News/Daily Market Wrap | Sep. 19

Daily Market Wrap | Sep. 19

Sep 19,2025,18:37

Hot Topics

  • SEC approves accelerated crypto ETF listing standards, slashing approval timelines to 75 days without 19b-4 forms for qualifying products.
  • SEC streamlines spot crypto ETF listings with generic standards, approves Grayscale's Large Cap Fund and Cboe Bitcoin ETF options.
  • Michigan's HB 4087, allowing up to 10% of state treasury reserves in bitcoin, advances to a second reading.

Market Updates

  • Grvt raises $19M from ZKsync and others to scale privacy-focused DEX using zero-knowledge proofs.
  • Brera Holdings, now Solmate, raised $300M to build a Solana treasury, backed by ARK Invest and others, with shares up 14%.
  • Nvidia will invest $5B in Intel at $23.28 per share to develop AI-driven data centers and PCs, boosting Intel's stock by 24% and AI crypto tokens like NEAR, TAO, and FET.
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