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Bitcoin spot ETFs saw a net outflow of $120.24 million on September 11, ending a run of inflows over the prior days. Over the same period, ETFs tracking XRP and Ether recorded net inflows, indicating capital rotation from Bitcoin into other major crypto assets. The data points to a short-term drop in investors’ risk appetite for Bitcoin and increased allocation demand tied to the XRP and Ether ecosystems.

Solana recorded its highest-ever daily token launches, with more than 263,000 new tokens created in a single day. Circle also minted another 250M $USDC on Solana in the last 24 hours. The data point to sustained on-chain activity on the network. Developers and project teams are moving into the Solana ecosystem at a faster pace.

A group of 37 European banks has launched a euro-denominated stablecoin on the Ethereum network, aiming to enter a $300B market. The move signals large-scale adoption of on-chain payments infrastructure by traditional banking players. The stablecoin will run directly on the Ethereum blockchain, offering euro-area users a bank-backed tool for on-chain payments and settlement.

Clients of Franklin’s exchange-traded fund (ETF) bought $1.55 million worth of XRP. The purchase was executed via a compliant ETF channel. The transaction indicates institutional demand for XRP exposure.

Crypto mining company Bitmine’s ether holdings are nearing the 5% threshold of ETH’s total circulating supply. Data show the firm has continued to accumulate ETH, drawing attention to the size of the balance held at its on-chain address. At this level, Bitmine is becoming one of the more significant institutional holders in the Ethereum ecosystem, potentially affecting market liquidity and token distribution.

Tokenized stocks recorded $1.01 billion in trading on Saturday and Sunday, roughly matching activity seen in Friday’s full session. U.S. stock exchanges were closed for 89 hours over the Labor Day weekend. The most actively traded name was a tokenized Nasdaq100 fund issued on BNB Chain, which saw $180.5 million in weekend volume. This highlights continued trading in on-chain synthetic assets while traditional markets were shut.

An unpublished U.S. Securities and Exchange Commission (SEC) document indicates that XRP is listed as an eligible commodity under Nasdaq Texas listing rules. The document has not been formally released, but it suggests the regulator internally classified XRP as a commodity rather than a security. If that classification ultimately takes effect, it would provide a compliance basis for XRP to be listed on the Nasdaq Texas exchange.

Spot XRP exchange-traded funds recorded $110.49M in net inflows for the week of Aug 31 to Sept 4, marking their best weekly performance of 2026. XRP rose more than 3% on the day. The token is up 38% over the month.

Bernstein reiterated its Outperform rating on Robinhood (HOOD) and kept its $160 price target, implying about ~31% upside from the current level. The firm said Robinhood Chain led all blockchains with approximately ~$33M in fees over the past 15 days, far ahead of Solana at around ~$11M and BNB Chain at about ~$9M. The data underscores the strength of Robinhood’s on-chain business, according to Bernstein.

Harmony Protocol said it will abandon its own blockchain and move into the Ethereum ecosystem. The decision follows an abnormal minting of 3 trillion tokens. The shift could materially change the use cases and underlying value proposition of the project’s native token, ONE. The market is watching how the project will integrate into the broader Ethereum ecosystem, according to The Currency analytics.