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Ethereum (ETH) Price Prediction for September 12
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Ethereum (ETH) Price Prediction for September 12

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The market keeps going up at the end of the week, according to CoinMarketCap.

Top coins by CoinMarketCap

ETH/USD

The price of Ethereum (ETH) has increased by 1.3% over the last day.

Image by TradingView

On the hourly chart, the rate of ETH has made a false breakout of the local resistance of $4,558. If the daily bar closes far from that level, bears may seize the initiative, which may lead to a correction to the $4,450 support level.

Image by TradingView

On the longer time frame, one should focus on the daily bar’s closure in terms of the $4,516 level. 

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If the candle closes with a long wick, traders may witness a decline to the $4,400-$4,500 range over the next few days.

Image by TradingView

From the midterm point of view, the rate of the main altcoin is in the middle of the channel, between the support of $4,166 and the resistance of $4,788. As none of the sides is dominating, ongoing sideways trading around the current prices is the more likely scenario.

Ethereum is trading at $4,515 at press time.



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Ethereum price reclaims $4,500 amid strong exchange outflows
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Ethereum price reclaims $4,500 amid strong exchange outflows

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Ethereum has reclaimed the $4,500 level as institutional demand and steady accumulation reinforce confidence in its long-term outlook.

Summary

  • Ethereum trades at $4,518, up 2.5% on the day but still 8.6% below its August 24 all-time high.
  • On-chain data shows 1.7M ETH was accumulated in the $4,300–$4,400 range, led by Binance outflows.
  • Futures open interest hit record highs on CME, reflecting growing institutional participation.

Ethereum (ETH) rose back above $4,500 on Sept. 12, trading at $4,518 at press time, up 2.5% in the past 24 hours. 

The second-largest cryptocurrency is currently only 8.6% below its peak of $4,946 on Aug. 24. Although ETH has increased 4.4% in the last week, it has still dropped 2.8% over the previous month.

Trading volume for Ethereum reached $36.38 billion in the past 24 hours, down slightly by 0.30%. According to Coinglass data, derivatives volume increased 5.7% to $97.32B, while open interest climbed 2.64% to $61.72B, showing fresh positioning in the futures market.

ETH accumulation builds around $4,300–$4,400

In a Sept. 11 post on CryptoQuant, contributor Crazzyblockk noted that buyers have been steadily accumulating ETH in the $4,300–$4,400 range, with nearly 1.7 million ETH added to long-term wallets. He cited Binance as being crucial because it handled the most outflows during this accumulation phase.

While ETH deposits into Binance started from levels close to $3,150, the average cost basis for these withdrawals is approximately $4,300, indicating that long-term holders are shifting their positions as new demand increases.

Institutions drive ETH futures demand

PelinayPA, another CryptoQuant contributor, noted that open interest in CME futures has increased to all-time highs, especially for short-term contracts with maturities of 1-3 months. Longer-dated contracts are also seeing growth.

She likened the structure to previous Ethereum cycles, in which open interest was low during the 2021–2022 bull market, crashed during the 2022 bear market, and then steadily recovered from 2023–2024.

Strong institutional participation is evident in the current market, she said, with high open interest fueling both upward momentum and the possibility of more severe corrections during expiries. According to PelinayPA, if leverage does not unwind too quickly, ETH may test the $6,800 resistance by year’s end.

Ethereum price technical analysis

Price action supports a constructive outlook. ETH is still trading above its 20-day moving average, which is near $4,406, while the upper Bollinger Band at $4,654 is acting as resistance.  The relative strength index is at 58 and indicating steady demand without approaching overbought territory.

Ethereun daily chart. Credit: crypto.news

Momentum has turned positive. However, conflicting signals from oscillators and the MACD imply that short-term pullbacks are still feasible. Traders might target the $4,900–$5,000 range if the price maintains a breakout above $4,654. If it fails to hold above $4,158, ETH may be vulnerable to a decline toward the $4,000 mark.



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SharpLink Transfers 379M USDC To Galaxy Digital: Ethereum Buy Incoming?
NFT Gaming

SharpLink Transfers 379M USDC To Galaxy Digital: Ethereum Buy Incoming?

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum continues to show remarkable resilience, with demand leaving its mark even as price action remains sideways. ETH has been consolidating in a narrow range, mirroring the broader market where Bitcoin trades cautiously and altcoins display selective strength. Yet behind the scenes, institutional interest in Ethereum is quietly building, setting the stage for what could be the next major move.

According to fresh data from Lookonchain, SharpLink recently transferred $379 million USDC to Galaxy Digital, capital that may be allocated toward purchasing more ETH. This transfer underscores a growing trend: institutional players are not shying away from Ethereum, even amid volatility and macroeconomic uncertainty. Instead, they are positioning themselves for what could be a decisive breakout once the current consolidation phase resolves.

SharpLink Transfers to Galaxy Digital | Source: Lookonchain

SharpLink Gaming is among the first Nasdaq-listed companies to design a treasury strategy centered on ETH, marking a significant milestone in corporate adoption. By treating Ethereum as a strategic reserve asset, it reinforces the idea that ETH’s role extends well beyond speculative trading into long-term institutional portfolios.

Related Reading: Bitcoin Mining Difficulty Keeps Rising Despite Price Volatility – Details

With consolidation tightening and institutional inflows accelerating, the coming weeks may prove critical. Many investors expect a massive surge for Ethereum once the current sideways structure breaks, potentially marking the start of its next major rally.

SharpLink Expands Ethereum Treasury

SharpLink has officially announced that its total Ethereum holdings climbed to 837,200 ETH as of August 31, 2025, solidifying its role as one of the largest corporate holders of the asset. The company continues to pursue its ETH-focused treasury strategy aggressively, with notable activity reported in the week ending August 31.

During that week, SharpLink purchased an additional 39,008 ETH, bringing its cumulative balance to new heights. These acquisitions were financed through $46.6 million in net proceeds raised via the company’s at-the-market (ATM) facility, demonstrating its ongoing ability to secure fresh capital for strategic allocations. Importantly, the average purchase price for the week’s ETH acquisitions stood at $4,531, reflecting the company’s confidence in buying at elevated levels as Ethereum consolidates near all-time highs.

SharpLink Weekly Ethereum and Capital Summary | Source: SharpLink

This accumulation has elevated SharpLink to the position of the second-largest ETH treasury holding company, trailing only BitMine. BitMine currently holds more than 2 million ETH, valued at approximately $9.2 billion. Together, these treasury allocations highlight how major institutions are increasingly adopting Ethereum not only as a speculative asset but also as a long-term strategic reserve.

By expanding its ETH holdings so aggressively, SharpLink is sending a clear signal to the market: Ethereum’s role in corporate treasuries is no longer theoretical. As adoption grows, such moves could prove pivotal in reinforcing ETH’s status as a core asset in the global digital economy.

ETH Analysis: Trading Sideways

Ethereum is trading at $4,436, showing a 2% daily gain as the price begins to emerge from a prolonged consolidation phase. The 12-hour chart highlights that ETH has been moving sideways for much of September, holding firmly above $4,200 support. Now, momentum appears to be picking up as the price tests resistance around $4,450.

ETH testing local supply | Source: ETHUSDT chart on TradingView

The 50 SMA at $4,407 is now acting as immediate support, while the 100 SMA at $4,182 provides a stronger cushion below. The 200 SMA, sitting at $3,460, remains well beneath the current range, confirming that ETH’s broader bullish structure is intact. As long as Ethereum maintains levels above $4,200, the technical setup favors continuation to the upside.

For bulls, the next critical test lies in reclaiming $4,600, a level that has repeatedly capped rallies in recent weeks. A decisive breakout above this resistance would set the stage for ETH to retest the $4,800–$5,000 zone, potentially marking the start of a stronger bullish leg.

Featured image from Dall-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Crypto Trends

Fashion Company Mogu Shares Soar on Bitcoin, Ethereum, Solana Buying Plan

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In brief

  • China-based Mogu said Thursday that its board had approved allocating $20 million in Bitcoin, Ethereum, and Solana.
  • The fashion company’s Nasdaq-listed shares were recently up 76%.
  • Mogu’s board of directors had approved a plan to spend $20 million on cryptocurrencies and crypto-related securities. 

Shares of Nasdaq-listed fashion company Mogu soared on Thursday after the company announced it was buying digital coins Bitcoin, Ethereum, and Solana with its spare cash. 

China-based MOGU was recently trading about 76% higher at $4.40 after soaring at one point to over $7 per share. The share price has been largely stuck below $5 since reaching an all-time high above $37 in early 2021. 

Mogu, which sells clothes and accessories online, said Thursday that its board of directors had approved a plan to spend $20 million on the cryptocurrencies and crypto-related securities. 



“The board believes that by integrating digital assets into its core assets, the company can diversify not only its treasury holdings but also its operational capabilities essential for next-generation AI products and services,” the statement read. 

Decrypt reached out to Mogu for comment. 

Mogu is the latest publicly traded company to buy crypto as a way to diversify their cash holdings. The firm went public in 2018. Chinese tech conglomerate Tencent Holdings was an investor. 

A number of Nasdaq-listed firms are following a model pioneered by Strategy—formerly MicroStrategy—which shifted from software development to buying Bitcoin in 2020. 

The company is now the latest corporate holder of the asset with 638,460 BTC worth over $73 billion. 

Companies pivoting to a crypto treasury plan—buying digital assets so investors can get exposure to the coins—have achieved at least short-term stock price gains, sometimes with massive spikes.

Despite Strategy’s success as a Bitcoin treasury—its shares are up over 2,000% since 2020—the S&P Dow Jones Indices last week said it would not include the company on its S&P 500 index. 

And in a note Wednesday, JP Morgan analysts said that exclusion from the index was negative for other crypto treasuries at a time when such companies’ share prices had already “come under pressure due to overcrowdedness and investor fatigue.”

Bitcoin and Ethereum are the two largest and oldest cryptocurrencies. Solana, the sixth biggest digital coin by market cap, was released to compete with Ethereum. Its crypto network—like Ethereum’s—is used to build applications. 

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Ethereum
NFT Gaming

Ethereum Investors Double Down As Staking Activity Spikes Sharply – Here’s How Much

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum has flipped slightly bullish again after facing bearish pressure for several days and is trading back above the $4,300 price level. Amid this price fluctuation, a recent report shows that ETH’s staking activity has grown exponentially, with a massive portion of the altcoin locked away in staking.

A Massive Growth In Ethereum Staking

While Ethereum’s price is regaining upward traction, staking activity is on the rise. Currently, investors are doubling down on ETH, with staking activity spiking sharply as confidence in the network’s long-term potential strengthens.

This notable surge in staking activity was shared by CryptoGucci, a crypto enthusiast, on the X (formerly Twitter) platform. The development shows a robust commitment from institutional and retail players, who view Ethereum’s proof-of-stake architecture as a pillar for safeguarding the blockchain’s future rather than merely a yield potential.

According to the expert, there is currently more than 36,148,793 ETH locked into staking, even as market volatility continues to shape the broader crypto landscape. This significant number of ETH locked away in staking represents over 29.9% of the total supply of ETH in circulation.

At current market prices, the total ETH locked in staking is worth a staggering $158 billion. CryptoGucci noted that the huge capital from institutional and retail investors championed to the ecosystem is committed to securing ETH through staking.

A massive supply of ETH staked | Source: Chart from CryptoGucci on X

During this substantial wave of ETH staking, a large portion of the altcoin has been persistently withdrawn from major crypto exchanges. Recent reports reveal that Ethereum’s exchange supply is on a steady downward trajectory, and the trend does not appear to be showing any signs of slowing down.

After examining the Ethereum Exchange Reserve metric, CryptoGucci highlighted that the ETH supply on exchanges continues to reach record lows. This development signals a strong shift towards staking and long-term holdings, which reflects rising investor confidence in the altcoin’s potential.

Presently, Exchange-Traded Funds (ETFs) are purchasing billions, treasuries are piling, and institutions are hoarding. Given the ongoing robust attention directed toward ETH, the expert is confident that a notable rally could be on the horizon.

ETH Locking A Larger Chunk Of Spot Market Share

Ethereum is continuously breaking crucial boundaries in the ongoing bull market cycle. In a post on the X platform, Milk Road, a crypto expert, reported that ETH has flipped Bitcoin, the largest crypto asset, in terms of spot market share.

For the first time ever, ETH has captured a larger share of the spot market compared to Bitcoin, surpassing the 50% mark. According to the crypto expert, this is a five-year breakout that indicates the direction of liquidity flow. ETH’s overtaking BTC in this area is a result of stablecoins, tokenization, ETFs, and regulation converging on the network.

ETH trading at $4,436 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Fbs Sees Ethereum Being Positioned As Wall Street’s Base Layer
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FBS Sees Ethereum Being Positioned as Wall Street’s Base Layer

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FBS, a global brokerage firm licensed in multiple jurisdictions, has highlighted Ethereum’s (ETH) evaluation from merely being a speculative cryptocurrency to the foundational infrastructure for traditional finance. 

As per the official release, FBS acknowledged Ethereum’s growing role as a financial backbone for Wall Street. Further indicating Billionaire investor Peter Thiel’s backing of ETH-focused treasuries is acting as a strong signal that institutional capital is now viewing Ethereum as core Financial infrastructure.

Thiel’s Founders Fund owns 7.5% of ETHzilla, a biotech company turned Ethereum treasury, and 9.1% of BitMine Immersion Technologies, another firm that has adopted an Ethereum treasury strategy, and also he leads several investors into Ether (ETH).

FBS, also stated that Ethereum’s staking economy has played a key role in accelerating its transformation with more than $170 billion worth of ETH staked. The assets are comparable to bonds with annual yields of 3-4% making it increasingly attractive for pension funds, corporate treasuries and institutional investors seeking stable income streams.

The experts acknowledged Ethereum’s layer 2 networks namely Arbitrum, Optimism, and Coinbase’s Base, which process about 12-14 million daily, therefore surpassing Ethereum’s own mainnet. The achievements have put Ethereum in a position to be tokenized of real-world assets (RWA) where it already has projects backed by big institutions like JPMorgan, Black rock and Citigroup.

Currently, the already known tokens that will benefit from this institutional shift include, Arbitrum  (ARB), Chainlink (LINK), and Lido (LDO). Also, the analysis noted that ETH spots ETFs which were launched in 2024, have managed to attract $30 billion in assets under management. Beyond the ETF, the tokenization market already worth $24 billion is expected to expand rapidly.

With Ethereum’s expansion, scaling solutions and tokenization, it is in a great position to become Wall Street’s base layer.

Also Read: Hong Kong Arrest 2 Over Alleged Electricity Theft for Bitcoin Mining



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Why Is Everyone Buying Ethereum?
Crypto Trends

Why Is Everyone Buying Ethereum?

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  • Whales are back
  • ETH’s market prospects

Despite its already high price levels, Ethereum is seeing a solid surge of instutitonal accumulation tendencies, with funds and whales increasing their purchases. Significant inflows into wallets associated with institutions and newly created addresses have been noted by on-chain trackers in recent days, indicating a renewed belief in Ethereum’s long-term prospects.

Whales are back

At a price of $3,145 on average, Trend Research sold 79,470 ETH (about $250 million) two months ago. The same organization repurchased Ethereum this week at significantly higher prices, demonstrating faith in the cryptocurrency’s potential despite its short-term cost inefficiency. Trend Research removed 9,377 ETH ($41.37 million) and borrowed 88 million USDT from Aave, depositing it to Binance in just the last two hours. Such behavior is indicative of institutional players’ aggressive positioning.

ETH/USDT Chart by TradingView

In yet another significant action, SharpLink sent 379 million USDC to Galaxy Digital, most likely for the purchase of Ethereum. Within 10 hours, four newly created wallets took out 78,229 ETH ($342 million) from Kraken, which is a clear sign that they were accumulating rather than selling. Just five hours ago, Bitmine added to the momentum by buying 46,255 ETH ($200.43 million), increasing its total holdings to over 2.1 million ETH worth $9.27 billion.

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ETH’s market prospects

With the 50-day moving average serving as a solid support, Ethereum’s chart shows solid tendencies at around the $4,200 mark from a technical standpoint. There is still potential for growth without being overbought, as indicated by the RSI’s continued balance. These institutional flows have helped ETH maintain crucial support zones by offsetting retail uncertainty, even though trading volume has decreased recently.

As usual, Ethereum’s role in the larger digital asset ecosystem is probably the reason why everyone is purchasing ETH at this time. The approval of ETFs, the growing popularity of scaling solutions and Ethereum’s role as an infrastructural asset explain the tendencies we are witnessing.

These large purchases are a warning sign for individual investors. Although short-term volatility is unavoidable, Ethereum’s underlying demand profile is strengthening, which could pave the way for another run toward $5,000. Institutions hardly ever deploy hundreds of millions without a long-term strategy.



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Futures Traders Flock to Ethereum as ETF Investors Rotate to Bitcoin

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In brief

  • Aggregate 24-hour Ethereum futures volume climbed to $49.4 billion, topping Bitcoin’s $42.9 billion.
  • U.S. spot Bitcoin ETFs drew $1.39 billion in inflows over 10 days, while Ethereum ETFs lost $668 million.
  • Altcoins’ share of total trading volume rose to 50% this week, up from 40%, as Bitcoin’s dominance slipped.

Experts suggest growing anticipation ahead of key macroeconomic events this week has led to a stark divergence between futures traders betting on Ethereum and exchange-traded funds rotating their capital to Bitcoin.

Aggregate 24-hour futures volume for Ethereum reached $49.4 billion, surpassing Bitcoin’s $42.9 billion, data from analytics firm Coinanalyze shows.

The surge in speculative interest for the second-largest crypto contrasts with capital flows in the ETF space.



U.S. spot Bitcoin ETFs have notched a net inflow of $1.39 billion over the past ten days, according to data from SoSoValue. 

Over the same period, spot Ethereum ETFs have seen outflows of $668 million, highlighting a rotational trade by institutional investors.

Stephen Gregory, founder of crypto trading platform Vtrader, told Decrypt that the divergence between the top two cryptocurrencies is typical, especially with the possibility of a half-point rate cut by the Fed, which is driving the shift in flows to Ethereum and altcoins.

“I think we’ll close Q3 on an uptrend led by altcoins,” he added.

Gregory’s outlook is echoed by Coinanalyze data, which shows altcoins’ share of total trading volume has jumped to 50% this week after consolidating around 40% for weeks. In comparison, Bitcoin’s volume dominance fell to 21% from 31%.

Gregory attributed the strong Bitcoin ETF inflows to “FOMO trading from new wealth managers finally allowed to allocate capital.”

As a result, the rotational trade has fueled a significant performance gap with Ethereum up 31% year-to-date, outpacing Bitcoin’s 19% gain, CoinGecko data shows.

While the futures traders show a growing interest in Ethereum and altcoins, the options market data reveals a more tempered outlook. 

Implied volatility, which tracks the market’s future expectations based on options data, continues to remain low, Adam Chu, Chief researcher at GreeksLive, an options trading platform, told Decypt. 

Despite the rate decision next week, he said, “the options market is pricing in relatively low future volatility, with a consensus that a 25-basis-point rate cut has already been factored in.”

“The overall market sentiment remains more favourable towards the fourth-quarter outlook,” Chu said.

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SEC announces cross-border task force to combat fraud
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SEC delays Ethereum ETF staking decisions for BlackRock, others

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The U.S. SEC has once again hit the brakes on key crypto ETF decisions. This time, the regulator is delaying approvals for Ethereum staking proposals from top financial giants like BlackRock, Fidelity, and Franklin Templeton, leaving the crypto market watching closely.

Summary

  • The SEC has postponed decisions on crypto ETF proposals targeting Ethereum staking, Solana, and XRP.
  • Staking addition for BlackRock’s iShares Ethereum Trust now awaits a final decision by October 30, while that of Fidelity Ethereum Fund and Franklin Templeton were both extended to November 13.
  • More than 90 crypto ETF applications remain pending as the Commission continues to push back review dates.

The U.S. Securities and Exchange Commission (SEC) has extended the deadline for its decision on ETF proposals seeking to add staking features and track major altcoins. Per a Sept. 10 filing, the commission postponed its ruling on BlackRock’s proposal to allow Ethereum (ETH) staking within its iShares Ethereum Trust.

Originally due September 15, the decision has been pushed to October 30, 2025. If approved, it would be the first exchange-traded fund of its kind.

Citing the reason for the delay, the SEC said it needed additional time to review the proposals.

“The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the agency wrote.

In addition, the regulator also extended the review period for Fidelity’s proposal to add staking features to its Ethereum ETF, pushing the deadline to Nov 13. BlackRock, Fidelity and Franklin Templeton are not alone in facing setbacks on staking ETFs. Other delays includeOther delays include CBOE’s 21Shares Ethereum ETF, now due October 23, and NYSE’s Grayscale Ethereum ETF, postponed to October 29.

This wave of delays suggests the SEC is treading cautiously, especially around staking products, which have historically triggered concerns regarding custody, market manipulation, and investor protection.

Beyond staking ETFs, other applications were also delayed. The agency assigned a Nov 14 deadline for Franklin Templeton’s proposals to launch funds tracking Solana (SOL) and XRP (XRP). 

Why is the SEC delaying crypto ETFs?

While the SEC refrained from giving specific reasons beyond ‘needing more time,’ the broader context suggests regulatory unease around staking mechanics and altcoin classifications. The Commission may also be buying time to finalize its proposed Generic Listing Standards, a rule framework designed to streamline the listing process for crypto-based ETFs.

If adopted, this could allow funds to bypass the traditional Form 19b-4 process and gain approval after a 75-day review period.

Meanwhile, there has been a growing institutional interest in crypto investment vehicles in the past few months, thanks to the crypto-friendly climate under the administration of Donald Trump and the SEC Chairman, Paul Atkins.

Still, more than 90 crypto ETFs remain in regulatory limbo. The SEC has remained conservative in its approach to launching more crypto ETFs following Bitcoin and Ethereum’s approval in early 2024, and for now, the crypto industry is on edge as October and November deadlines approach.



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Ethereum: Validator Exits Post-$41 Million Hack
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Ethereum: Validator Exits Post-$41 Million Hack

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  • Kiln exits all of its Ethereum (ETH) validators: Details
  • Swissborg loses $41 million after third-party API attack

As part of “additional precautionary measures to safeguard client assets,” Kiln, a large-scale staking platform, is exiting Ethereum (ETH) validators. This might significantly increase the exit queue of the second-largest blockchain.

Kiln exits all of its Ethereum (ETH) validators: Details

According to the official statement shared by its team, Kiln, a multi-blockchain staking protocol, is exiting all of its Ethereum (ETH) validators. The withdrawal is organized as part of security measures following the Sept. 8, 2025, attack on its partner.

1/10 🧵 Following our announcement yesterday regarding the Solana incident involving SwissBorg, Kiln is taking additional precautionary measures to safeguard client assets across all the networks.https://t.co/ePKBaStIet

— Kiln 🧱🔥 (@Kiln_finance) September 9, 2025

Laszlo Szabo, co-founder and CEO at Kiln, explained the motivation behind the ETH validation exit for his company:

We took immediate action once we identified a potential compromise in our infrastructure. Exiting validators is the responsible step to protect stakers, and we are monitoring the process closely to ensure the security and reliability of our services.

The exact volume of Ether that was staked by Kiln — as well as the number of validator nodes it operated — remains undisclosed. At the same time, Szabo specified that the exit will take between 10 and 42 days.

Clients’ funds remain safe, the statement says.

Observers noticed that the validator exit queue added 700,000 ETH since the hack.

Swissborg loses $41 million after third-party API attack

Two days ago, on Sept. 8, 2025, Swissborg, a Kiln partner, registered a hacker attack. The malefactors used leaked API keys to access funds, including Solana (SOL) holdings.

The net volume of assets affected exceeds $41 million in equivalent. This is roughly equal to 1% of all assets under management at Swissborg.

The company has already announced plans to fully reimburse all clients whose funds have been stolen by attackers.





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