Bitget Daily Digest（September 19）｜First US Spot Dogecoin ETF Launched; Global Crypto Market Cap Rises to $4.1 Trillion; SEC Accelerates Spot Crypto ETF Approvals

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Bitget2025/09/19 03:19

By:Bitget

Today's Preview

1.The first US meme coin-based exchange-traded fund, Rex-Osprey Dogecoin ETF, will begin trading at 09:00 on September 19, 2025.(UTC+8)

2.LayerZero (ZRO) will unlock approximately 25.71 million tokens, worth around $51.42 million and accounting for 8.53% of circulating supply, at 19:00 on September 20, 2025..(UTC+8)

3.AirNet Technology (NASDAQ: ANTE) will be renamed Yueda Digital Holding (YDKG) starting September 19, 2025.(UTC+8), shifting its focus to Web3 and the digital economy sector.

Macro Hot Topics

1.The SEC has approved the conversion of Grayscale’s Digital Large Cap Fund (GDLC) into a multi-asset crypto ETF.

2.The U.S. Securities and Exchange Commission (SEC) has approved general listing standards to expedite the approval process for spot crypto ETFs.

3.The European Union is considering granting the European Securities and Markets Authority (ESMA) direct supervisory authority over crypto asset service providers, advancing pension investment and crypto reform.

Market Updates

1.BTC is experiencing mild upward fluctuations, while ETH shows weaker performance; market sentiment remains neutral. In the past 24 hours, liquidations exceeded $50 million, primarily short positions.

2.All three major US stock indices closed higher on Thursday, each reaching record highs. The Nasdaq rose 0.94%; chip stocks led the gains, with Intel shares up more than 22%. Market sentiment was buoyed by Fed rate cut expectations and the AI sector.

Bitget Daily Digest（September 19）｜First US Spot Dogecoin ETF Launched; Global Crypto Market Cap Rises to $4.1 Trillion; SEC Accelerates Spot Crypto ETF Approvals image 0

3.Bitget’s BTC/USDT liquidation map shows that BTC is currently priced at 117,130 USDT, with dense high-leverage long and short liquidation zones nearby, indicating potential for heightened short-term volatility. Caution is advised regarding rapid liquidation risks and opportunities.

4.In the past 24 hours, BTC spot inflows totaled $98 million, outflows $115 million, with net inflows of $98 million.

5.During the past 24 hours, contract trading in BTC, ETH, XRP, USDT, BNB, and other coins recorded leading net outflows, suggesting potential trading opportunities.

News Updates

1.The US SEC approved universal listing standards, accelerating the approval of various spot crypto ETFs.

2.The White House is reassessing the nomination of Brian Quintenz as CFTC Chairman, with the confirmation process temporarily halted.

3.AirNet Technology has been renamed Yueda Digital Holding, focusing on Web3 and the digital economy.

4.Huasheng Securities has officially launched virtual asset trading services, accelerating its Web3 ecosystem expansion.

Project Developments

1.Grayscale: The SEC has approved the conversion of its Digital Large Cap Fund (GDLC) into the first multi-asset ETP, covering XRP, SOL, ADA, and others.

2. Ripple: Partnering with DBS and Franklin Templeton to launch stablecoins, promoting tokenized money market fund trading and lending.

3.Circle: Cross-Chain Transfer Protocol (CCTP) V2 is now integrated with the Stellar network, enabling seamless USDC cross-chain transfers.

4.BDACS: Launched the first Korean won stablecoin (KRW1) on Avalanche, supported by Woori Bank.

5.LayerZero TRON: Integrated PayPal USD (PYUSD) into TRON, enhancing cross-chain compatibility via the OFT standard.

6.ZKsync ecosystem hybrid DEX GRVT completed a $19 million Series A funding round.

7. Solana ecosystem DEX aggregator Titan completed a $7 million seed round.

8.PayPal USD stablecoin (PYUSD) has been expanded to Aptos via LayerZero and Stargate Hydra, with PYUSD0 now live.

9.Resolv’s Season 2 airdrop claim will open on September 19, 2025.

Disclaimer: This report was generated by AI and human-verified for accuracy. It is not intended as investment advice.

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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