News/Daily Market Wrap | Sep. 11

Daily Market Wrap | Sep. 11

Sep 11,2025,18:47

Hot Topics

  • BlackRock won FCA approval to launch its iShares Bitcoin ETP in Europe, giving UK investors regulated access.
  • U.S. Supreme Court agreed to hear in November whether Trump’s global tariffs under IEEPA are legal, a case that could force refunds of billions in duties.
  • SwissBorg’s SOL Earn wallet was exploited for about USD 41.5 million.
  • Senators Gillibrand and Lummis said Sept 10, 2025, they remain hopeful a crypto market-structure law passes by year-end.

Market Updates

  • Scroll DAO paused governance on Sept 11, 2025, after leadership exits and will redesign toward centralization.
  • Polygon paused its governance structure on Sept 11, 2025, amid leadership shake-ups and will redesign the model.
  • Consensys’s Ethereum Layer-2 network Linea launched its token generation event with a 9.4 billion token airdrop, following a brief outage.
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