S&P Launches Digital Markets 50 Index

ETH ETF inflows surge, SOL holds support near $240, and Zexpire’s $ZX token opens a new way to profit from volatility with one-click daily predictions.

The post Hyperliquid Surges in 24-Hour Revenue, Outpaces Key Competitors appeared on BitcoinEthereumNews.com. Key Points: Hyperliquid outpaces pump.fun, achieving $2.75M in 24-hour revenue. Ranks third in protocol fee rankings, below Tether. Significant market interest in DeFi perpetual derivatives. Hyperliquid reports a daily revenue of $2.75 million, surpassing Pump.fun and trailing only behind Tether and Circle in the protocol fee rankings, as per Defillama data. This revenue surge highlights Hyperliquid’s growing influence in the DeFi sector, with increased competition against centralized derivatives, attracting attention from industry leaders like Raoul Pal. Hyperliquid’s $2.75M Revenue Boosts DeFi Market Hyperliquid achieved $2.75 million revenue in 24 hours, overtaking pump.fun, according to Defillama data. This success places Hyperliquid third in protocol fee rankings, below Tether, at $21.83 million, and Circle, at $7.75 million. Hyperliquid’s growth underscores the increasing relevance of DeFi perpetuals. Circle’s CEO, Jeremy Allaire, highlighted the significance of USDC integration in enhancing liquidity. Tether’s on-chain wallet data confirms considerable interest with a 30% on-chain surge related to Hyperliquid holdings. Industry leaders have recognized the potential impact. Raoul Pal, CEO of Real Vision, noted the shift towards decentralized derivatives from centralized options, stating:“The Hyperliquid surge is clear evidence that DeFi perpetuals are outcompeting centralized derivatives—this is the paradigm shift we’ve been waiting for.” Historical Trends Highlight Hyperliquid’s DeFi Influence Did you know? Hyperliquid previously exceeded Ethereum and Solana in daily fees in July 2025, establishing a growth trend akin to dYdX and Uniswap’s rises but with a perpetual derivatives focus. Hyperliquid’s market performance indicates a positive trajectory. Currently priced at $56.11 according to CoinMarketCap, it has seen a 33.45% increase over 30 days. The market cap stands at $18.74 billion, with a trade volume drop of 27.54% within 24 hours. Despite this, Hyperliquid maintains a market dominance of 0.46%, reflecting its competitive edge in DeFi. Hyperliquid(HYPE), daily chart, screenshot on CoinMarketCap at 16:05 UTC on September 19,…

The post First U.S. Dogecoin ETF Marks a New Chapter for Memecoins appeared on BitcoinEthereumNews.com. The first exchange-traded fund (ETF) tied to Dogecoin is set to begin trading in the United States on Thursday, marking a milestone in the uneasy relationship between crypto culture and Wall Street. The Rex-Osprey Doge ETF (ticker: DOJE) will give institutional investors regulated exposure to the memecoin that started as a joke in 2013 but has since grown into a $36 billion market heavyweight. Approved under the Investment Company Act of 1940, DOJE differs from the spot Bitcoin ETFs that made headlines earlier this year. Instead of holding Dogecoin directly, the fund gains exposure through derivatives and a Cayman Islands subsidiary, a structure designed to meet diversification rules under the 1940 framework. That distinction sets it apart from Bitcoin funds approved under the 1933 Securities Act, which operate more like traditional commodity trusts. The debut comes as interest in memecoins continues to spill over into mainstream markets, with projects like the new site maxidogetoken.com also drawing attention in presale phases. Dogecoin’s surge ahead of the ETF has not gone unnoticed. DOGE prices rose nearly 13% over the last week, according to CoinMarketCap, and retail traders positioned ahead of the launch. Advocates believe DOGE’s durability has allowed it to weather multiple winter downturns while still managing to stay in the top 10 among cryptocurrencies by market cap, which demonstrates that its community-driven nature provides some unique value. Elon Musk’s outspoken remarks in 2021 only helped reinforce this belief. Reactions to the ETF are mixed. Critics believe the product institutionalises speculation, with little more than an expensive wrapper around a product that investors could buy themselves outright. Brian Huang, CEO of Glider, believes that these ETFs are charging big fees when people could create an online account and purchase the token that way. Supporters believe the fund lends legitimacy to DOGE through…