Let’s explore the latest crypto market updates that are shaping the key trends today, on Sept. 12.
HBAR, Solana, and XRP ETFs proposed by Fidelity Investments and Canary Capital have appeared on the DTCC website.
This move has greatly boosted speculation of imminent US SEC approval.
According to Bloomberg, approval odds for Solana and XRP ETFs are at 95%, while those for the HBAR ETF are at 90%.
More details are available here.
US spot Bitcoin ETFs recorded $552.78 million in net inflows on Sept. 11, amid the renewed confidence among institutional investors. BlackRock’s IBIT led with $366.2 million. It is followed by Fidelity’s FBTC at $134.7 million. Bitwise’s BITB added $40.43 million.
VanEck, Invesco, and Franklin Templeton funds also saw inflows.
The RWA token market cap jumped from $67 billion to nearly $75.5 billion in the past week.
The rally came alongside a surge in tokenized assets onchain, which crossed $29 billion for the first time.
Bitcoin (BTC) rose 1.5% in the past 24 hours on Sept. 12. Now, it is trading at above $115,000. Technical and on-chain signals point to the market advancing on a stronger footing toward higher levels.
Options open interest hit a record $54.6 billion, which indicates 26% growth from $43 billion on Sept. 1. This signals rising demand in the derivatives market that could support BTC price.
The global crypto market cap hit $4.02 trillion in the last 24 hours. Bitcoin (BTC) rose 1.26% to $115,563. Ethereum (ETH) gained 3.31% to $4,554 on strong weekly momentum. XRP stayed at $3.06 (+2.23%), Solana jumped nearly 7.15% daily and 16.35% weekly to trade at $237.97.
