Crypto News: Top Stories and Insights Shaping the Market

Crypto News: Key Market Moves and Highlights of the Day

Today’s Top highlights of Crypto, you must know!

The crypto market is in full Greed mode by scoring 73 on the Fear & Greed Index today, data collected from Alternativeme and from 68 yesterday and way higher than last week’s Neutral 54.

This shows investors are feeling bullish and ready to take bigger risks. It looks like the market is running on excitement, not fear right now!

Source: Alternativeme

What happened in Crypto Today? 

Grayscale Registers Hedera ETF and Cardano Trust in Delaware

Grayscale has registered two new products in Delaware that are the Cardano ETF and the Hedera ETF which is marking its first altcoin ETF filings for these assets. The move follows earlier SEC acknowledgments of proposals for both funds. Although the final approval is still pending.

Source: X.

And on the same day Grayscale also launched trusts for Sui-based projects DeepBook and Walrus. These steps showcase the firm’s growing push into altcoin investment options beyond Bitcoin and Ethereum which is aiming to attract both institutional and retail interest in the crypto world. 

ALT5 Sigma Plans $1.5 billion Raise for Liberty Token

ALT5 Sigma plans to raise $1.5 billion to purchase World Liberty Financial (WLFI) tokens which aims to hold around 7.5% of the total supply. Eric Trump has joined WLFI’s board, with Zak Folkman becoming a board observer. 

Source: X

The move has been backed by strong community support and is expected to boost WLFI’s launch planned for Q3 2025. ALT5 Sigma and a Nasdaq-listed digital asset firm that saw its stock fluctuate after the news. This bold step marks in corporate crypto treasuries and echoing earlier Bitcoin and Ethereum reserve strategies.

Kazakhstan Debuts Central Asia’s First Bitcoin ETF

Kazakhstan has launched Central Asia’s first spot Bitcoin ETF through Astana-based Fonte Capital on the Astana International Exchange (AIX). Named BETF, this fund is directly backed by Bitcoin held securely by BitGo Trust and the U.S.-regulated custodian offering up to $250 million in insurance.

Source: X

Kazakhstan is already a global BTC mining hub since China’s 2021 ban and it provides a favorable regulatory framework through the Astana International Financial Centre. BETF lets investors gain BTC exposure without managing private keys and trading in USD on AIX. This move is set to attract foreign investment and strengthen Kazakhstan’s role in the global digital asset market.

Bessent Urges 50bps Fed Rate Cut in September

U.S. Treasury Secretary Scott Bessent is urging the Federal Reserve to cut interest rates by 50 basis points at its September 16 to 17 meeting and citing weaker job growth as well easing inflation. He believes a larger cut could restore economic confidence and boost markets including the crypto markets too. 

Source: X

The potential confirmation of Stephen Miran to the Fed board may further support lower rates. Market odds for a cut are now above 94%, with traders expecting the move to lift stocks, bonds, and digital assets alike.

Bitcoin and Ethereum ETFs Reach New Inflow Records

Ethereum ETFs saw a massive $524M net inflow in a single day and pushed total inflows to $11.36B and asset value to $27.6B. BlackRock led with $318.67M which is followed by Fidelity at $144.93M. The Ethereum price has surged to $4,620, fueled by major holders like BitMine Immersion.

Source: SoSo Value

In comparison the Bitcoin ETFs posted $65.95M in net inflows, far below their August 8 peak. With steady gains and rising investor interest ETH is strengthening its position and could challenge Bitcoin’s dominance in ETF markets.

Conclusion 

Crypto markets are buzzing with action and today’s updates show growing momentum. With trends pointing upward, the coming days could bring even more excitement for investors.