing with ETP, which covers almost all major cryptocurrencies, including Solana and XRP.

Since 2024, XRP and Solana ETPS have attracted net inflows of $2.02 billion and $1.35 billion worldwide, gaining momentum after the initial associated US Spot ETF filing.

Big Race: Gold and Crypto

The visual highlights the battle for a key trend in modern finance: the location of investors portfolio.

Gold, a perennial repository of value, remains a key hedge against inflation and geopolitical disruption, keeping the lead by ETP approaching its $400 billion assets.

However, the explosive growth of Crypto ETP marks a new era as it races over $200 billion.

This is not a zero-sum game. Instead, the chart suggests that in an uncertain world, investors look to both assets and offer various forms of protection and growth.

-Rony Abboud, Role, Chief Marketing Officer, TrackInsight and ETF Central

Ask the expert

Q: What happened in the global Crypto ETF/ETP flow in August?

Etherlink products have raised $4.27 billion in August’s net inflow, driven by the strongest monthly intake of the year and primarily US listed funds.

Bitcoin products saw a net outflow of $169.1 million at the category level despite publisher-level diversification. Solana and XRP products recorded inflows of $383.4 million and $279.7 million, respectively, signaling selective diversification beyond BTC and ETH.

Geography flow:

• Americas: Net inflow of $4.92 billion. Continuing global allocations and transactions.
• Europe: Net flow rates of $108 million, reflecting softer demand across several markets.
• APAC: Net inflow with incremental increases led by Hong Kong and Australia is $70 million.

Q: How has the US been positioned since the debut of the publicly listed Crypto ETF and ETPS?

Since Bitcoin ETF became available in January 2024, US listed products have become the central venue for regulated digital asset exposure, with vehicles from US denominations at 94% of global activity.

For investors, this magnitude and consistency of participation highlights the US’s role as a key market for crypto price discovery and capital formation.

Q: What policy developments continue to define the background behind Crypto ETF’s US operations?

• The SEC’s move to allow for the creation/red of spot Bitcoin and ether products in physical form supports more efficient primary market operations and closer spreads.
• Major exchanges also propose general listing criteria for product-based ETPs (Includes digital asset products)if adopted, streamline future product approvals.
• In parallel, the committee extended the review period for certain single asset proposals (Includes Solana)Clustering some famous decisions in October.

Together, these steps strengthen structural clarity as the market matures.

-Joshua vossiarch, Resenarch, Coindesk

Continue reading

Bloomberg analyst Eric Balchunas said the first US exchange-traded fund linked directly to Dogecoin will debut Thursday, Sept. 11.

In a Sept. 9 update on X, he said Rex-Osprey’s planned DOGE ETF (ticker: DOJE) signals the start of what he described as the “memecoin ETF era.”

Balchunas emphasized the fund’s unusual nature, noting that it would be the first U.S. ETF designed to hold an asset “with no utility on purpose.”

DOJE ETF

This development comes barely a week after Rex-Osprey filed for the ETF product with the US Securities and Exchange Commission (SEC).

The quick turnaround can be linked to the fact that DOJE was registered under the Investment Company Act of 1940, a strategy that speeds up approval compared with the traditional 19b-4 process required for spot crypto ETFs.

Under this approach, the fund is structured as a C-corporation that provides DOGE exposure through a Cayman Islands subsidiary.

Notably, the same framework was used for its Staking Solana Fund (SSK), giving the firm a track record of navigating the structure.

However, this setup often draws skepticism from some investors who cite concerns about potential double taxation.

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Nonetheless, this approach would allow an issuer to move quickly, while rivals might remain in the queue because they apply through the Securities Act of 1933 route.

DOGE treasury firm

The ETF development coincides with a major corporation adopting Dogecoin for its digital asset treasury initiative.

On Sept. 8, CleanCore Solutions, Inc., a company listed on the NYSE American exchange, revealed that it purchased 285.4 million DOGE valued at $68 million. This transaction made CleanCore the largest Dogecoin treasury holder to date.

CleanCore said the purchase is the first stage in a plan to accumulate one billion DOGE within 30 days and ultimately secure 5% of the token’s circulating supply.

The Dogecoin Foundation and its corporate arm, House of Doge, backed the initiative. Their strategy positions DOGE as a digital asset for payments, tokenization projects, staking-style products, and cross-border transfers.

To provide custody and execution for the new treasury, the House of Doge also announced a partnership with Bitstamp USA, which now operates under Robinhood (NASDAQ: HOOD). Under the agreement, the Official Dogecoin Treasury will be managed on Bitstamp by Robinhood’s platform.

According to the partners, this setup is intended to strengthen transparency and stability while laying the foundation for yield-bearing products that could expand Dogecoin’s role in mainstream finance

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Grayscale Investments has filed fresh paperwork with the US Securities and Exchange Commission (SEC), seeking to convert its Chainlink Trust into an exchange-traded fund ETF).

The filing, submitted Sept. 5, would allow the $28.7 million vehicle to trade on NYSE Arca under the ticker GLNK once approved.

The company said the shift is designed to give investors regulated access to Chainlink’s price performance without the need to manage or secure the tokens directly.

Essentially, Grayscale aims to lower custody risks while offering exposure through traditional markets by using an ETF structure.

Before the ETF can launch, Grayscale must file a corresponding 19b-4 submission, a procedural step that requires SEC approval.

Grayscale’s Chainlink ETF structure

Grayscale stated that its proposed ETF could allow some of the tokens held in the trust to be staked.

In that scenario, the asset management firm said it would rely on third-party providers to keep tokens in custodian wallets.

The firm emphasized that the fund will use a cash-based creation and redemption model.

While the SEC has recently approved in-kind standards for other digital asset ETFs, Grayscale noted that it remains uncertain how quickly market participants will adapt.

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The company also indicated that NYSE Arca could eventually seek regulatory clearance to update its listing rules to accommodate in-kind transactions.

According to the filing, CSC Delaware Trust Company will serve as trustee, while The Bank of New York Mellon will act as both transfer agent and administrator. Continental Stock Transfer & Trust Company will function as the co-transfer agent, and Coinbase will provide prime brokerage and custody services.

Crypto ETFs

The application marks another attempt by Grayscale to broaden investor access to cryptocurrencies beyond Bitcoin and Ethereum.

Its current applications already cover multiple assets, including Solana and XRP, reflecting growing institutional interest in altcoins.

Market analysts argue that these applications reflect rising institutional interest in altcoins.

Nate Geraci, president of Nova Dius Wealth, pointed out that major exchanges are collaborating with the SEC on standard frameworks for spot crypto ETF listings.

He said such rules could be finalized by October, potentially clearing the way for multiple altcoin products to enter the market.

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Probably the most popular meme coin, Dogecoin (DOGE), is about to do a “first ever” trick again, into territory no meme coin has ever reached before as the Dogecoin ETF looks set to launch this week.

Behind it is Rex-Osprey, which filed for a DOGE ETF under the ticker DOJE previously this year, and according to Nate Geraci, the approval now looks imminent with the next two months shaping up to be extra important for crypto ETFs.

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The new fund will hold Dogecoin directly while also using derivatives such as futures and swaps to manage exposure, with a mandate that requires at least 80% of net assets to remain tied to the meme coin.

At the same time, managers left themselves room to tap into other crypto ETFs if needed, a flexible structure that mirrors Bitcoin and Ethereum products but is still unprecedented for DOGE.

Dogecoin (DOGE) price under microscope

On Crypto Twitter, the reaction was instant. Unipcs, widely known as “Bonk Guy” after making his fortune on a leveraged BONK long, pointed to the timing and pulled up a price chart that shows DOGE building pressure under a descending trendline. 

The price has been at $0.228 with a 6% daily push, the RSI is around 55 and the wedge formation puts $0.25 and $0.30 as breakout lines above, while $0.20 sits as the main support to watch. The setup looks like a textbook squeeze just as the ETF headlines begin to circulate. The narrative in such situations is like the last piece of the puzzle.

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Whether DOJE attracts strong inflows like Bitcoin or Ethereum ETFs is the main question, but the listing itself signals another step in crypto’s shift toward mainstream packaging. From a joke token to Wall Street-style funds, Dogecoin’s path keeps surprising the market — and this week could mark its most unlikely milestone imaginable.

Grayscale has introduced a new exchange-traded fund that aims to turn Ethereum’s price swings into regular income for investors.

The product, called the Grayscale Ethereum Covered Call ETF (ETCO), launched on Sept. 4 and distributes dividends every two weeks. The firm said ETCO uses a covered call strategy instead of holding ETH directly.

The firm stated that the fund tracks existing Ethereum exchange-traded products, including the Grayscale Ethereum Trust (ETHE) and the Ethereum Mini Trust (ETH), and writes call options on them to capture additional yield.

This structure allows investors to benefit from Ethereum’s volatility while adding an income stream to their portfolios.

Grayscale added:

“By writing call options near spot prices, ETCO prioritizes income generation, making it an income-first strategy that may appeal to investors seeking consistent cash flow and high-yield opportunities. The premiums collected through this approach can also help mitigate the impact of market declines, potentially reducing volatility during downturns.”

Krista Lynch, the company’s senior vice president for ETF capital markets, said the ETF is meant to complement existing ETH exposure rather than replace it. She emphasized that the product reflects Grayscale’s strategy of meeting different investor goals with tailored solutions.

At launch, ETCO reported a net asset value of $35.01 per share, with 40,000 shares outstanding and more than $1.4 million under management.

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Ethereum ETF outflows

Grayscale’s new fund comes during a period of weakness for Ethereum-focused ETFs after strong inflows.

According to SoSo Value data, investors pulled $338.25 million from these products over three consecutive sessions, reversing momentum from August when funds saw $3.87 billion in inflows.

Notably, August ranked as the second-strongest of the year, following July’s record $5.43 billion.

Ethereum ETFs remain firmly positive this year despite the latest outflows, with nearly $30 billion in cumulative net inflows since they launched in 2024.

This resilience suggests that institutional demand for ETH exposure continues to grow, even as short-term sentiment shifts.

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Chainlink (LINK) surged 3% to trade around $24 on Monday, marking a beginning of a strong performance in September despite a broadly cautious crypto market.

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The rally was fueled by two significant announcements: a landmark U.S. government partnership to publish macroeconomic data on-chain and Bitwise’s filing for a spot Chainlink ETF with the SEC.

The U.S. Department of Commerce confirmed that the Bureau of Economic Analysis (BEA) will now release critical indicators such as GDP growth and the PCE Price Index directly across blockchain ecosystems like Ethereum, Arbitrum, and Optimism.

Chainlink’s Cross-Chain Interoperability Protocol (CCIP), which already handled $130 million in transfers this week, will play a vital role in ensuring data reliability across networks.

Government Data Goes On-Chain

The ETF move positions Chainlink at the forefront of blockchain adoption by governments. Commerce Secretary Howard Lutnick believes that the decision indicates America’s growing commitment to digital innovation, noting that the first on-chain data point published was a 3.3% GDP growth figure.

Analysts believe the integration of government data could revolutionize sectors ranging from automated trading strategies to decentralized finance (DeFi) risk management.

Mike Cahill, founder of Douro Labs and a core contributor to Pyth Network, called the initiative “a new wave of transparency and innovation.

By bringing trusted government data on-chain, Chainlink strengthens its role as a backbone for blockchain-based financial products, real-time prediction markets, and tokenized asset platforms.

LINK's price trends to the upside on the daily chart. Source: LINKUSD on Tradingview

Chainlink (LINK) Price Forecast

From a technical perspective, Chainlink’s price action shows bullish momentum building near resistance levels. The token rebounded from $23 support last weekend and is now testing the $23.50–$24 resistance zone. A successful breakout above $25.50 could open the door for targets at $27.20 and $29.50, aligning with February’s highs.

However, analysts caution that a failure to hold above $24.20 may weaken the short-term outlook, potentially pushing LINK back toward the $23.00 support area. Still, with institutional interest rising after Bitwise’s ETF filing and government adoption underway, sentiment around Chainlink remains notably bullish.

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As one of the few altcoins outperforming in a market weighed down by Bitcoin’s pullback, Chainlink’s latest surge may be a sign of growing resilience, and possibly the start of a larger breakout.

Cover image from ChatGPT, LINKUSD on Tradingview