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TradFi is likely to ramp up Bitcoin allocations by the end of the year, says Wall Street vet Jordi Visser.

The statement came during an interview with Anthony Pompiliano, where Visser declared:

Immediately after the statement, Pompiliano agreed with Visser, stating that ‘all the bears are wrong and they’re going to cry.’

However, Visser recognized that Bitcoin is stalling right now because of the low investor activity and the stagnation in the market as a whole. For Bitcoin to ramp up, it takes increased interest from investors, which Visser thinks it’s coming.

Bitcoin Hyper’s ($HYPER) $15.6M presale will also contribute to Bitcoin’s marathon up the charts, as it promises to give us faster and cheaper Bitcoin transactions.

Q4 Will Mark Bitcoin’s Rebirth

Bitcoin has been stagnating in the $100K-$123K range since last December, with a few occasional dips below $80K. This is likely to change this coming Q4, with Bitcoin seeing increased investor interest and institutional and retail adoption.

Strategy is leading the pack with 638,460 $BTC, valued at over $74B, but it’s not the only one with a growing treasury. According to Bitcoin Treasuries data, public companies hold 1,010,738 $BTC, almost a third of all holdings, currently at 3.71M Bitcoins.

But it’s Strategy that delivers the most impactful punch with the largest Bitcoin reserve in the world by a large margin. By comparison, second place goes to MARA Holdings, with 52,477 $BTC, less than 10% of Strategy’s treasury.

Michael Saylor, Strategy’s co-founder and chair executive, posted yesterday a short but punchy X post with the words ‘Bitcoin is more interesting than the Magnificent 7.’

He then followed it up with another tweet, where he highlighted Strategy’s return compared to the assets under the Mag 7 umbrella and, at 91%, MSTR is the clear winner.

This explains why so many corporations and institutions try to replicate Strategy’s success and it puts Bitcoin’s long-term performance into perspective.

An even more interesting perspective comes through Bitcoin Hyper’s lens, the Layer 2 upgrade that promises to give us a faster and cheaper Bitcoin starting 2026 and onward.

Why Bitcoin Hyper ($HYPER) Promises Faster and Cheaper Bitcoin Transactions

Bitcoin Hyper ($HYPER) tackles one of Bitcoin’s most pressing issues: its native performance limitation. The Bitcoin network is capped at 7 transactions per second (TPS), which causes it to lag behind so many modern ecosystems.

For a clearer perspective, Bitcoin ranks 24th on the list of the fastest blockchains by TPS, Ethereum is 20th with 15 TPS, while Solana is third with almost 900 TPS and a 65,000 theoretical one.

A change is necessary and Hyper is that change.

Bitcoin Hyper relies on several tools to address this problem, with the Canonical Bridge and the Solana Virtual Machine (SVM) being among the most impactful.

The Canonical Bridge mints the users’ Bitcoins into Hyper’s Layer 2 after the Bitcoin Relay Program verifies and confirms incoming transactions.

Users can either use the wrapped Bitcoins on the Hyper layer or withdraw them to Bitcoin’s native network at will.

Together with the Bitcoin Relay Program, the Canonical Bridge achieves several things: near-instant finality, higher scalability, no more network congestion.

Because transactions essentially take place on the ultra-fast Hyper layer, the fee-based priority system, which forced smaller transactions at the end of the line, is also gone. No more waiting for hours for your transaction to go through.

The Solana Virtual Machine complements this system by enabling the lightning-fast execution of smart contracts and DeFi apps, further pushing Bitcoin’s performance to higher standards.

The $HYPER presale is now at over $15.6M, which already makes it one of the most successful presales of 2025.

If you want to invest, now’s the time, given that Bitcoin is about to enter Q4, when it’ll likely experience increased investor activity. $BTC is already testing its $116K price point.

$HYPER is now at $0.012915, but we expect it to hit the markets hard post launch, especially since Hyper aims at a Q4 public listing.

So, read our guide on how to buy $HYPER and go to the presale page to secure your spot in the $HYPER train.

This isn’t financial advice. Do your own research (DYOR) and invest wisely.

Authored by Bogdan Patru, Bitcoinist – https://bitcoinist.com/tradfi-to-increase-bitcoin-allocations-this-year-as-bitcoin-hyper-surges

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Imagine it’s 1999, and markets are hitting high after high. The dot-com boom is in full swing, and investors are euphoric seeing the value of their portfolios soar. For many, the advent of the internet meant that “it was different this time” — technology stocks seemed like they would never stop their incredible march upward. I probably don’t have to tell you what happened next.​ ​

While it might seem clear in hindsight — maybe even obvious — it’s never the case when you’re living it. It’s easy to get caught up in the moment and miss the signs. And frankly, that may not always be the worst thing; bulls tend to outperform bears in the long run.

But with the S&P 500 (^GSPC -0.05%) hitting new highs, many investors would love to know when the next crash is coming — I sure would — so it’s useful to look for parallels between now and major market downturns of the past. Were there specific warning signs in 1999 and 2007 that a savvy investor could have seen before the crashes of 2000 and 2008?

Margin debt hits $1 trillion for the first time ever

One potential warning sign is the money traders borrow to invest in stocks, known as margin debt. This metric recently hit an all-time high, topping $1 trillion for the first time in June and rising again in July. But then again, the stock market is hitting new highs itself, so margin debt isn’t setting records relative to the total value of the S&P 500.

​What is truly concerning is not how much debt there is in the market but how fast it’s growing. Between May and June, leveraged positions grew 18%, the fifth-largest increase on record. The only two-month periods with higher growth rates all came in — you guessed it — either 1999 or 2007.

Why margin debt matters

Investors should care about margin debt for two reasons. First, high levels can accelerate a downturn. Traders who use margin cannot let the value of their portfolio fall below a minimum level in relation to the amount they borrowed in the first place. If stocks keep going up, that’s not a problem.​

Image source: Getty Images.

If stock prices fall, however, and their portfolio dips below that minimum value, they face a “margin call” and must either add cash to raise the portfolio value or sell the stocks they bought with margin. Many don’t have the cash on hand to pursue the first option and must sell. This can cause a runaway downward spiral as traders liquidate part of their portfolios to “cover” margin calls, which in turn lower stock prices further, leading to more liquidations, additional sales, and so on.

The second reason it matters is that it is a clear barometer of investor sentiment. A rapid increase, such as the one that recently occurred, suggests that investors are chasing growth. They appear confident that stocks will only go higher and are willing to take on an unusual amount of risk to capitalize on that. And while confidence supports markets, overconfidence fuels bubbles.

Here’s what history says happens next

This rapid rise in margin was exactly the kind of warning sign investors could have looked for in both 1999 and 2007. History would seem to say that what happens next is a crash. However, it’s critical for investors to keep three things in mind.

First, this is a single indicator in what is an incredibly complex market. If you look hard enough, you can probably find numbers that parallel just about any year. It’s more than possible that a crash does not follow in the near term, and the bull run continues.

Second, there are numerous ways in which the market of 2025 differs from those of 2007 and 1999. The companies at the top of the food chain, like Nvidia and Microsoft, are mature companies with robust earnings and valuations that are significantly lower than those of a company like Cisco in 1999. In 2007, the risks posed by a housing market collapse went well beyond the market and equity prices. They were systemwide risks to the very foundation of the real economy.

And finally, even if this is a bubble, timing markets is almost never a winning strategy. Bubbles can keep going for quite some time. So, the lesson history has to offer here is that you should always look to invest in a diverse portfolio of solid companies for the long haul, rather than chasing the latest fad. This gives you the confidence and peace of mind to weather the natural ups and downs of the market — even the big ones.​

Financial markets keep rallying, but a look beneath the surface paints a much riskier picture for the months ahead. Many investors now warn that Wall Street is ignoring growing cracks in the U.S. job market and real economy, a disconnect that has led to major trouble before.

Why Wall Street is so out of step

History shows a persistent pattern. As EndGame Macro pointed out, when job openings decline and unemployment ticks up, the stock market often keeps climbing, until reality hits.

In 2001, 2008, and again in 2020, stocks stayed buoyant on hopes of a Fed rescue or “new era” narratives, only to drop hard when weaker jobs data started to hit company earnings. Typically, this “catch-down” arrived within 6-12 months and:

“It wasn’t gentle; it came with a sharp drop and a recession.”

We’re seeing the same setup today. August’s jobs data was much softer than expected, with only 22,000 new jobs added and the unemployment rate rising to 4.3%.

Meanwhile, the S&P 500 remains near record highs. Wall Street optimism is built on expectations of imminent Fed rate cuts, easy liquidity, and relentless momentum from tech stocks.

Markets are “buying time” on the belief that central bankers will solve everything, but the labor market is already losing ground.

Companies are slowing hiring, and long-term unemployment is rising. Once weaker labor figures hit corporate earnings, Wall Street typically adjusts quickly, and that adjustment tends to be sharp.

This gap between Wall Street optimism and Main Street reality isn’t sustainable. When Fed rate cuts arrive, they might cushion the landing or even spark short-lived rallies.

Yet history shows that deteriorating jobs data wins out before long, dragging stock prices lower as analysts slash profit forecasts.

The risk: a sudden correction

Wall Street’s current rally is fueled by liquidity expectations, not strong fundamentals. In previous cycles, these disconnects have led to a painful correction when markets finally “catch down” to economic reality.

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Looking beyond equities, Bitcoin and the broader crypto markets have responded briskly to these macro signals. In early September, as weak jobs numbers lit up rate cut hopes, Bitcoin surged past $113,000.

With PPI data and CPI data confirming expectations this week, the odds of a rate cut at the next Federal Reserve meeting are over 90%, and the markets are pricing in the expectation of more liquidity in the system, with the Bitcoin price hitting over $116,000 at the time of writing and Ethereum over $4,700.

Digital assets trade the macro narrative; when the real economy slows and central banks ease, traders lean into risk and inflation hedges like Bitcoin.

If history repeats, a sudden equity correction could push more investors toward Bitcoin and crypto, both as a hedge and as speculative plays on monetary easing.

Weakening labor markets, more Fed stimulus, and persistent dollar risk provide a backdrop where digital assets become appealing alternatives to stocks.

Investor focus may shift from chasing tech stocks to seeking refuge in “hard money” like Bitcoin and gold if recession risks get real.

One thing is certain: Wall Street and Main Street are drifting apart. Stocks may stay aloft for a few more months, but softer job numbers and weak employment trends have a history of reversing market euphoria.

Traders betting on Fed support may not see trouble right away, but when the disconnect closes, it can happen fast.

Gemini made a strong entrance on Wall Street on Sept. 12, with its stock price surging over 50% within the intial hours of their first day of trading on the Nasdaq.

The stock, listed under the symbol GEMI, opened at $28 per share and quickly advanced in the opening hours.

Prices briefly touched $40 before settling near $33 by midafternoon, leaving Gemini with a market capitalization of roughly $1.3 billion, according to Yahoo Finance.

The closing price represented a gain of about 24% from its offering level.

Strong debut

Gemini raised approximately $425 million by selling 15.2 million shares. The final offer price exceeded both its original range of $17 to $19 per share and a later revision that set expectations between $24 and $26.

Following a few weeks of rumors, the exchange filed its registration statement with the Securities and Exchange Commission on Sept. 2 and reached the public market just 10 days later, reflecting investor demand for digital asset exposure.

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While not among the largest exchanges by trading activity, Gemini has built a reputation in the U.S. for emphasizing compliance and security. Trading on its platform accelerated in the days before the IPO.

Wave of crypto listings

The debut adds to a string of successful crypto-linked listings in 2025. Stablecoin operator Circle launched on the New York Stock Exchange earlier this year, with shares climbing from a $31 debut price to above $60, valuing the firm at more than $33 billion.

Blockchain financial firm Figure Technology Solutions also completed its IPO this week, notching a 24% first-day jump followed by additional gains.

Taken together, the listings highlight a resurgence of Wall Street interest in digital-asset equities, with investors seeking exposure to crypto companies after years of market volatility.

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Amin Ayan

Crypto Journalist

Amin Ayan

About Author

Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has…

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September 4, 2025

Ethereum-focused firm Etherealize has secured $40 million in fresh funding as it ramps up efforts to bring the second-largest cryptocurrency to Wall Street’s doorstep.

The raise, led by Electric Capital and Paradigm, aims to deepen institutional understanding of Ethereum and accelerate its adoption across traditional finance.

The funding round arrives during a pivotal week for Ethereum, with public firms collectively adding over $1.2 billion worth of Ether (ETH) to their treasuries, a surge that underscores growing institutional appetite for the asset.

Etherealize Aims to Bridge Ethereum and Wall Street

Etherealize, launched in January with backing from the Ethereum Foundation and co-founder Vitalik Buterin, is designed to bridge the gap between Ethereum’s complex ecosystem and the financial world’s demand for clarity, tools, and regulation-ready infrastructure.

Co-founder Grant Hummer previously noted that despite Ethereum’s presence in crypto ETFs, many institutions still lack the fundamental knowledge needed to engage meaningfully with ETH.

The $40 million will fund new tools and platforms tailored to institutional workflows. Etherealize plans to build infrastructure for private trading and settlement of tokenized assets, including a settlement platform for tokenized bonds and other fixed income products.

The firm is positioning itself at the intersection of crypto-native innovation and enterprise-level finance, hoping to deliver scalable solutions for firms seeking exposure to Ethereum’s capabilities.

“Over the past decade, Ethereum has gone from an experiment to the world’s most battle-tested, open financial network,” said co-founder Danny Ryan, adding that the new capital will help “upgrade institutional finance to modern, safer, globally accessible rails.”

The raise comes as Ethereum sees renewed momentum among public companies.

The Ether Machine, a crypto treasury firm planning a public listing, led this week’s accumulation with a 150,000 ETH buy, valued at $654 million.

Meanwhile, BitMine Immersion Technologies, Ethereum’s largest corporate holder, added another $65 million in ETH on Wednesday alone, per data from Arkham.

Other firms followed suit. Sharplink Gaming and Yunfeng Financial disclosed ETH purchases worth $176 million and $44 million, respectively.

Joseph Lubin Predicts 100x ETH Surge

Ethereum co-founder Joseph Lubin believes ETH could rally 100x or more over time, calling it Wall Street’s future infrastructure as TradFi shifts toward decentralized finance.

In an X post, Lubin said Ethereum will replace many siloed systems at institutions like JPMorgan and become the backbone for financial services, staking, and smart contract execution.

Backing the bullish stance of Fundstrat’s Tom Lee, Lubin stated he’s “100% aligned” with Lee’s view that Ethereum could flip Bitcoin in network value.

He compared the moment to 1971 when the U.S. dollar left the gold standard, signaling a tectonic shift in financial architecture led by Ethereum.

Likewise, Lee has predicted that Ethereum will rally in the near term to $5,500, with an ambitious year-end target of $12,000.

During his August 26 guest appearance on the Amitis Investing program, Lee disclosed that institutional Wall Street sentiment toward Ethereum has shifted dramatically following the U.S. Senate’s passage of the GENIUS Stablecoin legislation.

Lee emphasized that Ethereum is the foundational blockchain infrastructure for traditional finance (TradFi), currently supporting over $145 billion in stablecoin supply.

The Trump administration made no attempt to hide its goals when it came to tariffs. As the current U.S. president ran for office, he made it very clear to U.S. voters and the world that they should expect higher tariffs. And that’s exactly what his administration has offered up in dramatic fashion. Some on Wall Street worry that the tariffs could turn the bull market into a bear. Here’s how a long-term investor should be thinking about this issue.

The tariffs are coming! The tariffs are coming!

To simplify what is a fairly complex issue, a tariff is a tax imposed on imported goods. The Trump administration has been using tariffs in an aggressive attempt to reshape global trade. This will have an impact on the economy and the stock market, but what that might be is hard to define today. Simply put, so many things are up in the air right now that nobody knows where the chips are going to fall.

Image source: Getty Images.

That said, one concern is that higher tariffs will eventually be passed through to consumers. That would increase inflation, crimp consumption, and lead to lower earnings for corporate America. The flip side of that argument is that companies have increased prices so much in recent years that they can’t easily push higher costs onto consumers, and, thus, companies are likely to absorb the tariff hit. That would mean lower profit margins. Even here, however, Wall Street could still end up in the dumps as companies earn less and investors react to that negative news.

It seems like nothing good can come of this whole tariff thing. Except that, so far, the market hasn’t really paid much attention. The Vanguard S&P 500 ETF (VOO +0.00%) is up more than 10% so far in 2025. Yes, there was a brief market correction early in the year, but the S&P 500 index, which is what the Vanguard S&P 500 ETF tracks, seems to have shrugged that off, as it is again trading near all-time highs.

VOO data by YCharts.

Don’t get too caught up in the short term

Here’s the big takeaway from the tariff kerfuffle: It is shockingly hard to predict performance on Wall Street. Some people get market turns right once, but very few have been able to time the ups and downs with any consistency. For most investors, trying to jump in and out of the market — a practice known as market timing — is a mistake.

It is far better to buy and hold for the long term, perhaps including an exchange-traded fund (ETF) like Vanguard S&P 500 ETF in the mix. Indeed, focusing on a well-diversified portfolio is key, as it will help to soften the impact of the market’s gyrations over time. Which brings the story back to the potential for a bear market. Simply put, there will be one.

That’s not a prediction; it is just a statement of fact. Eventually, for some reason, investors will go from being bullish to being bearish. That’s just what market history tells us is the norm on Wall Street. Why it happens will be the topic of debate, and eventually, some common cause will be determined. Maybe it will be tariffs. It could also be geopolitical tensions, which are very high today. Or maybe artificial intelligence (AI) won’t turn out to be as profitable as investors expect, and that will lead the market lower, given that AI enthusiasm has helped lead the market higher.

Something will eventually give way, and there will be a bear market. Then, after some period of time, a bull market will arrive. It’s just how the market works. You should spend more of your time thinking about ways to save money and how to invest wisely. Investing wisely means taking into consideration the ever-present risk of a bear market.

Keep it simple and think long term

Far too often, investors get caught up in short-term market movements. The big picture is more important, including the sometimes erratic upward march of stocks over the long term. Sticking to an investment plan is hard, but it is likely to result in better long-term performance than trying to jump in and out of the market. Which is why a simple portfolio consisting of an S&P 500 index fund and a broadly diversified bond fund or ETF — say, in a 60% stock/40% bond breakdown — could be all you need.

^SPX data by YCharts.

Bonds help provide safety during market turmoil, and stocks provide growth over the long term. That combination will allow you to ride out bear markets without letting your emotions lead you into making investment mistakes (like selling everything you own and never investing again). Another option is just to buy a balanced mutual fund that does all the investing work for you. That leaves you to focus on saving money, which is where you will likely have the biggest impact on your long-term wealth, anyway.

If you do choose to buy individual stocks, which can be a lot of fun, don’t focus on the short term. Or to put it another way, think in decades, not days. When you do that, a bear market will probably end up looking like just a small hiccup. And it won’t really matter to you what precipitated the bear, anyway, because you will be too busy. You see, long-term investors often find their best investments during deep market declines.

Galaxy Digital, Multicoin Capital, and Jump Crypto are seeking about $1 billion to assemble a Solana treasury through a public company vehicle, according to Bloomberg, with Cantor Fitzgerald engaged as lead banker and a takeover of a listed entity contemplated for the structure.

The effort, described as ongoing talks, would create what the report characterizes as the largest dedicated SOL treasury.

The contemplated wrapper mirrors familiar corporate-treasury mechanics, using public equity and financing tools to scale crypto exposure that can later be supported by converts or PIPEs.

Recent activity around Cantor-backed crypto treasuries shows the pathway exists in traditional markets, including a Nasdaq listing plan for Bitcoin Standard Treasury Company through a Cantor-affiliated SPAC, which if completed would list a balance sheet with more than 30,000 BTC.

Timing remains a key variable. Bloomberg’s account, as relayed in same-day trade press summaries, points to an early September closing goal and a green light from the Solana Foundation, while noting that details could change and the parties declined to comment. These elements underline that the plan is pre-closing and subject to market and regulatory execution risk.

The choice of Solana aligns with how on-chain trading has shifted this year. OKX’s State of DEX 2025 found Solana accounted for roughly 48 percent of decentralized exchange volume, with activity skewed to smaller retail trades, while Ethereum and its Layer 2s continued to dominate tickets above $50,000. That split helps explain why an equity-listed SOL aggregator might target breadth and liquidity on Solana while acknowledging that institutional block flow often retains an ETH bias.

The firms named in the Bloomberg report already have touchpoints with the ecosystem. Galaxy launched Solana index-tracking funds in 2021 alongside the Bloomberg Galaxy Solana Index, establishing an early institutional product set tied to SOL pricing.

Multicoin has publicly articulated a multi-year Solana thesis focused on throughput and vertical integration. These histories provide context for why they would coordinate on a larger balance-sheet approach today.

The prospective vehicle would also enter a field of emerging SOL treasuries. Upexi disclosed purchases of discounted locked SOL and said its holdings surpassed $100 million this spring, part of a pivot toward a SOL-centric treasury strategy that includes validator operations and financing via equity and convertibles.

DeFi Development Corp., which has framed itself as a SOL accumulator, reported crossing 846,000 SOL and reiterated its intent to compound via staking yields. These moves signal how listed companies are operationalizing SOL on balance sheets.

If the Cantor-advised SOL vehicle closes on the timeline described, it would formalize a public-markets route for consolidated SOL acquisition, potentially creating an equity proxy for investors that cannot hold the token directly and a repeatable template for future altcoin treasury structures.

For now, the initiative sits in the discussions stage, with the size target, banker role and public-company takeover framework outlined in Bloomberg’s reporting.

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