“Your day-ahead look for sept. 19, 2025”, – WRITE: www.coindesk.com
Dogecoin and Xrp etfs Started Trading. (Lo lo/Unsplash modified by Coindesk)
The Sec, As Market Regulator, Now Couldn’s Be More Pro-Crypto If It Triened! On Thursday, A Spot etf Tied to One of the Least “Serious” Cryptocurrencies – Dogecoin Doge$ 0.2705 -DEBUTED IN THE US ALONGSIDE PAYMENTS-FOCUSED XRP.
Unlike Bitcoin BTC$ 116.358.39Ether (ETH) and Stablecoins, Which Act As A Stores of Value and Facilitate Decentralized Finance, Memoeins Like Dost Like Like Cards. Some Observers Are Understandably Worked that Wraping Such An Asset in An Etf Gives It A False Veneer of Legitimacy, Putting Investors at Risk.
You Might Call this the “Peak Pro-Crypto Sec” Moment, WHEN REGULATORS BECOME SO FRIENDLY THAT EVEN MEMEINS Get Their OWN Institutional Wraper. And, Coincidentally, Peak Liquidity Moment Too, Because Who Cash Flows Frely, Traders Get More Adventurous. That’s One Reason Why The Fed May Need to Go Slow With Rate Cuts.
The Crypto Market Sems Unimpressed. Doge Droped Over 2% in 24 Hours, A Sharp Contrast to 2021, WHEN A SINTLE Tweet from Elon Musk Could Send It Skyrocketing. The Entire Meme Token Gang Is Taking A Hit; Names Like M, Pump, and Toshi Are Down Nearly 10% in the Same Period.
XRP isn’t getting off easily either, Falling 2%. Bitcoin and Ether Remain Under Pressure Too, With Traders Aggressely Seneking Downside Protection in the Options Market. The Coindesk 20 Index Was 1.3% Lower AT Press Time.
In Other News, Consensys Ceo Reportedly Said A Metamask Token is Arriving Sooner than Expectored. Popular Newsletter Writer Christine Kim Relayed that Ethereum’s Fusaka Upgrade is Schelyled for Dec. 3. This Upgrade Bundles Multiple Ethereum Improvement Proposals Focused on Enhance Data Availliness and Reducing Costs for Layer-2 Rollups.
Meanwhile, Traditional Markets Aren’t Making It Easy for Crypto Bulls. The Dollar Index and Treasury Yields Edged Higher. The Bank of Japan Stayed Put on Rates, with Two Dissenters Signaling Hikes in the Coming Months. The Central Bank AnnounCed the Gradual Selling of etfs to Slim It Bloated Balance Sheet. Stay Alert!
What to Watch
- Crypto
- Sept. 19: Grayscale Digital Large Cap Fund, WHICH BECAME The GRAYSCALE COINDESK CRYPTO 5 ETF ON Sept. 18, Will Uplist to the Nyse Arca Exchange and Start Trading Under the Ticker GDLC.
- Macro
- Sept. 19, 8:30 AM: Canada July Retail Sales Yoy Est. N/A (prev. 6.6%), MOM (Final) Est. -0.8%.
- Sept. 19 (After Market Close): Quarterly S&P 500, 400 and 600 Rebalancing Takes Effect, Adding Robinhood (Hood).
- Earnings (Estimates Based On Factor Data)
- None screduled.
TKEN EVENTS
- Governance Votes & Calls
- Gnosis Dao is Voting on A $ 40,000 Pilot Growth Fund Using CONVICATION VETING ON GARDENS TO EMPOWER GNO HOLDERS AND SUPPORT SMALL, Community-Led Ecosystem Initiats. Voting Ends Sept. 23.
- Balaner Dao is voteing on an EcoSystem Roadmap and Funding Plan Through Q2 2026. IT Sets Growth, Revenue, Innovation and Governance Targets and Requests $ 2.87 Million in USD Initiatives. Voting Ends Sept. 23.
- Unlocks
- Sept. 20: Velo Velo$ 0.01323 to unlock 13.63% of it Circulating Supple Worth $ 43.39 Million.
- TKEN LAUNCHES
- Sept. 19, 9 AM: ENosys Set to Introduce Xrp-Backed Stablecoin to Flare
- Sept. 19: Lombard (Bard) to be listed on Poloniex.
- Sept. 20: Reserve Rights RSR$ 0.007478 to conduct a token burn.
Conferences
- Day 3 of 3: AIBC 2025 (Tokyo, Japan)
- Day 4 of 4: Edcon 2025 (Osaka, Japan)
- Sept. 19: DEF-AI 2025 (TBLISI, Georgia)
Token TalkBy oliver Knight
- Aster, The Native Token of It Namesake Decentralized Exchange, Rose 33% in the Past 24 Hours to Contribute A 650% Gain Since IT Was Issued Earlier this Week.
- The token was tortated on X by Binance Founder Changpeng Zhao, Who Claims the Token Is A Direct Competitor to Hyperliquid’s Hype.
- Nearly 330,000 Walletts used Aster Ahead of A Series of Exchange Listings for the Token, With Daily Trading Volume Hitting $ 420 Million.
- The Platform’s Introduction Hasn’n Been Without Controversy, One of the Aster Team Members Had to Say “Funds Are Safe” On Discord in Respons.
- IT is also claimed that aster is just a reband of apollox, a decentralized perpetuals exchange that have had around for years.
- Nonetheless, The Platform Has Proven Attractive in the Past 24 Hours and Is Considired by Some Traders As A VIABLE ALTERNATIVE TO HYPERLIQUID, WHOSE TOKEN HAS AAST CACT OF CAP of $ 18.7. Billion.
Derivatives Positioning
- Avax is the only Top 20 Cryptocurrency to Boast An Increase in Perpetual Futures Open Interest Over The Past 24 Hours. The REST OF THE COINS HAVE SEEN FLAT TO NEGATIVE OI, A SIGN OF CAPITAL OUTLOWS.
- Accorging to Data Source Glassnode, 5,000 BTC in Long positions is vulneval to liuidation if the price drops Below $ 117,000. There is also a build up of short positions at Higher Price Levels, Representing a Sell-on-Rise Mentality.
- MOST Majors, Excluding Link, Dot and Trx, Have Seen Net Selling Selling in Futures, As EvidenCed by Their Negative 24-Mour Cumulative Volume Deltas. This Indicates the Possibility of a Sharp Drop in Altcoins Later Today Alongside A Growing Risk Aversion on Wall Street.
- On the cme, Bitcoin Futures oi have bounded to 149k btc, ending a two-month downrend. (Check The Technical Analysis Section). Perhaps, Fresh Shorts Are Coming in, As The Annualized Three-Month Premium Remains Below 10% and Looks to Be Trender South. Ether’s Futures Oi Has Risen Back Above 2 Million Eth.
- On Deribit, Traders Continue to Chase Put Options Tied to Btc in A Sign of Lingering Downside Concerns. Flows Over Otc Network Paradigm Featured Calendar Spreads and Put Writing.
Market Movements
- BTC IS DOWN 0.9% FROM 4 PM ET Thursday AT $ 116,531.51 (24hrs: -0.61%)
- ETH IS DOWN 1.81% AT $ 4,523.65 (24hrs: -1%)
- Coindesk 20 is Down 1.82%AT 4.334.77 (24hrs: -1.27 %%)
- Ether Cesr Composite Staking Rate Is Up 3 BPS at 2.92%
- BTC FUNDING RATE IS AT 0.0042% (4.5651% Annualized) On Binance
- DXY IS UP 0.24% AT 97.58
- Gold Futures Are Up 0.34% AT $ 3.690.80
- Silver Futures Are Up 0.86% AT $ 42.48
- Nikkei 225 Closed Down 0.57% AT 45,045.81
- HANG SENG CLOSED UNCHANGED AT 26,545.10
- FTSE IS UP 0.06% AT 9,233.88
- Euro Stoxx 50 IS Up 0.14% AT 5.464.39
- Djia Closed On Thursday Up 0.27% AT 46,142.42
- S&P 500 CLOSED UP 0.48% AT 6,631.96
- NASDAQ composite Closed Up 0.94% AT 22,470.72
- S&P/Tsx Composite Closed Up 0.45% AT 29,453.53
- S&P 40 Latin America Closed Down 0.75% AT 2.906
- US 10-YEAR Treasury Rate Is Up 1.4 BPS at 4.118%
- E-mini S&P 500 Futures Are UnChanged AT 6,693.75
- E-mini NASDAQ-100 Futures are Unchanged AT 24,709.50
- E-mini Dow Jones Industrial Average Index Are Unchanged 46,503.00
Bitcoin Stats
- BTC Dominance: 57.92% (+0.31%)
- Ether-Bitcoin Ratio: 0.03879 (-1.01%)
- Hashrate (Seven-Day Moving AVERAGE): 991 eh/s
- HashPrice (Spot): $ 52.08
- Total Fees: 3.69 BTC / $ 432,583
- CME FUTures Open Interest: 149,110 BTC
- BTC PRICED IN GOLD: 31.9 oz.
- BTC VS Gold Market Cap: 9.03%
Technical Analysis
BTC’s CME FUTures Open Interest Has Ended Downtrend. (Velo)
- Open Interest in BTC Futures listed on the CME have Surged from 133k to 149K BTC, ENDING A TWO-MONTH DOWNTREND.
- The Change Shows Renewed Capital Inflows Into the Market, Although the Direction of the Flows Remains Unclear.
Crypto equities
- Coinbase Global (Coin): CLOSED ON Thursday at $ 343.13 (+7.04%), -0.62% AT $ 341.00 In Pre -Market
- Circle (CRCl): Closed AT $ 140.42 ( +7.16%), +2.53% AT $ 143.97
- Galaxy Digital (GLXY): CLOSED AT $ 33.08 (+0.21%), -1.75% AT $ 32.50
- Bullish (BLSH): CLOSED AT $ 65.61 (+20.72%), -2.85% AT $ 63.74
- Mara Holdings (Mara): CLOSED AT $ 18.5 (+6.69%), -0.65% AT $ 18.38
- Riot Platforms (Riot): Closed AT $ 17.51 (-0.62%), -0.69% AT $ 17.39
- Core Scientific (Corz): CLOSED AT $ 16.75 (+2.95%), -0.12% AT $ 16.73
- Cleanspark (CLSK): CLOSED AT $ 13.46 (+17.66%), -1.26% AT $ 13.29
- Coinshares Valkyrie Bitcoin Mines Etf (WGMI): Closed AT $ 41.1 (-0.12%), -1.41% AT $ 40.52
- Exodus Movement (Exod): Closed At $ 29.26 (+3.61%)
Crypto Treasury Companies
- Strategy (Mstr): Closed AT $ 349.12 (+5.89%), UnCCAGED IN PRO-MARKET
- Semler Scientific (SMLR): CLOSED AT $ 29.49 (+6.54%), Unchanged In Pre-Market
- Sharplink Gaming (SBET): CLOSED AT $ 17.22 (+0.58%), -0.41% AT $ 17.15
- UPEXI (UPXI): CLOSED AT $ 6.82 (+12.08%), -1.03% AT $ 6.75
- Lite Strategy (Lits): CLOSED AT $ 2.71 ( +3.83%), +3.69% AT $ 2.81
ETF FlowsSPOT BTC ETFS
- Daily Net Flows: $ 163 Million
- Cumulative Net Flows: $ 57.46 Billion
- Total BTC Holdings ~ 1.32 Million
Spot eth etfs
- Daily Net Flows: $ 213.1 Million
- Cumulative Net Flows: $ 13.89 Billion
- Total Eth Holdings ~ 6.6 Million
Source: Farside Investors
While You Were Sleeping
- XRP and DOGE ETFS SMASH RECORDS WITH $ 54.7M Combined Day-One Volume (Coindesk): Rex-Ossprey’s Xrp ETF DEBUTED WITH $ 37.7 Million in Trading, The Year’s Largest Etf La. The Dogecoin Fund Ranked in the Top Five With $ 17 Million.
- Bitcoin Traders Buy More Downside Protection After Fed Rate Cut: Deribit (Coindesk): Bitcoin Traders Continue to Eye Downside Volatility, Hedging Their Bullish Rescure DESPITE Federal Reserve’s Rate Cut, Account to Deribit Ceo Luuk Strijers.
- Ark Doubles Down on Solmate, Buys $ 162m of Shares After Funding Sol Treasury Purchase (Coindesk): Cathie Wood’s Ark Bough 6.5 Million Solmate Million Raise to Fund Its Solana SOL$ 240.34 Treasury strategy.
- Gilts Fall as deficit Numbers Highlight UK’s Fiscal Woes (Bloomberg): The UK’s Budget deficit Hit 18 Billion Pounds ($ 24 Billion) in August, The Highest for the 10-YaTh. 4.71% and Weakening Sterling.
Your day-ahead look for sept. 18, 2025
You are Viewing Crypto Daybook Americas, Your Morning Briefing on What Happened in the Crypto Markets Overnight and What’s Expectioned During the Coming Day. Crypto Daybook American Will Arrive in your Inbox at 7 a. m. Et to Kickstart Your Morning with Compraciene Insights. If you’re not already subscribed, Click here. You won’t to start your day with it.
Read Full Story