Daily Market Wrap | Sep. 04

Hot Topics

• SEC and CFTC jointly confirmed regulated exchanges can list spot crypto products with leverage or margin.
• Trump asked the U.S. Supreme Court to swiftly overturn a ruling that declared most of his tariffs illegal under IEEPA.
• Labor Day delayed EIA energy data, increasing market volatility and driving hedging with ETFs/options.

Market Updates

• Solana community approved the Alpenglow upgrade on Sept 3, 2025, cutting finality to ~150 ms.
• Etherealize raised $40 million on September 3, 2025, to develop institutional-grade Ethereum tooling aimed at bringing Wall Street on-chain.
• Silent Data joined Ethereum’s Superchain on Sept 3, 2025, as the first privacy-focused Layer-2.