RT BSCN (@BSCNews)🚨 LITECOIN ETFS EXPECTED "VERY SOON" - @litecoin's creator has offered his insight on the prospects of an $LTC ETF in the US... Here's what you need to know ⬇️ https://t.co/yeuDLAvM5g ...

ETF Investors Turn Bearish on Bitcoin, Bullish on XRP and Solana: CoinShares► https://t.co/C83nbibKkX https://t.co/C83nbibKkX ...

RT BSCN (@BSCNews)🚨 LITECOIN ETFS EXPECTED "VERY SOON" - @litecoin's creator has offered his insight on the prospects of an $LTC ETF in the US... Here's what you need to know ⬇️ https://t.co/yeuDLAvM5g ...

🇺🇸 NEW: SEC told ETF issuers to withdraw 19b-4s, as new generic standards make them unnecessary, per add per Eleneor Terrett. https://t.co/fWFesCmS6f ...

Dimensional said the SEC intends to grant the fund manager the ability to offer ETFs as share classes of mutual funds, opening the door for widespread use of a tax-saving structure previously exclusive to Vanguard https://t.co/E5xVqDmAjK ...

Macro Liquidity - The US dollar index continued to rise, and the degree of "inversion" in the China-US interest rate spread deepened, with inflation expectations declining [1][12] - Offshore dollar liquidity tightened overall, while the domestic interbank funding situation remained balanced [1][17] Market Trading Activity - Overall market trading activity has decreased, with major indices' volatility also declining [2][31] - Trading heat in sectors such as electronics, automotive, consumer services, real estate, textiles, and communications remains above the 80th percentile [2][24] - The volatility of the communication sector remains above the 80th historical percentile [2][31] Institutional Research - Research activity is high in sectors such as electronics, pharmaceuticals, communications, non-ferrous metals, and food and beverages, with mechanical, transportation, banking, and consumer services sectors seeing a month-on-month increase in research heat [3][42] Analyst Forecasts - Analysts have adjusted net profit forecasts for the entire A-share market for 2025 and 2026, with increases in sectors such as non-ferrous metals, consumer services, chemicals, machinery, and automotive [4][49] - The proportion of stocks with upward revisions in net profit forecasts for 2025 and 2026 has increased [4][49] - The net profit forecasts for the Shanghai Stock Exchange 50 and CSI 300 indices for 2025 and 2026 have been raised, while the CSI 500 index has seen downward adjustments [4][49] Northbound Trading Activity - Northbound trading activity has decreased, continuing to show net selling but at a slower pace [5][31] - In the top 10 active stocks, the ratio of buy/sell totals in sectors like electronics, electric vehicles, and automotive has increased, while it has decreased in non-bank, pharmaceuticals, and non-ferrous sectors [5][31] Margin Financing Activity - Margin financing activity is approaching the highest point since July 2020, with a net purchase of 26.48 billion yuan last week [6][35] - The main net purchases in margin financing were in electronics, communications, and electric vehicle sectors, while net sales were seen in non-ferrous metals, pharmaceuticals, and non-bank sectors [6][35] Active Equity Fund Positions - Active equity funds have reduced their positions, primarily increasing allocations in media, computing, and machinery sectors while decreasing in communications, non-ferrous metals, and food and beverages [8][45] - The correlation between active equity funds and mid/small-cap growth and small-cap value has increased [8][45] - New fund establishment sizes have decreased, with active funds seeing a rebound while passive funds have declined [8][50]

Market Trends & Cryptocurrency Performance - Crypto majors experienced a rally over the weekend, with BTC up 3% at $112,100, ETH up 3% at $4,100, XRP up 3% at $2.85, and SOL up 4% at $207 [1] - ZEC (+19%), PUMP (+11%), and MYX (+11%) led the top movers in cryptocurrency [1] - Memecoin leaders are generally green on the day but red on the week, with varying percentage changes [1] - AI x Crypto overall market cap increased by 2% to $16.9 billion [2] ETF & Investment Flows - BTC ETFs experienced net outflows of $897 million last week, while ETH ETFs saw $795 million in outflows [1] - Short liquidations in crypto reached $260 million on Sunday [1] - Vanguard is reportedly considering offering access to third-party crypto ETFs to its U S brokerage clients [1] Corporate & Regulatory Developments - Tether is reportedly raising capital at a $500 billion valuation [1] - Kraken is valued at $15 billion after a recent $500 million raise [1] - The SEC and FINRA are investigating DATs for potential insider trading [1] - Bitcoin miner TeraWulf is seeking to raise another $3 billion to fuel its expansion plans [1] NFT Market - Hypurr NFTs opened at a $65,000 floor with over $60 million in trading volume on their first day [1][2] - ETH NFT leaders were slightly red on the week, with Punks down 3% at 47.6 ETH, Pudgy down 2% at 10.23 ETH, and BAYC down 3% at 9.13 ETH [2]

RT BSCN (@BSCNews)🚨 LITECOIN ETFS EXPECTED "VERY SOON" - @litecoin's creator has offered his insight on the prospects of an $LTC ETF in the US... Here's what you need to know ⬇️ https://t.co/yeuDLAvM5g ...

Core Insights - Small-cap U.S. stocks are showing signs of a potential comeback after a prolonged period of underperformance, although it remains uncertain if this is the beginning of a sustained rally or a temporary rise [1] Performance Overview - The iShares Russell 2000 index has increased by 11% over the past three months as of September 25, 2025, compared to a 7.6% gain in the S&P 500. However, year-to-date performance shows the iShares Russell 2000 ETF (IWM) up 8.2%, lagging behind the SPDR S&P 500 ETF Trust (SPY) which is up 12.6% [2] - The early-year weakness in small-cap stocks was largely attributed to President Trump's announcement of higher tariffs in April, which adversely affected smaller companies [2] Economic Factors - The Federal Reserve's decision to cut interest rates by 25 basis points in September and the indication of two more cuts this year could benefit small-cap stocks, with an 87.7% probability of another 25-bp cut in October [3] - The U.S. economy experienced a robust growth rate of 3.8% in Q2 of 2025, driven by stronger consumer spending, marking an upward revision from a previous estimate of 3.3% [4] - The positive economic growth is favorable for small-cap stocks, which are closely tied to the domestic economy [5] Valuation Metrics - As of September 19, 2025, the Russell 2000 is trading at a P/E ratio of 34.65, significantly higher than the year-ago level of 25.12, indicating that small caps may be overvalued [6] - In comparison, the Nasdaq 100 is trading at a P/E ratio of 32.65, and the S&P 500 at 25.30, suggesting that small-cap stocks are not cheap relative to other indices [7] ETF Performance - Notable small-cap U.S. ETFs that have performed well in Q3 include: - Fidelity Enhanced Small Cap ETF (FESM) – up 15.5% - Invesco S&P SmallCap 600 Pure Value ETF (RZV) – up 14% - Vanguard Russell 2000 Value ETF (VTWV) – up 13.6% - First Trust Small Cap Core AlphaDEX ETF (FYX) – up 13.5% - Janus Henderson Small Cap Growth Alpha ETF (JSML) – up 13.4% - iShares Russell 2000 Growth ETF (IWO) – up 13% [8] Market Concerns - President Trump's announcement on September 25, 2025, regarding new tariffs on various imports starting October 1 may introduce volatility in small-cap stocks in the short term [9]

ETF Flow - ETH ETFs 上周净流出 79580 万美元 [1] - 行业面临资金流出压力 [1]