Bitpush editors handpick the following Web3 news for you every day:
Metaplanet plans to raise approximately $1.4 billion to buy more Bitcoin
Japanese listed company Metaplanet plans to raise approximately $1.4 billion in additional funds, 90% of which will be used to purchase Bitcoin between September and October 2025.
Trump's net worth has increased by $3 billion in the past year
Donald Trump just had the most lucrative year of his life, according to Fortune magazine. The president's net worth is now a record $7.3 billion, a significant increase from the $4.3 billion he had when he entered the 2024 presidential race. This $3 billion increase has propelled him 118 spots on the Forbes 400 list, bringing him to 201st this year.
No president in U.S. history has leveraged his position of power to amass such immense wealth as Trump has, primarily through cryptocurrency, an asset class rife with hype and subject to significant regulatory risk.
Grayscale has submitted registration statements for BCH, LTC, and HBAR to the US SEC .
Grayscale has submitted S-3 registration statements for the Grayscale Bitcoin Cash Trust (BCH) and Grayscale Litecoin Trust (LTC) to the SEC, according to U.S. SEC filings. Grayscale has also filed an S-1 registration statement for the Grayscale Hedera Trust ETF, intending to offer securities publicly in the United States.
REX/Osprey Dogecoin ETF to Start Trading Thursday, Bitwise Proposal Delayed by SEC
According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) postponed its decision on Bitwise’s Dogecoin ETF on Tuesday, saying it needed “longer time” to analyze rule changes to approve the product.
Meanwhile, the Dogecoin ETF, a collaboration between REX Shares and Osprey Funds, is scheduled to begin trading this Thursday (September 12th) under the ticker symbol DOJE. This ETF utilizes the compliance path of the Investment Company Act of 1940, providing investors with exposure to Dogecoin through an investment in a subsidiary registered in the Cayman Islands. Bloomberg analyst Eric Balchunas noted that this could be the first US ETF to hold an asset with "deliberately no utility."
The incident comes as new SEC Chairman Paul Atkins has pledged to take a friendlier stance toward digital assets, with nearly 100 spot crypto ETF applications still awaiting approval.
[The US Supreme Court will hear Trump's tariff case, with arguments scheduled for early November]
The U.S. Supreme Court agreed on Tuesday to rule on the legality of Trump's sweeping global tariffs. Lower courts had previously ruled that most of Trump's tariffs were ultra vires and invalid. The Supreme Court acted swiftly after the Trump administration asked it to review the case last week. The Supreme Court will expedite the case, scheduling oral arguments for the first week of November. The justices also agreed to hear a separate challenge to Trump's tariffs by Learning Resources, a family-owned toy company.
CBOE plans to launch continuous futures contracts for Bitcoin and Ethereum starting November 10
The Chicago Board Options Exchange (CBOE) plans to launch continuous futures contracts for Bitcoin and Ethereum starting November 10.
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