Company
VanEck is a global asset management firm offering ETFs and mutual funds across equities, bonds, commodities, and digital assets.
VanEck told the SEC on Wednesday that it will not distribute shares of its proposed Lido staked Ether ETF. Crypto Briefing reported that no shares were ever issued, so the withdrawal leaves no holders to unwind.
Perspective Coverage
4 publishersReality
IREN secured $3.65 billion of AI financing at a blended 6% in June and $2.4 billion at a fixed 9% in August. BlocksBridge says lenders increasingly weigh customer, contract and path to completion, but the packages fund different projects.
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MarketVector has licensed its US semiconductor index to Paragon for a Hyperliquid perpetual that trades while US stock exchanges are closed. CryptoSlate reports that thin overnight liquidity can push its price away from the stocks and close out leveraged traders before the opening bell.
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MARA Holdings moved 996 bitcoin worth about $81m to Galaxy Digital on October 9, a transfer the analytics firm Lookonchain flagged as a possible sale. The on-chain data cannot confirm a sale, and MARA's filings already show its treasury fell to 35,577 bitcoin from 49,951 a year earlier.
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Metaplanet will fund most bitcoin buying with equity, chiefly perpetual preferred, and hold credit-line borrowing under about 10% of its BTC value. Its new room for income businesses also means the 1.0x mNAV test it applies before selling common shares no longer isolates a premium on the coins.
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September 3 brought $730.9 million and September 18 brought $433 million, so the other eleven sessions of the month netted a combined outflow near $850.3 million against a category holding about $102.5 billion.
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Solana's spot ETFs have taken net inflows for twelve straight weeks, an average of at least $117m a week, and the latest week came in at $60.7m. Bitcoin's spot funds took $6.1m on their quietest volume since October 2024.
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CoinShares marks stabilised data centre capacity at $27m a megawatt and energised mining capacity at $3m, and the conversion cost in between explains why Core Scientific, Keel, Cipher and IREN are walking away from hashrate.
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Dowagiac's bitcoin miners went dark on September 1 so that 20 megawatts could be leased to an unnamed California neocloud at roughly $3 million per megawatt-year. The customer's cash in the door so far is $10.6 million.
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Messari puts Morpho's outstanding loans at a record $5bn, with 95% of it stablecoin credit. About $1.3bn of that comes from Coinbase customers borrowing USDC against $2.5bn of cbBTC, and that prices out as a 52% loan-to-value book, not a leverage book.
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Spot bitcoin ETFs pulled $606 million on August 20, and IBIT kept $503 million of it. The month's record total is mostly one issuer, and the first fund liquidation shows why.
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