--- title: "Crypto market up, PPI day pumps alts, SOL shines. ETH ETFs rise post streak. Metaplanet raises $1.4b, KindlyMD $30m, Sharplink 1m. Ethena eyes HYPE, CBOE plans futures with BTC, ETH. Dems seek SEC/CFTC support, Gemini to IPO, Vietnam permits crypto trading." description: "Cryptocurrency markets are mixed ahead of the Producer Price Index (PPI) report, with SOL performing well. Ethereum ETFs see a rise after previous outflows. Metaplanet raises $1.4 billion, KindlyMD in" type: "news" locale: "en" url: "https://longbridge.com/en/news/256787332.md" published_at: "2025-09-10T16:16:33.000Z" --- # Crypto market up, PPI day pumps alts, SOL shines. ETH ETFs rise post streak. Metaplanet raises $1.4b, KindlyMD $30m, Sharplink 1m. Ethena eyes HYPE, CBOE plans futures with BTC, ETH. Dems seek SEC/CFTC support, Gemini to IPO, Vietnam permits crypto trading. > Cryptocurrency markets are mixed ahead of the Producer Price Index (PPI) report, with SOL performing well. Ethereum ETFs see a rise after previous outflows. Metaplanet raises $1.4 billion, KindlyMD invests $30 million, and Sharplink buys back 1 million shares. Ethena competes for the HYPE stablecoin, while CBOE plans futures for BTC and ETH. Democrats seek SEC/CFTC support for crypto legislation. Gemini prepares for IPO, and Vietnam allows crypto trading in a pilot program. Cryptocurrency markets are showing mixed trends in anticipation of the Producer Price Index (PPI) report, with SOL exhibiting strong performance. Ethereum exchange-traded funds (ETFs) have witnessed an influx of funds following a six-day period of outflows. Metaplanet has increased its discounted fundraising to $1.4 billion, with KindlyMD committing $30 million to the equity raise. Sharplink has initiated a buyback of 1 million shares. Ethena has entered the competition for the creation of the HYPE stablecoin, but Native Markets is currently favored to win this race. The Chicago Board Options Exchange (CBOE) is in the planning stages for perpetual-style futures contracts involving Bitcoin (BTC) and Ethereum (ETH). Democratic legislators are vying for positions within the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) to advocate for a crypto-friendly bill. The CFTC is exploring the possibility of recognizing foreign cryptocurrency platforms. Gemini is set to go public this week, while Robinhood is preparing to introduce copy trading services. Grayscale has submitted filings for vehicles involving HBAR, LTC, and BCH. Binance and SGB are collaborating to offer direct USD transfers for retail investors. Vietnam has approved a five-year pilot program for trading cryptocurrencies. ### Related Stocks - [GEMI.US - Gemini Space Station](https://longbridge.com/en/quote/GEMI.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Gemini obtains contract market license, exchanges ignite battle for prediction market dominance. | Gemini Exchange has been granted a Designated Contract Market (DCM) license by the U.S. Commodity Futures Trading Commis | [Link](https://longbridge.com/en/news/269359814.md) | | Gemini Stock: Winklevoss Crypto Bet Stumbles | Gemini Space Station (NASDAQ: GEMI) shares debuted at $37 but have since fallen to $26, below the IPO price of $28, resu | [Link](https://longbridge.com/en/news/258662455.md) | | 13:13 ETPolygon, Ethena, and Nethermind Join the Enterprise Ethereum Alliance as Institutional Ethereum Takes Shape | The Enterprise Ethereum Alliance has welcomed Polygon Labs, Ethena, and Nethermind as new members, enhancing Ethereum's | [Link](https://longbridge.com/en/news/275644258.md) | | Ethereum ETF investors face 43% losses – Will outflows accelerate? | U.S. spot Ethereum ETF investors are facing significant losses, with a reported 43% decline from their cost basis of $3, | [Link](https://longbridge.com/en/news/275638528.md) | | Ethereum's ETF Hype Is Staring at Some of the Ugliest Red Numbers in the Market. Here's Why. | Ethereum's price has fallen below $2,000, causing significant losses for ETF investors, with an average cost basis aroun | [Link](https://longbridge.com/en/news/275636636.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.