Daily Market Wrap | Sep. 11

Hot Topics

• BlackRock won FCA approval to launch its iShares Bitcoin ETP in Europe, giving UK investors regulated access.
• U.S. Supreme Court agreed to hear in November whether Trump’s global tariffs under IEEPA are legal, a case that could force refunds of billions in duties.
• SwissBorg’s SOL Earn wallet was exploited for about USD 41.5 million.
• Senators Gillibrand and Lummis said Sept 10, 2025, they remain hopeful a crypto market-structure law passes by year-end.

Market Updates

• Scroll DAO paused governance on Sept 11, 2025, after leadership exits and will redesign toward centralization.
• Polygon paused its governance structure on Sept 11, 2025, amid leadership shake-ups and will redesign the model.
• Consensys’s Ethereum Layer-2 network Linea launched its token generation event with a 9.4 billion token airdrop, following a brief outage.