Daily Market Wrap | Sep. 26

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Hot Topics

BlackRock filed for a Bitcoin Premium Income ETF to generate yield via covered call options on Bitcoin futures, complementing its $60B+ spot ETF.

Korea Blockchain Week 2025, held Sept. 23-24 at Walkerhill Hotels & Resorts, features the IMPACT conference and AI WORLD.

Hong Kong Monetary Authority warns that no stablecoin issuers, including AnchorX’s AxCNH pegged to the offshore yuan, are licensed, marking the first test of new strict stablecoin regulations.

Market Updates

Cloudflare’s NET Dollar stablecoin aims to enable fast, secure global transactions for AI agents, supporting a pay-per-use Internet model.

Plasma’s XPL token debuts on Binance and OKX with a $2.4B+ market cap, functioning as gas, staking, and reward token on its stablecoin-centric blockchain.

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