Daily Market Wrap | Sept. 01

Hot Topics

• Ethereum achieves historic $135B DEX volume in August 2025.
• FED enforces a blackout from the second Saturday before each FOMC meeting to the Thursday after, barring public comments to protect policy integrity
• Tokenized institutional alternative funds surged 47% to $1.74B in Q2 2025 on Ethereum.
• Grayscale filed S-1 forms on Aug 29, 2025, for Polkadot and Cardano ETFs to seek SEC approval.
• Japan’s first yen-backed stablecoin, set for fall 2025, gains appeal as BOJ eyes rate hikes.

Market Updates

• Trump-linked WLFI token will list on spot markets versus USDT and USDC as of September 1, 2025, enabling its full tradability.
•  Pump.fun’s buyback strategy has reversed its token’s downturn.